UK-based plantmaker Primetals Technologies has announced that it will supply a new rolling mill for the plant of Philippine steel producer Capitol Steel Corporation (Capitol Steel) in Quezon City, Philippines. Commissioning of the plant is scheduled to start in the second half of 2017.
The rolling mill will produce around 500,000 metric tons of reinforcing steel per year with diameters ranging from 8 millimeters to 50 millimeters. Diameters up to 12 millimeters will be rolled in multi-slit mode.
Founded in 1974, Capitol Steel already runs a bar rolling mill in Quezon City near Manila, which has an annual capacity of around 200,000 metric tons. The new bar rolling mill will enable Capitol Steel to considerably increase its capacity for supplying the presently booming construction industry in the Philippines.