Baosteel inks strategic cooperation agreement with Dongfeng Renault

Thursday, 15 May 2014 11:21:54 (GMT+3)   |   Shanghai
       

Major Chinese steelmaker Baosteel has announced that it has signed a cooperation agreement with Hubei Province-based car producer Dongfeng Renault Automotive Co Ltd. The agreement will cover five separate projects during the 2014-15 period. Accordingly, both parties will cooperate with each other in early vendor involvement (EVI), developing ultra-high strength steel and focusing on developing supply chains along the whole production process. According to the agreement, Baosteel will provide high value-added service for Dongfeng Renault.

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