China stainless steelmaker TISCO to seek joint investments as boosts output - chairman

China stainless steelmaker TISCO to seek joint investments as boosts output - chairman

Today·2021-03-11 13:05

BEIJING - China Taiyuan Iron & Steel (Group) Co Ltd, the country's second-largest stainless steelmaker, will seek joint projects with local and international companies to help meet its goal of tripling production, chairman Gao Xiangming said.

Known as TISCO, the Shanxi-based company is now part of China Baowu Steel Group after the steel giant took a 51% stake in TISCO last year as part of plans by China, the world's biggest steel producer, to consolidate its industry.

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