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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.
On the interactive map
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
- 1990s1
- 2010s1
- 2020s3
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
- BaoSteel and SteelAsia Philippines steel plantconstruction
- Panhua Group Mindanao steel plantconstruction
- Panhua Group Sarangani steel plantconstruction
- SteelAsia Candelaria steel plantproposed
How Philippines compares · iron & steel plants by country
- 1. China458
- 22. Australia11
- 23. Taiwan11
- 24. Kazakhstan10
- 25. Philippines10
- 26. Bangladesh9
- 27. Canada8
- 28. Pakistan8
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.