China’s Baosteel to buy out Nippon Steel’s 50% stake in auto steel venture
Baoshan Iron & Steel Co., Ltd. (Baosteel) announced that it has approved the proposal on buying out Nippon Steel’s 50% stake in their auto steel joint venture. The contract for the joint venture, Baosteel-Nippon Steel Automotive Steel Sheets Co., Ltd., will expire on August 29, 2024. Established in 2004, the joint ve....
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