Baosteel signs strategic cooperation with Hongrun Heavy Industries Group

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Publish time: 24th October, 2013      Source: ChinaCCM
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It's reported that Baosteel Special Steel Business Unit announced it has signed a strategic deal with Hongrun Heavy Industries Group, a Hebei Province-based Chinese company.

Baosteel intends to use Hongrun's strong R&D technology strengths for its special steel making and to develop advanced high grade large diameter pipes through combing with Hongrun Heavy Industries Group's world-class 50,000 tons hot exclusion machine.