Allegheny Technologies, Tsingshan form stainless sheet joint venture

Allegheny Technologies (ATI) and an affiliate of Tsingshan Group have formed a 50-50 joint venture to manufacture and sell 60-inch-wide stainless steel sheet in North America.

The deal is expected to pass customary regulatory and antitrust clearances by the first quarter of 2018, with first shipments expected in January of next year, Patrick J. DeCourcy, ATI's...


Grace Asenov

November 02, 2017

20:07 GMT