It's reported that Baosteel Special Steel Business Unit announced it has signed a strategic deal with Hongrun Heavy Industries Group, a Hebei Province-based Chinese company. Baosteel intends to use Hongrun's strong R&D technology strengths for its special steel making and to develop advanced high grade large diameter pipes through combing with Hongrun Heavy Industries Group's world-class 50,000 tons hot exclusion machine.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66783&division=A9
