Bundy Tube,China Bundy Tubes,Wire On Tube Evaporators,Evaporators,Condensers For Refrigerator Manufacturer

Bundy Tube,China Bundy Tubes,Wire On Tube Evaporators,Evaporators,Condensers For Refrigerator Manufacturer

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Baosteel sets up JV on steel tube

Baosteel yesterday set up a joint venture with privately owned  Changzhou Wujin Shunda Precise Steel Tube Co., Ltd in Jiangsu to produce nuclear power evaporator (evaporator manufacturer)steel tube.

The joint venture's registered capital is 200 million yuan, with 65 percent of shares owned by Baosteel.

The deal makes Baosteel the first company in China to produce the Inconel 690 U, nuclear power industry's key material.

The project is expected to be put into production in July 2009.

 

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