Building a low-carbon iron supply chain with Japan and the UAE

 

As Japan and the United Arab Emirates work towards environmental goals, Itochu 8001.T of Japan announced on Tuesday that it has partnered with JFE Steel Corp, Emirates Steel Arkan EMSTEEL.AD, and Abu Dhabi Ports Group ADPORTS.AD for a low-carbon iron supply chain.


In the UAE, where the project area would be located, Japanese Prime Minister Fumio Kishida signed the memorandum of agreement to establish the supply chain, according to Itochu.


As a part of Kishida's tour to the Gulf nations, the nations have decided to collaborate on technology and climate change.


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