Philippines · asset class

Iron & Steel Plants in Philippines

The Philippines has 10 iron & steel plants mapped on the OverWatts open energy atlas — the 24th-largest fleet of the 91 countries that hold any, and 0.8% of the world's mapped total. Of these, 6 operating and 4 under construction or proposed.

The largest owner-operators are SteelAsia Manufacturing Corp (7), Panhua Group Co Ltd (2) and Mount Zynai 0304 Mining Corp (1) — SteelAsia Manufacturing Corp alone is named on 70% of them. Half of Philippines's iron & steel plants in service predate 2023 (median commissioning year of the 5 with a known date), 3 came online in the past decade and the oldest still listed is SteelAsia Calaca steel plant, dating from 1999. 4 are in the pipeline, led by BaoSteel and SteelAsia Philippines steel plant, under construction.

10
Iron & Steel Plant in Philippines
#24
of 91 countries
4
In construction / proposed

On the interactive map

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Who owns Philippines's iron & steel plants

Counts an asset once per company named as its owner or operator; a joint venture counts for each partner.

When they were built

Median commissioning year 2023 · oldest SteelAsia Calaca steel plant (1999) · newest Mount Zynai Zamboanga Sibugay steel plant (2026) · 5 of 10 carry a start date

Under construction & proposed

How Philippines compares · iron & steel plants by country

Frequently asked

How many iron & steel plants are there in Philippines?
OverWatts maps 10 iron & steel plants in Philippines — 0.8% of the world's mapped total, the 24th-largest national fleet of the 91 countries with any.
Who owns the iron & steel plants in Philippines?
SteelAsia Manufacturing Corp is named as owner or operator on the most — 7 of 10 (70%). Next are Panhua Group Co Ltd (2) and Mount Zynai 0304 Mining Corp (1).
How old are Philippines's iron & steel plants?
The median commissioning year is 2023, across the 5 in service with a known start date. The oldest still listed is SteelAsia Calaca steel plant (1999); 3 came online in the past ten years.
What new iron & steel plants are being built in Philippines?
4 projects are under construction or proposed. The largest are BaoSteel and SteelAsia Philippines steel plant, Panhua Group Mindanao steel plant and Panhua Group Sarangani steel plant.

Other asset classes in Philippines

Iron & Steel Plants in other countries