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Steel News July 04, 2022 06:30:36 PM

Flagship Steel Company to Use Green Technology at New Melt Shop

Paul Ploumis
ScrapMonster Author
The plant is slated to begin its operations in 2024, the press release said.

Flagship Steel Company to Use Green Technology at New Melt Shop

SEATTLE (Scrap Monster): SteelAsia Manufacturing Corporation- the Philippine’s flagship steel company announced that it has partnered with Tenova- the leading developer and provider of sustainable solutions for the green transition of the metals industry to boost sustainability.

The partnership agreement signed between the two companies says that SteelAsia’s new melt shop in Lemery, Batangas will make use of Consteel® Evolution, a state-of-the-art low-impact technology for steel manufacturing. The plant is slated to begin its operations in 2024, the press release said.

The new melt shop will recycle local scrap metal to produce high-grade billets for steel sections. The latest technology ensures that the facility will be one of the cleanest steel plants in the world, generating the lowest carbon emissions. SteelAsia targets to improve its output by maximising the use of scrap metal in an environment-friendly manner.

The steel major believes that its partnership with Tenova will boost its decarbonisation efforts significantly, in line with the global steel industry’s ongoing efforts to reduce environmental impacts through energy efficiency and pollution control techniques.

Benjamin O. Yao, President and CEO of SteelAsia noted that the partnership with Tenova will enable a more sustainable metals production. Meantime, Paolo Stagnoli, Commercial Director Electric Arc & Ladle Furnace in Tenova commented that it is honoured to SteelAsia in the green industrial development of the country.

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