SARAJEVO, Bosnia (May 21,2008) - Quarterly data about the Bosnian metal-processing industry’s performance show that the industry is on a path to recovery. According to the official statistics, the Mostar aluminium plant produced 39,019 tonnes of aluminium in the first three months, while the Zenica steelwork produced 323,595 tonnes of steel. This output was by 29,961 tonnes bigger compared to the same period last year.
Based on the continuing upward trend in Mostar in April, as well, forecasters now expect close to 160,000 tonnes of aluminium by the end of 2008, which would be 40,000 tonnes more than the factory was producing before the 1990s war. At Zenica Arcelor-Mittal, they expect 1.3 million tonnes of steel this year.
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Wednesday, May 21, 2008
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