- Advertisement -
Global Ferronickel Holdings Inc. (FNI), said construction of its $50-million rebar steel rolling plant in Bataan will start by the first quarter next year.
Dante Bravo, FNI president, told reporters in a virtual briefing funding for the project will be internally generated but will tap credit if needed.
Construction, originally planned this year, was pushed bacj due to the pandemic.
- Advertisement -
The plant will start commercial operations in 2022 and will have an annual output of 600,000 tons of steel bars. – Jed Macapagal
