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ArcelorMittal and Japan Lender for International Cooperation indicator arrangement to fortify small business and technologies partnership

ArcelorMittal S.A.

ArcelorMittal S.A.

31 March 2023, 7:00 CET

On 30 March 2023, ArcelorMittal signed a memorandum of knowledge (‘MOU’) with the Japan Bank for Intercontinental Cooperation (‘JBIC’) to fortify their partnership in steelmaking and decarbonisation.

The signing of the MOU concerning ArcelorMittal and JBIC builds on their current company romance, which contains JBIC’s funding in aid of ArcelorMittal’s joint ventures with Nippon Steel Corporation in India and the United States, and foresees the get-togethers cooperating to produce enterprise prospects with Japanese corporations concerned in steelmaking, which include in reduced-carbon steelmaking systems.

As Japan’s coverage-centered monetary institution, component of JBIC’s position is to contribute towards building company opportunities for Japanese corporations by facilitating cooperation with global associates.


About ArcelorMittal

ArcelorMittal is the world’s top steel company, with a existence in 60 nations around the world and major steelmaking amenities in 16 nations. In 2022, ArcelorMittal experienced revenues of $79.8 billion and crude steel production of 59 million metric tonnes, even though iron ore creation achieved 50.9 million metric tonnes.

Our intent is to make at any time smarter steels that have a beneficial profit for men and women and world. Steels built using ground breaking procedures which use less power, emit significantly less carbon and cut down charges. Steels that are cleaner, much better and reusable. Steels for electrical vehicles and renewable electrical power infrastructure that will support societies as they renovate by means of this century. With metal at our core, our ingenious people and an entrepreneurial society at heart, we will support the earth in building that alter. This is what we feel it can take to be the steel corporation of the potential.

ArcelorMittal is listed on the inventory exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish inventory exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

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