CAPACITY WATCH: HBIS, Posco to set up automotive steel JV in China

China’s Hebei Iron & Steel Group (HBIS) and South Korea's Posco have signed a deal to establish a joint venture to produce automotive steel plate in China, according to a report from HBIS’ official WeChat account published on Friday June 25.

The planned new plant will have capacity to produce 900,000 tonnes per year of...


Jessica Zong

Zihuan Pan

June 28, 2021

11:30 GMT