In this study, nanostructured Fe-Ce powder with grain size of 10nm was produced by MA (mechanical alloying) process and was consolidated by PECS (pulse electric current sintering) process for the fabrication of bulk nanostructured Fe-Co softmagnetic alloy. PECS process was performed at 700, 800, 900 and $^1000{circ}C$ with holding time ranging from 0 to 15min. The effectiveness of PECS Process to Produce nanostructured bulk specimens was estimated. The optimal PECS process condition for nanostructured Fe-Co powders was found through observing the change of relative density and microstructure with sintering temperature and holding time. The magnetic properties of the sintered specimens were evaluated through the measurement of coercivity and saturation magnetization.