ArcelorMittal, the world’s second-largest steelmaker, signed a deal on Friday to sell its steel mill and iron ore mine in Bosnia and Herzegovina to the Bosnia-based Pavgord Group, the company said in a statement.

The completion of the deal is planned for the third quarter of 2025, after all conditions for its implementation have been fulfilled, the company said.

(By Daria Sito-Sucic; Editing by Jan Harvey)

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