Hunan Valin Iron and Steel Co
Valin ArcelorMittal Automotive Steel Co., Ltd., the joint venture between Hunan Valin Steel Co., Ltd. and ArcelorMittal, is incorporated at Industrial and Commercial Bureau of Hunan Province on 27 September, 2010. The registered capital of the company is 2.6 billion yuan, with 51% and 49% held by Valin Steel and ArcelorMittal respectively. The total investment envisaged of 5.2 billion yuan.
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