On August 8, 1991, Pres. Corazon Aquino enacted Republic Act 7103, also known as the “Iron and Steel Industry Act, with the objective of supporting the growth of the local steel industry and reviving investor growth. The policy aims to be the catalyst for the growth, promotion and development of the Iron and Steel Industry, which serves as a springboard for Philippine industrialization.
Under the mandate of R.A. 7103, the Government asked Philsteel to jumpstart the country’s industrialization through an integrated iron and steel industry.
Philsteel Holdings Corp. Chairman, Abeto A. Uy decided this is an opportune time to give shape to his long-cherished vision of helping the Filipino enjoy the world’s best steel products at the least possible cost. To assure this, steel products had to be locally manufactured.
Guided by its Chairman’s vision of a more progressive Filipino, Philsteel Holdings organized the STEEL CORPORATION OF THE PHILIPPINES in 1996.
Steelcorp’s manufacturing plant was built on a sprawling 22- hectares of prime land at the heart of Balayan, Batangas. Initially costing PhP 7.6B to construct, the plant houses the most modern integrated flat steel products processing facilities and auxiliary equipment in the country and the ASEAN region.
In 1999, Steel Corporation of the Philippines under the helm of Philsteel Holdings pioneered the introduction of roofing technologies in the Philippines using patented, cutting edge technologies. This led to the launch of GALVALUME® 55, the first locally produced 55% AL/ZN coated steel coated steel sheet that provides superior roofing protection for Filipinos.
Today, Steel Corporation of the Philippines continues to manufacture global-class, proudly local products including its patented GALVALUME 55 AL/ZN coated steel and the highly versatile GALVABOND Pure Zinc from the high quality continuous galvanized products produced in a line designed by the world’s best engineering companies
The might of strong and robust steel companies synergized into one.
Philsteel is the force that galvanizes each company;
Orchestrates and plans every move, defines the different yet vital role each company plays in the organization;
Allows a coherent, concerted effort by the companies to work together towards achieving a common goal;
To uplift the Filipino’s quality of life by leading the advocacy to raise the quality of Philippine steel products to world-class standards.
“To achieve market dominance through aggressive Sales and Marketing.”
“We are a manufacturer and supplier of world – class steel products and systems utilizing the best appropriate technology.”
We commit to provide, consistently & reliably, best quality products and system that are responsive to their needs at competitive prices and terms.
We commit to create alliances and nurture relationships that will promote mutual long- term growth, stability, and profitability.
We commit to provide opportunities for accelerating their total development and enhancing their well being, in both professional and personal aspects, and to create an organizational climate that encourage learning, productivity and teamwork for our most important assets.
We commit to uphold their vision of being the dominant force in the Philippine economy and the leader in the steel industry, thereby ensuring superior returns on their investments.
We commit to be a vital instrument for the sustainable development of our country. In this regard, we will be a caring organization preserving the environment, promoting the welfare of the communities where we operate, and acting as a responsible corporate citizen in all our endeavors.