Shanghai-based Chinese steel giant Baosteel has announced that its SVh40C grade hot rolled high-strength steel for application in crankshafts of automobiles has been approved by Hubei Province based carmaker Dongfeng-Nissan Motor Co a joint venture of China Dongfeng Motor Co and Japanese car producer Nissan.

Dongfeng-Nissan has an annual output capacity of one million automobiles. In order to lower costs, in the second half of 2011 Dongfeng-Nİssan began to approve Chinese production hot rolled high-strength steel for its car production.

(Sourced from SteelOrbis)
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