Baosteel supplies steel for Commercial Aircraft

Baosteel has signed an outlined deal to supply steel for Commercial Aircraft Corporation of China, a multi-state owned corporation founded manufacturer of homemade civil aircrafts in Shanghai, which is scheduled to be in operation in 2012. The project was co-founded in May 2008 by many investors including the State-owned Assets Supervision and Administration Commission of the State Council, Aviation Industry Corporation I, Baosteel Group and Chalco.