Compostela, Cebu
July 9, 2024
President Ferdinand R. Marcos Jr. inaugurates the SteelAsia Manufacturing Corporation’s (SAMC) steel plant in Compostela, Cebu on July 9, 2024.
SAMC is a 59-year-old company that pioneered the use of world-class rebar manufacturing technologies in the Philippines. Apart from manufacturing rebar (reinforcing steel for construction), it also provides downstream rebar solutions, including rebar detailing, cut-and-bend, reinforcing mesh and rebar threading and coupling.
To date, the company operates six (6) steel plants across the archipelago, employing over 3,000 strong workforce. An estimated 15,000 additional jobs are created in support of its plant operations.
The facility in Compostela, Cebu is SAMC's newest and largest steel mill, boasting a production of one million metric tons per year. Known as 'Compostela Works' (as SteelAsia designates the mill), the facility is poised to provide the much-needed rebar requirements for infrastructure, including bridges, roads, air/sea ports, flood control and other critical and large-scale building works in Visayas and Mindanao.
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