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China's Baosteel signs deal with Saudi Aramco, PIF to build 'green steel' plant as part of Belt and Road Initiative

Baosteel will invest US$437.5 million for a 50 per cent stake in the proposed joint venture with Saudi Aramco and PIF. The partners aim to make project the world’s ‘most competitive low-carbon emission thick steel plates’ plant.
Saudi Arabia Public Investment Fund Public Investment Aoshan Iron And Steel Saudi Arabia Saudi Aramco
Source: scmp.com

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Other Stories of Interest: Wed, May 3, 2023 | Marcellus Drilling News

OTHER U.S. REGIONS: Cheniere lands first offtake contract for Sabine Pass expansion; NATIONAL: Why shale frackers should be in a strong position in 2023; Upstream M&A slides to $9B in 1Q23; INTERNATIONAL: Aramco in talks with Sinopec, Total on $10B Saudi Gas deal. OTHER U.S. REGIONS Cheniere lands first offtake contract for Sabine Pass expansion
Saudi Arabia Sabine Pass Saudi Gas Best Of The Rest

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