Cases & Deals

Allegheny Technologies and Tsingshan form innovative stainless steel joint venture

Client(s) Allegheny Technologies, Inc.

Jones Day advised Allegheny Technologies (ATI), a global manufacturer of advanced specialty materials, in connection with the formation of a 50/50 joint venture with an affiliate of Tsingshan Group. Tsingshan is vertically integrated and is the world's largest stainless steel producer. The joint venture will manufacture and sell 60 inch-wide stainless steel in North America.