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08 Aug
01:00

Kobe and Angang in Chinese autosheet tie-up

Japan's Kobe Steel says it has established a joint venture with Angang Steel Company to produce annealed autosheet for China rapidly expanding car producers. This became effective on 1 August. Kobelco Angang Auto Steel will be based at Angang's steelworks in Anshan in northern Liaoning province and will have an annealing capacity of 600,000 tonnes/year, Kallanish learns. The cold rolled coil substrate will be supplied by Angang Steel, the listed arm …
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