Baosteel looks beyond cutbacksfrom carmakers
By Zhang Qi | China Daily | Updated: 2011-05-04 07:56
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Stainless steel production in a rolling mill in Xinghua, Jiangsu province. The growth in steel consumption in China may slow over the next five years. Hu Zhaoming for China Daily |
Beijing - The demand for auto sheet is set to recover from a decline in auto production caused by the recent Japanese earthquake, as domestic carmakers import components from the country, said a senior executive from Baoshan Iron and Steel Corp (Baosteel) on Tuesday.
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