Shanghai-based Baosteel Special steel has signed a strategic cooperation agreement with Zhejiang Province-based Jiuli Hi-tech Metals, as announced by Chinese steel giant Baosteel.
In line with the agreement, Baosteel Special Steel, the leading special steel producer in China, and Jiuli Hi-tech Metals will utilize their assets in cooperation to provide safe and reliable stainless tubes and pipes for global industrial facilities, thereby consolidating Baosteel Special Steel’s competitiveness in special steel production, Baosteel stated.