Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 373

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 373
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 Province and Guangdong Province of the People’s Republic of China (the “PRC”) and sells mainly to customers located in the PRC. The China Oriental Group also carries out property development business which is mainly in the PRC. DHS Group DHS - Dillinger Hütte Saarstahl AG (“DHS Group”), incorporated and located in Germany, is a leading producer of heavy steel plates, cast slag pots and semi-finished products, such as pressings, pressure vessel heads and shell sections in Europe. The DHS Group also includes a further rolling mill operated by Dillinger France in Dunkirk (France). Gonvarri Steel Industries Holding Gonvarri SL (“Gonvarri Steel Industries”) is dedicated to the processing of steel. The entity is a European leader in steel service centers and renewable energy components, with strong presence in Europe and Latin America. Baffinland Baffinland Iron Mines Corporation ("Baffinland") owns the Mary River project, which has direct shipping, high grade iron ore on Baffin Island in Nunavut (Canada). 2.4.3 Other associates and joint ventures that are not

individually material

The Company has interests in a number of other joint ventures

and associates, none of which are regarded as individually

material. The following table summarizes the financial

information of all individually immaterial joint ventures and

associates that are accounted for using the equity method:

|                                                               |     | December 31, 2024 |     |               |     |       |     | December 31, 2023 |     |               |     |       |
|:--------------------------------------------------------------|:----|------------------:|:----|--------------:|:----|------:|:----|------------------:|:----|--------------:|:----|------:|
|                                                               |     |        Associates |     | JointVentures |     | Total |     |        Associates |     | JointVentures |     | Total |
| Carrying amount of interests in associates and joint ventures |     |               457 |     |           884 |     | 1,341 |     |               481 |     |           877 |     | 1,358 |
| Share of:                                                     |     |                   |     |               |     |       |     |                   |     |               |     |       |
| Income from continuing operations                             |     |                16 |     |           140 |     |   156