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Baowu Aluminum Industry and Kobe Steel announced plans to establish a joint venture company for automotive aluminium sheets. The joint venture will use production lines from Shensteel Automotive Aluminum (Tianjin) Co., Ltd. and Baowu Aluminum Industry as bases.
“On the afternoon of February 23rd, a press conference on the intention of Baowu Aluminum Industry and Kobe Steel Co., Ltd. to establish a joint venture company for automotive aluminum sheets was held in Shanghai.”xbl-steel.com
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