SteelAsia Manufacturing Corp., a leader in steel manufacturing, has signed an agreement with Italy-based Danieli Co. Ltd. to establish the country’s first heavy steel sections mill in Candelaria, Quezon. In a statement, SteelAsia said the project, which will cost approximately ₱30...
President Marcos has tasked government agencies to come up with a plan to improve the country's steel industry, and resolve issues impeding the industry's growth. President Ferdinand 'Bongbong' Marcos Jr. leads the inauguration of SteelAsia Manufacturing Corporation’s steel plant in Compostela,...
Filipino firm Real Steel Corporation (RSC) has cemented a deal with TotalEnergies ENEOS, a joint venture between French firm TotalEnergies and Japanese firm ENEOS, for a 16.8-megawatt solar photovoltaic (PV) rooftop installation at the former’s manufacturing facility in San Simon, Pampanga. In a...
SteelAsia Manufacturing Corp., the Philippines largest steel manufacturer, reported it has exported over 36,000 metric tons of high-strength steel bars to Canada for use in its infrastructure projects, bringing its total exports to P1.32 billion. SteelAsia Chairman and CEO Benjamin Yao said in a...
The Department of Trade and Industry (DTI) has sealed 177,00 pieces of threaded BI-GI steel pipes labeled as fence tubes worth over P110 million following their confiscation in almost all retail establishments in Davao City during a heightened crackdown against substandard steel products....
Trade and Industry Secretary Alfredo E. Pascual ordered the immediate destruction of an estimated P18.8 million worth of sub-standard steel bars to ensure safety of this critical construction material. The sub-standard deformed steel bars were produced in the local steel mill located in Laguna and...
Local manufacturers welcomed the seizure and subsequent destruction of P740,000 worth of substandard steel angle bars conducted by the Department of Trade and Industry – Bureau of Product Standards (DTI-BPS), noting that this is a big step toward protecting the public against the sale and use of...
The signing of bilateral agreements between President Ferdinand “Bongbong” Marcos Jr. and Chinese President Xi Jinping is expected to revive the country’s steel industry, the Philippine envoy to China said Saturday. In a press briefing, Ambassador Jaime FlorCruz believed the projects that...
