ArcelorMittal and China Oriental Group form $2.66B joint ventures for steel and NEMM

ArcelorMittal and China Oriental Group signed agreements to establish two joint ventures: an Upstream JV for HRC substrates in Tangshan, Hebei, and a Downstream JV for NEMM products in Changzhou, Jiangsu. Total investment is USD 2.66 billion.

“ArcelorMittal and China Oriental Group entered into agreements to establish an Upstream JV for the production of HRC substrates, and a Downstream JV for the production of NEMM products.”bakermckenzie.com

• 1 source
• bakermckenzie.comBaker McKenzie FenXun Advises ArcelorMittal on its Joint Venture with China Oriental Group | Newsroom | Baker McKenzieNov 6, 2024

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