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Baosteel inks cooperation agreement with Nedschroef

Tuesday, 04 March 2014 16:59:22 (GMT+2)   -   Shanghai

Tags: China , Southeast Asia , Baosteel , steelmaking , Shanghai | similar articles » SteelOrbis News

Major Chinese steelmaker Baosteel has announced that it has signed a cooperation agreement with Netherlands-based Nedschroef Group, a leading global producer of fasteners. Accordingly, Baosteel's high-strength cold forging steel will be used in Nedschroef's production of high-end fasteners for the automotive industry.

Currently, Baosteel is the only Chinese supplier of high-strength cold forging steel for the China-based production facilities of General Motors, Volkswagen and Nissan. Baosteel has now also become the only Chinese supplier of high-strength cold forging steel for Nedschroef.

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