22
Jun
15:07
thyssenkrupp and Angang plan wheel production in China
thyssenkrupp Steel Europe has signed contracts for a joint venture to produce lightweight and steel design wheels for the auto industry in China, Kallanish learns from the group. Its partners in the planned joint venture will be Chinese steel wheel manufacturer Jingu and steelmaker Angang.
The main shareholder will be Jingu with 51%, while tk Steel will hold 34% and Ansteel 15%. thyssenkrupp Steel says that will bring in technological expertise from the ‘I…
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Anonymous
Very good overview of the weekly steel market.
Anonymous