Kobe Steel and Baowu Aluminum to form joint venture for automotive aluminum panels in China

Kobe Steel has signed a joint venture agreement with Baowu Aluminum Technology Co., Ltd. to form a new company, Kobelco Baosteel Automotive Aluminum Rolled Products Co., Ltd., integrating Kobe Steel's subsidiary in Tianjin with Baowu Aluminum's lines. The JV will manufacture and sell aluminum panels for automakers in China.

“The joint venture company will manufacture and sell aluminum panels for automakers in China.”kobelco.co.jp

• 5 sources
• kobelco.co.jpKobe Steel signs agreement to form a joint venture company producing automotive aluminum panels in China | KOBE STEEL, LTD.Aug 8, 2024
• mining.comChina’s Baosteel, Baowu Aluminum, Japan’s Kobe Steel to form JVAug 8, 2024
• kobelco-hd.com关于签订在华设立汽车用铝板材合资公司的合资合同事宜 - 新闻中心 - 神钢投资有限公司Aug 9, 2024
• mysteel.netChina's Baosteel, Baowu Aluminum sign auto JV with Japan's Kobe Steel | MysteelAug 9, 2024
• commodityevolution.comEC gave the go-ahead to the formation of a joint ventureGiaSep 9, 2024

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