Tag Archives: Philippines

HBIS signs MoU for USD 4.4 billion Steel Plant Project in Mindanao, the Philippines

Manila, Philippines – The Philippine Star reported that the HBIS Group, one of the world’s largest steel makers from China, is set to invest USD 4.4 billion to build an integrated steel complex in Mindanao, the Philippines. The two-phase project will produce 4.5 million tonnes of hot-rolled coil and 600,000 tonnes of slab annually in the USD 3 billion first phase, according to report. Continue reading HBIS signs MoU for USD 4.4 billion Steel Plant Project in Mindanao, the Philippines