JFE Shoji to integrate steel bar business, establish auto division

JFE Shoji Trade Cooperation has announced that it will integrate its steel bar, wire rod organization, commencing as of April, 2015.
 
The company said that the integration decision is due to increasing demand for not only steel bar products, but also for processed ones since these products are used in a lot of fields.
 
Additionally, JFE Shoji will also establish an automotive steel division. The company will integrate the strategy for automotive steels and enhance its capability to expand automobile-related business, which is growing throughout the global market. This new division will also strengthen the cooperation between JFE Shoji and JFE Steel.