NSSMC: Capacity Expansion of the Automotive Steel Sheet Joint Venture in China
Nippon Steel & Sumitomo Metal Corporation (“NSSMC”) and Baoshan Iron & Steel Co., Ltd. (“Baosteel”) have been planning to construct the fourth hot-dip galvanizing line at a site neighboring the existing lines in BNA (Baosteel-NSC Automotive Steel Sheets Co., Ltd.), the joint venture between Baosteel and NSSMC, which operates within the compound of Baosteel in …