Loan for Automobile Steel Pipe Manufacturing and Sales Project
Supporting the Overseas Business Deployment of the Japanese Steel Industry

  • Area: Latin America and the Caribbean
  • Manufacturing and Services

JBIC signed a loan agreement with Nippon Steel Pipe Mexico, S.A de C.V. (NPM), a Mexican company jointly established by Nippon Steel & Sumitomo Metal Corporation, SPT and SC Investment Co., Ltd. (a joint venture of Sumitomo Pipe and Tube Co., Ltd. and Sumitomo Corporation), and Metal One Corporation. The loan provides the necessary funds to NPM for the manufacture and sale of high grade steel pipes for automobiles in Mexico. In providing support for the overseas business deployment of these companies investing in NPM, this loan will help the Japanese steel industry maintain and improve its international competitiveness.

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