BaoSteel and SteelAsia Philippines plant

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

Location

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

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

Background

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.

Plant Details

Table 1: General Plant Details

Plant status	Announced date	Construction date	Workforce size
Announced	2023	2024-02	2000

Table 2: Ownership and Parent Company Information

Owner	Owner company PermID	Owner company GEM ID
SteelAsia Manufacturing Corp	5041063881	E100000131011

Table 3: Process and Products

Main production equipment	Detailed production equipment
EAF	EAF (# unknown)

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	3000 TTPA

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.

Resources

• Company website