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JFE Shoji Trade & PROLAMSA form auto steel service center JV JSSB in Mexico

Steel News - Published on Fri, 17 May 2019

Image Source: Forbes
JFE Shoji Trade Corporation, through its subsidiary JFE Shoji Trade America and a leading steel pipe manufacturer in Mexico PRODUCTOS LAMINADOS DE MONTERREY SADE CV established a joint venture company fJFE SHOJI STEEL SERVICE CENTER BAJIO SAPI DE CV J in Mexico to promote processing and sales of steel products for automotive industry. JSSB is constructed in a land adjacent to NUCOR-JFE STEEL MEXICO, a joint venture between JFE Steel Corporation and NUCOR CORPORATION for manufacturing steel products for automotive industry. JSSB is expected to be installed with facilities capable of processing ultra-high strength steel and exposed steel panels for automobiles to capture the rising demand of steel for auto industry, with greater attention paid to safety and quality assurance.

PROLAMSA and JFE Shoji America have already been business partners and established a joint venture plant of Cold Drawn Tube Manufacturing (PROSANKIN) in 2015. JSSB was established to realize the desires of both JFE Shoji America, which aims to capture the demand of steel for automobiles, and PROLAMSA GROUP, which intends to further expand automotive related business.

Outline of the new steel service center
Company Name: JFE SHOJI STEEL SERVICE CENTER BAJIO S.A.P.I. DE C.V.
Location: Silao, Guanajato, Mexico
Establishment Investment amount: April 2019 - Approx JPY 3 billion (JFE Shoji America 95%, PROLAMSA GROUP 5%)
Form of business: Processing and sales of steel products
Facility: Big slitter machine capable of processing ultra-high strength steel
(Thickness range: 0.4~3.6mm, Max. width: 1,880mm, TS max: 1,470Mpa)
Start of Operation: October 2020 (Planned)
Land area: 104,897 sf

Source :

Posted By : Sanju Moirangthem on Fri, 17 May 2019
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