Steel Asia Aims to Start H Beam Plant in Philippines in 2023
Taguig Metro Manila based steel company SteelAsia Manufacturing Corp announced that country’s first steel beams manufacturing plant in Municipality
Taguig Metro Manila based steel company SteelAsia Manufacturing Corp announced that country’s first steel beams manufacturing plant in Municipality of Lemery in Province of Batangas in Philippines is expected to start operations in 2023. The plant will produce products used in infrastructure and heavy construction including H & I beams, sheet piles, heavy angles and channels that are all currently being imported. It will have a capacity of 1.1 million tonnes per year. SteelAsia said the plant will recycle steel scrap that is currently exported.
SMS and Fives provided the design and supplied the equipment for the manufacturing plant. Construction of the two production units, steel making and steel section rolling, which broke ground in 2019, was suspended due to the Covid-19 lockdowns.
SteelAsia is mainly a reinforcing steel bar producer. The company has plants in Davao, Cebu, Misamis Oriental, Batangas, and Bulacan and is also putting up plants in Compostela Cebu, Tarlac and Quezon Province.