Major Chinese steelmaker Baosteel and Japan’s Kobelco Investment Co., Ltd. have jointly established Baosteel Kobelco Automotive Aluminum Sheet (Shanghai) Co., heralding a major change in the future of lightweight materials in auto manufacturing with the combination of these two giant companies.
Baosteel Kobelco Automotive Aluminum Sheet has a registered capital of approximately RMB 1.0 billion ($0.14 billion) and its business scope covers metal surface treatment and heat treatment processing, sales of high-performance non-ferrous metals and alloy materials, and import and export of goods.
