SteelAsia Manufacturing Corp., the Philippines’ largest steel producer, has recruited a cohort of repatriated overseas Filipino workers (OFWs) to commission the country’s first structural steel sections mill, a move aimed at replacing imports and advancing national industrialization. The...
Reinforcement bar producer SteelAsia Manufacturing Corp. has secured a ₱1.25 billion green loan facility from Taiwan’s Cathay United Bank Co. to finance its environmentally sustainable steel production initiatives. In a statement, SteelAsia said the transaction was the first time a Philippine...
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....