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10 Dec
03:21

Hegang, Posco to cooperate on autosheet

Hebei Iron & Steel (Hegang) says that it has signed a memorandum of understanding with Posco about setting up a joint venture in China for high-end autosheet, Kallanish notes. Details of any new shared capacity have not been revealed. The new company would take material from the cold rolling facility for high-strength autosheet at Hegang's new Laoting steelworks. The Laoting project will be a flat steel plant with a 2,030mm cold rolli…
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