Phividec Industrial Estates, Villanueva Misamis Oriental Region 10 (Northern Mindanao)
Villanueva Works is home to SteelAsia’s latest acquisition a rolling mill we call M6. Since its original commissioning in 2006, the mill owned by Elegant Steel was Mindanao’s only operating rebar mill. In 2013 the mill closed down and was acquired in the same year by the SteelAsia group.
The mill was rehabilitated and upgraded to a capacity of 250,000 tons per year.
Along with SteelAsia’s M5 in Davao, they make up the only rebar manufacturing operations in Mindanao. The regions buyers have seen rebar costs reduced by over PhP 1,500 (USD 35) per ton. Davao consumers and distributors no longer needed to ‘import’ rebar from Manila, as the region had its own rebar mill which could be accessed for picked-up orders 24 hours a day, 7 days week. Besides the lower rebar cost, the impact was also immediately felt by the regions business community as mill created economic activity for logistics, operations supply and jobs and port activity.
The two Mindanao mills are also able to cover for the unprecedented construction growth in the Luzon and Visayas islands, shipping rebar regularly to these regions.
Villanueva Works offers
- PNS49 Rebar (sizes 10mm to 16mm, lengths 6M to 12M)
- Grade 230 (ASTM Grade 33) regular and weldable