NextGen Day

SteelAsia Manufacturing Corp. announced that it has recently shipped over 36,000 metric tons of steel bars for use in infrastructure construction in Canada. This marks SteelAsia’s fifth export and brings the total value of their exports to PHP1.32 billion. 💪🌍📦

The company highlighted that the steel bars were manufactured using environmentally friendly production methods. By utilizing geothermal energy and recycling steel scrap, SteelAsia produces high-quality infrastructure-grade steel bars. ♻️🌱🏗️

SteelAsia’s chairman and CEO, Benjamin Yao, expressed pride in breaking into the First World market, where the standards for quality and performance are exceptionally high. The company has invested in top-notch technology to ensure the production of superior steel products. These shipments are an initial reward and validate SteelAsia’s reliability and capabilities. 🌟📦🏢

Yao has previously emphasized the need for the Philippines to establish its integrated steel industry, stimulating the growth of new industries and businesses such as shipbuilding, automotive manufacturing, and appliance production. The Philippines relies heavily on steel imports to fulfill its requirements. Yao believes this dependence hinders job creation and economic development within the country. Establishing a domestic steel industry would address these concerns by generating employment opportunities and retaining value within the Philippines. 💼🇵🇭🏭

Presently, SteelAsia operates three steel mills in Luzon, two in the Visayas and one in Mindanao. The company’s commitment to sustainable practices and international exports positions it as a key player in the global steel market. 🌍🌱🏭

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