Steel Alliance Service CenterPurchases Land at Hemaraj Eastern Seaboard Industrial Estate

Steel Alliance Service Center Co., Ltd. (SASC), a joint venture between JFE Shoji Trade Corporation from Japan and Summit Group in Thailand, signed a contract to purchase land of 48.82 rai for its new plant at Hemaraj Eastern Seaboard Industrial Estate with a total investment of approximately 2 billion Yen or 727 million baht. Scheduled to start operating by April 2011, the new SASC plant will serve as a steel processing center with a capacity of 6,000 tons per month mainly serving the automotive industry.