Baosteel and Erzhong Heavy Industries to build JV in India

Shanghai-based Chinese steel giant Baosteel has announced that its subsidiary Baosteel Engineering and Technology Group has inked an agreement with Sichuan Province-based China Erzhong Group (Deyang) Heavy Industries Co. for the construction of a joint venture company in India.
 
Baosteel Engineering and Technology Group has cooperated with Erzhong Heavy Industries on many projects in the past, including the construction of wide steel plate production facilities.