# Baosteel and Baotou Steel Union form steel joint venture in China

Baoshan Iron & Steel Co. (Baosteel) and Inner Mongolia Baotou Steel Union Co. have established a joint venture company. Baosteel is a subsidiary of China Baowu Steel Group.

- Type: Acquisition
- Announced: 2023-04-03
- Where: China
- Status: announced
- Products: steel products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [China Baowu Steel Group](https://endata.com/companies/37069.md) (investor)
- [Baoshan Iron and Steel Co Ltd](https://endata.com/companies/40103.md) (partner)
- [Inner Mongolia Baotou Steel Union Co., Ltd.](https://endata.com/companies/46509.md) (partner)

## Sources

- [cliffordchance.com](https://www.cliffordchance.com/news/news/2023/04/clifford-chance-advises-on-two-steel-sector-joint-ventures-highl.html), 2023-04-03: "Clifford Chance has advised on the global merger control filings for two joint ventures in the metals sector."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.