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Chalco and Baosteel Sign Automotive Aluminum Sheet Cooperation Framework

iconJun 23, 2016 10:05
Source:SMM
Chalco and Baosteel Group signed a cooperation framework agreement on June 17 over automotive aluminum sheet, the China Nonferrous Metals Industry Association (CNIA) said on its website.

SHANGHAI, Jun. 23 (SMM) – Chalco and Baosteel Group signed a cooperation framework agreement on June 17 over automotive aluminum sheet, the China Nonferrous Metals Industry Association (CNIA) said on its website. 

According to the agreement, both sides will establish a joint venture in the future to jointly develop, produce and sell automotive aluminum sheet.    

The move will be a win-win for Chalco, which has strong technical strength and rich experience in precision aluminum plate/sheet, strip production, and Baosteel Group, which enjoys big market share in high-end automotive steel sheet. 

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Chalco
baosteel
Automotive Aluminum Sheet

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