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Lakshmi Mittal, chairman of ArcelorMittal, told President Zelenskiy yesterday that his Ukraine unit is launching a ‘Steel Billion’ program, a nearly $1 billion investment

to bring the steel maker in compliance with EU ‘green steel’ rules, according to the president’s website. By the end of 2023, ArcelorMittal Kryvyi Rih, Ukraine’s largest integrated steel company, plans to complete the modernization of its coke-chemical, sinter and blast-furnace production, Mittal said. Zelenskiy, a native of Kryvyi Rih, said: “Investments in the Ukrainian economy and the environment are a positive signal for all investors.”

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