ArcelorMittal opens JV auto steel plant in China

摘要

The world's largest steel producer has inaugurated a new mill with its Chinese partner, with the country's ever-growing automobile market in mind. Hunan Valin Steel and ArcelorMittal describe it as the fastest-growing in the world, recording a 16% increase in car sales to 18 M units last year and expected to account for 35% of worldwide automotive growth between now and 2020.