Treasure Steelworks Corporation Energizes Iligan Steel Plant

TKC Steel Corporation announced the forthcoming completion of its major capacity and capability enhancement project with the commissioning work of the first blast furnace in Iligan City.  This is the first of two blast furnace modules undertaken by subsidiary, Treasure Steelworks Corporation (TSC).

The Iligan City blast furnace is scheduled for cold testing to ensure all components of the system will function properly when the facility is energized next week.

Upon confirmation of cold testing results, the facility will be scheduled for hot testing and actual firing soon thereafter. With the full operation of its blast furnace, TSC expects to improve its capability to produce steel from indigeneous iron ore, thereby completing the first fully integrated steel mill in the Philippines.

Support facilities earlier set-up by TSC will complement the blast furnace to ensure adequate raw material supply for efficient production of steel products. These include the ore beneficiation plant and the power generation plant which is expected to help alleviate the power supply shortage in Mindanao.