April 2, 2008 - Erasteel Innovative Materials (Tianjin) Co.,Ltd, an investment by Erasteel of France, celebrates the opening of its business at TEDA.

The Tianjin plant of Erasteel costs a total of USD15 million, and has a registered capital of USD 8 million. Its product line features high-performance steel, which is mainly used in high-tech tools and spare parts, like hard cutters, diesel injections system, aviation fasteners, etc. Its customer portfolio includes BOSS, Kenmetals, Airbus, etc.