China Steel and Sumitomo to widen their partnership
According to recent news in the market, Taiwanese steel producer China Steel Corp and Japanese producer Sumitomo Metal Industries plan to expand their partnership through building plants in China. Accordingly, a plant with a capacity of at least 300'000 tons to produce steel plate used in automotive sector is planned to built. For this project, an investment of NTD5 billion ($148 million) will be made.China Steel and Sumitomo to widen their partnership
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