17
May
08:56
SteelAsia produces first rebar at Cebu plant
SteelAsia has produced its first steel bar from its Cebu steel mill as the facility entered the final phases of commissioning, the steelmaker says. This will boost its rebar output from 2 million tonnes/year to 3m t/y.
It expects that commercial operation will start next month, in June, Kallanish notes. SteelAsia said it took only 30 months to complete the facility. Once the steel mill begins production, it will create 500 direct and 2,500 indirect jobs, acco…
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Very good overview of the weekly steel market.
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