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SteelAsia chooses Tenova for its Green Technology to promote sustainability

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SteelAsia Manufacturing Corp. plans to start the operations of the countryโ€™s first industrial-scale melt shop in 2024 using the latest green technology from Tenova, a top executive said over the weekend.

โ€œOur company’s long-term vision is to develop the Philippine steel industry because this is the backbone of industrialization. We have seen our neighboring Asian countries grow faster because they can manufacture their steel. The Philippines needs to catch up. As we do so, we want our technology to be at par with global standards in efficiency and environmental sustainability,” saidย Benjamin O. Yao, President and CEO of SteelAsia.

Tenova, a leading developer and provider of sustainable solutions for the green transition of the metals industry, andย SteelAsia Manufacturing Corporation, the flagship steel manufacturing company in the Philippines, recently inkedย a partnership for Consteelยฎย Evolution, a state-of-the-art low-impactย technology for steel manufacturing. It will be the first of its kind in the country and will be employed in SteelAsiaโ€™s new melt shop in Lemery, Batangas, in 2024.

(Seated L-R) Sean Andre Y. Sy, Chief Operating Officer, SteelAsia; Paolo Stagnoli, Commercial Director for Electric Arc and Ladle Furnaces, Tenova; Benjamin O. Yao, President & CEO, SteelAsia; Davide Masoero, Area Manager for Europe, Melt Shops, Tenova; (Standing L-R) SteelAsia Executives Rafael C. Hidalgo, Senior Vice President for Business Development; David Wu, Consultant; Derek Matthew Y. Yu, Vice President for Engineering, Procurement and Construction; and Pek Hoong Chong, Chief Technical Officer.

In order to guarantee the seamless operation of the entire line, Tenova scope of work includes the EAF (Electric Arc Furnace) Consteelยฎย Evolution, the secondary metallurgy station, the billet caster, the Fume Treatment Plant (FTP) and the material handling systems, along with all engineering services for the civil works and the balance of plant.

The new Consteelยฎย Evolution melt shop will recycle local scrap metal to produce high-grade billets for steel sections. The advanced Lemery facility will also beย one of the cleanest steel plants in the world. It will generate theย lowest carbon emission, providing Filipinos withย top-quality steel sectionsย produced with the most environmentally friendly technology.

The Consteelยฎย Evolution technologyย saves energy,ย decarbonizes steel production, andย reduces environmental impactsย through efficientย energy recoveryย andย pollution controlย innovations. Scrap metal is a vital national resource used in steel production with low carbon emission, and SteelAsia targets to increase its output byย maximizing the use of scrap metal.

Across many countries, there has been a shift from ore-based steel production to scrap recycling-based due to the global industryโ€™s growing desire toย reduce emissions and dependence on coal. SteelAsiaโ€™s partnership with Tenova to further pursue its decarbonization efforts aims to make steel production more sustainable without compromising its output and financial returns.

The company operatesย six manufacturing plants across the country, located in Bulacan, Batangas, Cebu, Davao, and Misamis Oriental. It is expected to open its seventh plant this year, located in Compostela, Cebu, and increase its output from 2 million metric tons of steel annually toย 3 million metric tons.

Thanks to our partnership with Tenova, we can increase our steel productivity to support nation-building while ensuring that we also take care of the environment.โ€โ€œThanks to Tenovaโ€™s continuous efforts to enable a more sustainable metals production, SteelAsia found in our portfolio the most suitable technologies to produce high-quality steel from recycled scrap. We are honored to support SteelAsia in the green industrial development of the Philippines,โ€ย commentedย Paolo Stagnoli, Commercial Director Electric Arc & Ladle Furnace in Tenova.| – BNN/pr

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