ThyssenKrupp, a German multinational conglomerate corporation has planned to cooperate with Ansteel, who is the second largest steel maker in China to construct a new hot dip galvanized production line for expansion. This joint venture project will accelerate steel demand for both companies since they have already occupied over 30% of domestic market and supply more than their existing 30 automobile manufacturers located in mainland China regions.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63993&division=A9
