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