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28 Jun
11:20

Baosteel eyes aluminium autosheet venture

Eastern China’s Baosteel is in talks with national aluminium producer Chinalco to set up a joint venture to jointly supply automotive aluminium sheets. The steelmaker is already the largest supplier of steel autosheet in the country, and could boost its dominance through a restructuring with Wuhan Iron and Steel, Kallanish notes. Baosteel and Chinalco signed a cooperative framework agreement on 17 June, which could eventually see the pair jointly develop a…
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