# Baowu Aluminum and Kobe Steel plan joint venture for automotive aluminium sheets

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.

- Type: Acquisition
- Announced: 2024-02-23
- Where: Tianjin, China
- Status: announced
- Products: automotive aluminium sheets
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Kobe Steel](https://endata.com/companies/6583.md) (partner)
- [Baowu Aluminum Industry](https://endata.com/companies/76368.md) (partner)
- [Shensteel Automotive Aluminum (Tianjin) Co., Ltd.](https://endata.com/companies/76369.md) (partner)

## Sources

- [xbl-steel.com](https://www.xbl-steel.com/news_details/24.html), 2024-03-22: "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."

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