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September 06, 2008


JFE Steel eying upstream operation in Asia and Brazil

Mr Hajime Bada president of JFE Steel told reporters that JFE Steel is studying potential upper stream operation in several countries including Asia and Brazil.

Mr Bada said that the firm tries to expand the high value supply to meet growing demand in developing areas. He added that JFE Steel has already showed the willingness to build blast furnace in Thailand and keeps studying the market and infrastructure availability.