Philippines: SteelAsia, Danieli partner for PHP 30-billion heavy steel mill
SteelAsia has partnered with Italy's Danieli to build the Philippines' first heavy steel sections mill in Candelaria, Quezon, investing PHP 30 billion. The facility, set to be operational by 2027, will locally manufacture products that are currently imported, cut delivery times, reduce carbon emissions, and generate jobs. It will help boost the country's industrial self-sufficiency, sustainability, and infrastructure development.