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Kobe Steel Ltd completes establish joint venture with Angang Steel Co Ltd


Thursday, 7 Aug 2014 12:00am EDT 

Kobe Steel Ltd:Completed establish joint venture named KOBELCO ANGANG AUTO STEEL CO., LTD. in Liaoning, China on Aug. 1.The joint venture will be engaged in manufacturing and selling of automotive cold-rolled high-tensile.Says Kobe Steel Ltd and Angang Steel Co Ltd will hold a 49 pct stake and a 51 pct stake in the joint venture respectively.Plan disclosed on Oct. 17, 2013. 

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