CAPACITY WATCH: HBIS, Posco to set up automotive steel JV in China

June 29, 2021 / www.metalbulletin.com / Article Link

China's Hebei Iron & Steel Group (HBIS) and South Korea's Posco have signed a deal to establish a joint venture to produce automotive steel plate in China, according to a report from HBIS' official WeChat account published on Friday June 25.

The planned new plant will have capacity to produce 900,000 tonnes per year of...

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