Pangilinan-led Metro Pacific Investments Corp. (MPIC) has entered a memorandum of understanding (MOU) with Mitsui & Co. (Asia Pacific) Pte. Ltd. Manila Branch (Mitsui) and SteelAsia Manufacturing Corp. to explore the creation of a closed-loop steel recycling system that supports a circular economy....
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...
SteelAsia Manufacturing Corp. said it has solidified its position as a leading global steel supplier with the shipment of the Philippines' largest steel export to date. In a statement, Benjamin Yao, SteelAsia chairman and chief executive officer, said that the company has shipped 32,000 metric tons...
SteelAsia Manufacturing Corp. said it is investing P30 billion in a new plant in Candelaria, Quezon, to produce heavy structural steel products currently sourced entirely from imports. In a statement on Wednesday, Jan. 22, the steel manufacturer said the plant, expected to begin commercial...
SteelAsia Manufacturing Corp. plans to build five steel plants in the next four years to replace imports, create new businesses, generate local jobs, and boost economic growth in the country. In a statement on Wednesday, July 24, SteelAsia Chairman and Chief Executive Officer Benjamin Yao said they...
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,...
SteelAsia Manufacturing Corp., the Philippines’ largest steel mill, announced the production of its first reinforced steel bars as it entered the final phases of its commissioning and commercial operations by June this year. The steel mill, located in Compostela, Cebu, will produce some one...
State-owned Development Bank of the Philippines (DBP) President and CEO, Emmanuel G. Herbosa (right) and SteelAsia Manufacturing Corporation (SteelAsia) President, Benjamin Yao, confer with each other during a site visit of the firm’s Calaca Meltshop and Rolling Mill in Calaca, Batangas as part...
After being delayed by the pandemic, SteelAsia Manufacturing Corp., the Philippines’ leading steel producer, said the country’s first steel beams and sheet piles manufacturing plant in Lemery, Batangas is expected to start operations in 2023. SteelAsia President Benjamin Yao said construction...
