SteelAsia ships steel bars to Canada

ST e elA S IA Manufacturing

Corp. said it has shipped over 36,000 metric tons (MT) of high-strength steel bars used in infrastructure construction to Canada.

According to the firm, the steel bars were produced using green steel production methods. The latest shipment, SteelAsia said, is its fifth, which brings the total value of its exports to $24 million or P1.32 billion.

SteelAsia Chairman and C e O Benjamin Yao said the firm “has broken through the First World market where quality and performance standards are highest.”

“We have invested in the best available technology to produce the highest quality steel products and these shipments are our initial reward, and a validation of our reliability and capability,” Yao added.

In a statement issued it on Friday, SteelAsia said it has been using geothermal energy to recycle steel scrap into high-value, infrastructure-grade steel bars.

EDC: Leyte project bags

CSR award

FIRST Gen Corp.-owned energy Development Corp.’s (eDC) Keitech education program in leyte was recognized as the Best Corporate Social Responsibility Project for education 2023 at the league of Corporate Foundations’ CSR Guild Awards last week.

Keitech is a technical-vocational school established in 2009 by eDC in partnership with the Technical education and Skills Development Authority.

“We are honored and humbled to share with the Board that our Keitech won the Outstanding CSR Project in e d ucation at the l e ague of Corporate Foundations CSR Guild Awards,” Keitech President Allan Barcena said. Lenie Lectura

“This technology not only supports the Philippines’s infrastructure program but also promotes sustainability in steel production.”

Yao said his “vision” is for the Philippines to have its own integrated steel industry that “will give birth” to new industries and businesses such

The energy Regulatory Commission (eRC) is set to hear the applications for approval of Ancillary Services Procurement Agreements (ASPA) filed by the National Grid Corporation of the Philippines (NGCP).

As of July 7, the eRC has completed the pre-filing review of all 36 ASPAs. All applications have also undergone publication and proper payment of filing fees. Of this number, 21 applications have been formally set for hearing before the eRC.

The agency said it continues to promptly process NGCP’s ASPA applications pursuant to the competitive selection process mandated by the Department of energy (DOe)

“The eRC remains committed to facilitate the approval of the ASPAs to ensure that consumers continue to have access to reliable electricity.” as those that produce ships, cars, appliances and support others like construction and housing.

As the country imports most of its steel needs for now, Yao said this is a “tragedy” as other countries are “sapping” the jobs that are supposed to be generated in

Ancillary services support the transmission of power from generators to consumers to maintain reliable operations. These are necessary for NGCP to manage power fluctuations to ensure the quality and reliability of power flowing through its system. If not managed properly, fluctuations can cause damage to sensitive equipment, or even automatic load dropping if the fluctuations are severe enough to pose a danger to the transmission system as a whole.

NGCP is anticipating that a provisional approval for the ASPA applications should be out soon.

“The Philippine Transmission Grid shall be vulnerable to power interruptions resulting from an artificial lack of AS. Without an existing ASPA, NGCP cannot nominate power plants to provide the critical services,” the company said in its the Philippines.

“We export our resources such as steel scrap and iron ore, then import back finished steel products,” he said.

“This is a tragedy because the value and the jobs are created in another country and, in the meantime, the Philippines is import-dependent. We need job creation here, and that’s what having our own steel industry does.” l ast May, SteelAsia announced that the commercial operations of its mill that would produce its first reinforced steel bars in Cebu could start in June. applications.

Yao said the solution is to invest in state-of-the-art steel mills.

The steel company issued the statement after the mill produced its first reinforced steel bars as it entered the final phases of commissioning.

SteelAsia said the steel mill in Compostela, Cebu would produce some 1 million tons of “highstrength” rebars yearly, owing to the technology it is using.

Andrea E. San Juan

Meanwhile, the eRC said it entered into a tripartite agreement with the City Government of Pasig and Manila electric Co. (Meralco). The agreement aims to expedite the adoption of renewable energy (R e) w ithin Pasig City.

Under this agreement, the eRC, Pasig, and Meralco will collaborate on opportunities that will encourage the use of R e in the locality, focusing on projects like the net-metering program and distributed energy resources, which can help manage electricity costs, reduce greenhouse gas emissions, and generate economic development.

As of June 30, the eRC has issued Certificates of Compliance to 146 qualified end-users under the netmetering program in Pasig City, with a total capacity of 1,284.87 kilowattpeak. Lenie Lectura