The Economic Observer: GONVVAMA’s four plants kick off within one year, Fiercer competition in medium- and high-end automotive steel
VAMA Gonvarri Advanced Automotive Steel Solutions Co., Ltd. (GONVVAMA) is an equal-share partition joint venture between Valin ArcelorMittal Automotive Steel Co., Ltd. (VAMA) and Gonvarri Steel Services. ArcelorMittal is currently the global No.1 steel production and solutions supplier. With the success of VAMA in China, ArcelorMittal decided to extend its supply chain so as to better bring its downstream technologies to Chinese market. A new joint venture, GONVVAMA, was thus created to offers the automotive steel solutions to Chinese customers.