Kobe, Angang fashion auto steel joint venture in China
Oct 22, 2013 | 02:30 PM
| Jo Isenberg-O’Loughlin
NEW YORK Japans third-largest steelmaker has teamed with Chinas sixth-largest steel producer to tap into a projected surge in demand for cold-rolled high-strength steel driven by the anticipated high-gear growth of Chinas automotive industry.
Tokyo-based Kobe Steel Ltd. and Angang Steel Co. Ltd., a subsidiary of state-owned Anshan Iron & Steel Group Corp., signed a joint-venture agreement Oct. 17 to establish Kobelco Angang Auto Steel Co. Ltd., a China-based joint venture that will produce and sell advanced cold-rolled high-strength steel sheet for automotive use.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.