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Kobe Steel and Baowu subsidiary plan automotive aluminum joint venture · Endata

◂ Announcements

Feb 26, 2024PARTNERSHIPChina

Kobe Steel and Baowu subsidiary plan automotive aluminum joint venture

Kobe Steel announced it has begun formal discussions to form a joint venture with Baowu Aluminum Technology, a subsidiary of Baowu Steel Group, for automotive aluminum sheet manufacturing and sales in China. The aim is to establish the JV within 2024.

Status

Announced

Productsautomotive aluminum sheets

CompaniesKobe Steel partner Baowu Steel partner Baowu Aluminum Technology partner

Sectors#Automotive Components

“神户制钢所宣布，关于在中国的汽车铝板制造销售业务，已开始正式讨论与世界最大钢铁企业中国宝武钢铁集团的子公司成立合资公司。”cn.nikkei.com

1 source
cn.nikkei.com神户制钢拟与宝钢子公司成立汽车铝材合资公司日经中文网Feb 26, 2024

Summarized from public sources; check the original articles before acting on it.

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May 16, 2024EXPANSIONJapan
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Nippon Light Metal and Kobe Steel to merge aluminum extrusion units
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Feb 23, 2024ACQUISITIONTianjin, China
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Jan 15, 2024EXPANSIONMoka, north of Tokyo, Japan$176.0M
Kobe Steel to add production line at Moka aluminum smelter
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