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SARAJEVO (Bosnia and Herzegovina), June 27 (SeeNews) – ArcelorMittal Zenica, the Bosnian unit of steel maker ArcelorMittal, said on Wednesday it has completed the overhaul of its blast furnace plant and extensive works on several other plants, an investment worth over 60 million marka ($35.6 million/30.7 million euro).
The overhaul, which alone cost 50 million marka, and the additional works have ensured that steel production in Zenica continues for the next 20 years, ArcelorMittal Zenica said in a statement sent to SeeNews.
"This is another important step in our journey towards building a long-term, sustainable future for steel production in this big industrial city. It confirms our firm commitment to the future," Biju Nair, the chief executive officer at ArcelorMittal Zenica, is quoted saying.
"We will continue to invest in the plant's infrastructure, in turn improving its ecological performance and increasing our manufacturing power," Nair added.
The main contractor on the overhaul of the blast furnaces plant was Dutch company Danieli Corus.
ArcelorMittal owns a steel plant in Zenica, in central Bosnia, where it processes iron ore from its Prijedor-based mine.
(1 euro=1.95583 marka)