SteelAsia Manufacturing Corp. awards contract to China’s MCC Huatian Engineering & Technology Co. Ltd. for the construction of a P30-billion steel facility in Candelaria, Quezon. The plant, projected to be operational by 2027, aims to reduce steel imports by $1.2 billion annually and create 7,000 jobs. Utilizing advanced European technology and an electric arc furnace, the facility will produce over a million tons of structural steel annually, reducing carbon footprint by 90%.
SteelAsia Manufacturing Corp. said Wednesday it awarded the engineering, procurement and construction management contract to China’s MCC Huatian Engineering & Technology Co. Ltd., for the construction of its P30-billion steel facility in Candelaria, Quezon.
Utilizing cutting-edge European steel technology, the heavy sections plant will produce over a million tons of structural steel annually, including H-beams, I-beams, angles, channels, sheet piles, plates and other heavy profiles.
CONSTRUCTION STEEL INDUSTRY JOBS INFRASTRUCTURE TECHNOLOGY
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