Nova Zeljezara Zenica vows to continue legal and political fight over steel import limits

Ahmed Hamzic, the Managing Director of Nova Zeljezara Zenica steel foundry declared on Monday, in Sarajevo, that the company will not abandon its objectives following the Council of Ministers of Bosnia and Herzegovina's failure to adopt a proposal to limit steel imports.
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Addressing steel plant workers gathered in protest in front of the Council of Ministers building, Hamzic stated that the company will continue pressing politicians for answers and will persist until they are provided. He alleged that the current situation involves lobbying and vested interests, announcing that legal proceedings will be launched in the near future.
While the Government of the Federation of BiH entity previously adopted a decision to introduce import duties on steel, the final authority for the measure rests with the Council of Ministers.
It is estimated that these protective measures would safeguard approximately 11,000 jobs. Furthermore, the decision impacts various other sectors linked to steel production, including the railway industry and the Port of Ploce in Croatia.
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