On Jan. 30, the company dispatched a 32,000-metric ton shipment of high-strength reinforcing steel from its Davao City plant to Canada for a subway project in Vancouver. The export, valued at over $19 million (₱1.1 billion), reinforces SteelAsia’s growing global footprint.
With this latest shipment, SteelAsia’s total exports for the same Canadian subway project now stand at 87,000 metric tons, amounting to about ₱3.2 billion.
“We have repeat orders from the same buyer and project, which is a strong vote of confidence in our reliability as a supplier and the quality of our products,” said SteelAsia chair and CEO Benjamin Yao. “Locally, the same holds true, as top developers remain among our most loyal customers.”
SteelAsia currently operates four steel mills across the Philippines and is expanding its capabilities with two upcoming green steel H-beam plants—one under construction in Lemery, Batangas, and another set for site development in Candelaria, with a project cost of ₱30 billion. —Ed: Corrie S. Narisma
