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The Iligan Steel Mill was established in 1952 as a government-initiated project of the National Shipyards and Steel Corporation (NASSCO). [2]After NASSCO applied for a $62.3 million loan from the United States-based Eximbank to fund projects, the latter suggested a transfer of the facilities' management to the private entity.
Integrated production began in July 1968, when all the components needed for steel-making had been set up and the first batch of steel came out at steel mill #1. Activity grew at a consistent pace, and by 1972, there were 40,000 employees—over 50,000 in the entire works, including nearby industrial units.
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The company was founded as the Island Metal Manufacturing Corporation setting its first steel mill in Quezon City with the capacity of 30,000 tons per year. [5] In the 1980s, Benjamin Yao took over SteelAsia's operations. [4] It would establish its second mill named Peninsula Steel in 1989 in Meycauyan, Bulacan. [5]
Steel is an alloy composed of between 0.2 and 2.0 percent carbon, with the balance being iron. From prehistory through the creation of the blast furnace, iron was produced from iron ore as wrought iron, 99.82–100 percent Fe, and the process of making steel involved adding carbon to iron, usually in a serendipitous manner, in the forge, or via the cementation process.
Pages in category "Iron and steel mills of the Philippines" The following 2 pages are in this category, out of 2 total. This list may not reflect recent changes .
In most of the world, sheet metal thickness is consistently specified in millimeters. In the U.S., the thickness of sheet metal is commonly specified by a traditional, non-linear measure known as its gauge. The larger the gauge number, the thinner the metal. Commonly used steel sheet metal ranges from 30 gauge to about 7 gauge.
Corrugated galvanised iron (CGI) or steel, colloquially corrugated iron (near universal), wriggly tin (taken from UK military slang), pailing (in Caribbean English), corrugated sheet metal (in North America), zinc (in Cyprus and Nigeria) or custom orb / corro sheet (Australia), is a building material composed of sheets of hot-dip galvanised ...