Cathay Pacific Steel Corporation (Philippines)

Cathay Pacific Steel Corporation, also known by its trade name CAPASCO, is a Philippine steel manufacturing company engaged in the production of reinforcing steel bars and related long steel products for the construction and infrastructure sectors. Established in the 1970s and incorporated in the late 1980s, the company operates multiple manufacturing plants strategically located in Quezon City, Taguig City, and Cainta, Rizal, comprising melt shops, billet casting facilities, and rolling mills. CAPASCO produces plain and deformed reinforcing bars in various diameters typically ranging from 10 millimeters to 36 millimeters, designed to meet local and international standards such as Philippine National Standards, ASTM specifications, British Standards, and Japanese Industrial Standards, and is certified under ISO quality management systems. The company's integrated operations cover scrap processing, steel melting, billet production, rolling, finishing, and quality assurance, enabling it to support a substantial annual production capacity and to supply steel bars for residential, commercial, industrial, and large-scale infrastructure projects across the Philippines. Over time, the company has expanded its capabilities by converting a former grinding ball plant into an additional rebar mill, and has built a distribution network that serves steel traders, fabricators, construction firms, and developers through both direct and indirect channels. Cathay Pacific Steel Corporation's strategic focus centers on sustaining its position as one of the major domestic rebar producers by emphasizing product consistency, capacity utilization, and compliance with technical standards, while investing in plant automation, worker training, and technical partnerships. It also supports skills development through on-the-job training and cadetship programs for engineering graduates, aligning its human capital development with the needs of a capital-intensive manufacturing operation.