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JFE Steel to Construct Continuous Galvanizing Line for Autos in Thailand

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JFE Steel Corporation announced today that it will construct Thailand?s first continuous galvanizing line for automobiles at the Hemaraj Eastern Seaboard Industrial Estate of Rayong Province in southeastern Thailand. JFE Steel Galvanizing (Thailand) Ltd., JFE Steel?s wholly owned subsidiary, will handle construction and operation of the facility, as well as sales of hot-dip galvanized steel. Thailand, Southeast Asia?s largest automobile producer, is a production and export base for many global automakers. Local demand for high-end automotive steel sheet is expected to grow as these automakers further expand capacity, including through the construction of new plants. The new continuous galvanizing line will enable JFE Steel to respond to increasingly sophisticated demands from automakers in Thailand for high-end automotive steel sheet that can be procured locally. Source: JFE Steel Corporation Project Name Hot-dip galvanized steel sheet (primarily for automobiles) Location Hemaraj Eastern Seaboard Industrial Estate, Rayong Commence April 2013 Completion N/A Estimated Investment USD 300 Million Capacity 400,000 tons/year Key Players JFE Steel Corporation

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