BaoSteel and SteelAsia Philippines plant

From Global Energy Monitor
This article is part of the
Global Steel Plant Tracker, a project of Global Energy Monitor.
Download full dataset
Report an error

BaoSteel and SteelAsia Philippines plant is an electric arc furnace (EAF) announced steel plant in Philippines.


The map below shows the approximate location of the plant in Philippines:

Loading map...
  • Location: unknown, Philippines
  • Coordinates (WGS 84): 12.585909, 123.207423 (approximate)


In January 2023, SteelAsia and China Baowu Steel Group announced their partnership to build a 3 mtpa steel plant in Philippines with an investment of USD 1.98 billion (PHP 108 billion). The selection of the site was planned to be finalised in February 2023.[1]

Plant Details

Table 1: General Plant Details

Plant status Announced date Construction date Workforce size
Announced[2][3] 2023[2] 2024-02[4] 2000[2]

Table 2: Ownership and Parent Company Information

Owner Owner company PermID Owner company GEM ID
SteelAsia Manufacturing Corp[2] 5041063881 E100000131011

Table 3: Process and Products

Main production equipment Detailed production equipment
EAF[2] EAF (# unknown)[2]

Table 4: Crude Steel Production Capacities (thousand tonnes per annum)

*Please see our Frequently Asked Questions page for an explanation of the different capacity operating statuses.
Capacity operating status* Electric arc furnace steelmaking capacity Nominal crude steel capacity (total)
announced 3000 TTPA[2] 3000 TTPA[2]

Articles and Resources

Additional data

To access additional data, including an interactive map of steel power plants, a downloadable dataset, and summary data, please visit the Global Steel Plant Tracker on the Global Energy Monitor website.


  1. "Philippines' SteelAsia to build $2bn plant with China's Baowu". Nikkei Asia. Retrieved 2023-11-15.
  2. 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 Archived from the original on 24 January 2023. {{cite web}}: Missing or empty |title= (help)
  3. Archived from the original on 15 January 2024. {{cite web}}: Missing or empty |title= (help)
  4. Archived from the original on 09 October 2023. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)