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

Kobe Steel and Baowu Aluminum Technology (subsidiaries of China Baowu Steel Group) have formed a joint venture, Kobelco Baosteel Automotive Aluminum Rolled Products Co., Ltd., to manufacture and sell aluminum panels for automakers in China. The joint venture was registered on January 9, 2025, with capital of approx. 1.0 billion yuan (approx. 20.0 billion yen).

“Kobe Steel, Ltd. announces that it finalized the registration of a joint venture company producing automotive aluminum panels in China on January 9, following approval received from regulatory authorities in Japan and China.”kobelco.co.jp

• 1 source
• kobelco.co.jpKobe Steel forms a joint venture company producing automotive aluminum panels in China | KOBE STEEL, LTD.Feb 14, 2025

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