JFE Shoji to set up steel processing center in Pune

Pune : JFE Shoji Trade Corporation has decided the establishment of steel processing center in India, which will be located at Ranjangaon industry district in the suburb of Pune city near Munbai and will be named as JFE Shoji Steel India Private Limited.

It is scheduled that it will start the operation from July 2012 and will be expected to have the sales amount of 20,000 tonne per year of steel materials, including electrical steel sheets and thin steel sheets by 2014.

Currently, JFE Shoji is operating total of fourteen steel processing centers, including five ones in China, two ones in Thailand and one in Taiwan, Singapore, Malaysia, Philippine, Vietnam, Mexico respectively.