ArcelorMittal reaches railway deal, resumes output at Bosnia mine

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ArcelorMittal reaches railway deal, resumes output at Bosnia mine
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ArcelorMittal has agreed a provisional transportation deal with a Bosnian region...

FILE PHOTO: Steel factory ArcelorMittal's logo is seen on an old train in Zenica, Bosnia and Herzegovina, February 9, 2016. REUTERS/Dado Ruvic

Production at the mine was halted after talks on the deal with the Zeljeznice RS railway company collapsed last week. Transportation of iron ore was also halted. The new agreement over transportation costs and quantities of iron ore shipped will enable the production to resume, the company said in a statement without giving more details.

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