Home | Press | Events | Eshare
According to report, Guangzhou Iron & Steel (Guanggang) and Baosteel will together to set up a joint venture of cold strip mill in Guangdong province which close to its existing Guanggang's joint venture with Japan's JFE Steel of cold rolling and coating mill.The new joint venture Guangzhou Steel will build cold-rolled mill on the site of Guangzhou JFE Steel (GJSS) with three rolling and coating lines. The joint venture is now held by Baosteel of 51% by Baosteel's investment in Guangang. And GJSS will held equally by JFE and Guangzhou Steel. The new joint venture will bring annual capacity of 1.8 million cold-rolled strip and commission in 2015