Banking on PH's infra boom

AS THE current administration is dedicated on its Build, Build, Build program, SteelAsia Philippines foresees a stronger demand for rebar in the near future but assures aside from providing high-quality rebars, they are also a company that cares for the community they are in by providing jobs and better way of living.

Nationwide, SteelAsia has a production capacity of 2.1 million tons per year (TPY) and has a target capacity expansion by 2018 of about 2 million TPY. Their billets, or the raw steel used to process rebars in their plants, are imported from the Middle East. Every month they are able to import about 130,000 tons per month, 5SP and measuring 130mm to 150 mm by 12 meters.

In Mindanao, there are two SteelAsia plants -- one in Cagayan de Oro City and the other in Bunawan, Davao City. Their plant in Davao City has a production capacity of 500,000 TPY. Their facilities are imported from Italy such as their Reheating Furnace (Forni Industrial Bendotti), Rolling Mill (Revas/Studio Crespi), and the High Speed Block Mill (Revas/Studio Crepsi, Twin 6-stand).

Their other plants in the country are in Meycauayan (550,000 TPY), Calaca (500,000 TPY), Carcar (300,00 TPY), Cagayan de Oro City (250,000 TPY), Plaridel (1.2 million TPY), and Compostela (800,000 TPY).

“To minimize transport-related costs for buyers, SteelAsia has established rebar mills across the country in its economic and distribution hubs. This benefits the full spectrum of builders, including the large-scale developer and the small rural home builder. Having community mills is also the answer to costly delays caused by vessel availability issues, vessel loading queues, and the difficulties of port congestion and rebar handling,” read SteelAsia Philippine’s statement.

“SteelAsia’s regional expansion is a solution that helps reduce pollution. Rebar shipped from Manila involves burning thousands of liters of diesel every year. By establishing community mills, builders are able to minimize or eliminate the need for shipping, thereby reducing pollution and the country carbon footprint,” it added.

SteelAsia Corporate Communication assistant vice president Teresa Pacis said their company wants to be part of nation-building as the current situation of the country needs the steel industry.

“Of course a good relationship with the residents of Bunawan is very important for us because we really wouldn’t succeed if we do not help our neighbors. We recognize that they are here first, they welcome us so we also want to do our share. We’re careful about compliance. We follow all compliance rules of the government. We try to help as much as we can but of course we also want to help in ways that our neighbors would also need,” she said.

As part of their adopt-a-school corporate social responsibility, on November 29, SteelAsia Philippines Bunawan donated 3 LED TVs and 6 laptop units to the Bunawan Aplaya Elementary School.

“The growth and the progress of our neighboring community is also a sign of growth and progress of our company as well,” said Pacis. (JPA)

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