Essar, Kobe join hands to develop auto steel

Essar Steel and Kobe Steel of Japan have entered into an MoU to produce autograde steel in India. Under the MoU, the two steelmakers will jointly explore the possibility of setting up a continuous annealing line and a continuous galvanising line for the auto sector. Essar Steel already has an umbrella technology sharing agreement with Kobe Steel. Contact: Essar Steel. Tel: 022-5001 1100/6660 1100. Fax: 022-6660 1809. E-mail: corporatecommunications@essar.com