About Capitol Steel

Our History

Founding

Capitol Steel, a leading reinforcing steel bar (or rebar) manufacturer and supplier was founded by Han Sui Cheng in 1974. In 1953, he started working at International Steel Mill, later to be renamed Apollo Steel Mills Inc., rising to become General Manager. Eventually, he becomes the President. Capitol Steel, formerly Central Steel and also a sister company of Apollo Steel and a pioneer in the Steel Industry in 1950 together with Philippine Blooming Mills and Marcelo Steel, suffered a crippling strike in 1973. The owner, Mr. Johnny Cheng, who was also his boss moved to liquidate the money-losing venture.

At the time, Mr. Han Sui Cheng, who was taking up his PhD in Economics at the University of Santo Tomas proposed a turnaround business plan as part of his thesis. The owner proposed a joint venture arrangement instead and offered a majority share in the company. He remarked that better to be a partner in a profitable business than to be the sole owner of a losing business. In time, the partnership proved to be successful, creating a steadfast rebar manufacturer. Two decades later, Mr. Johnny Cheng took over Apollo Steel and in exchange gave full ownership of Capitol Steel to Mr. Han Sui Cheng.

Under the leadership of Mr. Han Sui Cheng, Capitol Steel supplied major projects like the Magat Dam, one of the biggest infrastructure projects of its time in the 1970s. This was followed by other dams like the Pantabangan Dam, the Ipo Dam, the La Mesa Dam and others.

Continuous Improvement

Capitol Steel was also one of the early adopters of ASTM A615 Grade 60, a high tensile grade used in high rise projects in the 1980s like the Citibank Tower in Makati among others.

During the traffic crisis of the 1990s, Capitol Steel supplied the fast track projects of the EDSA-Ortigas Interchange, the EDSA-Buendia flyover, the C5-Kalayaan Flyover, and the Katipunan Flyover. The manufacturing plant was also upgraded with European, Japanese, and Taiwanese technology.

In the 2000s, Capitol Steel worked together with Centre de Recherches Métallurgiques in Belgium to produce ASTM A706 Grade 75, a higher grade of high tensile steel. This was tested and applied in its own project, a 50,000 sqm high-rise Building in the Ortigas Central Business District. Working together with Sy-Squared, Capitol Steel was able to supply the steel for an office floor plate with long spans and more compact columns that resulted in efficiency.

Looking at the Future

Presently, Capitol Steel, on its fourth decade, remains a solid partner in the construction and real estate industry. It is embarking on a major transformation to meet future challenges.

Rebar Manufacturer, Expansion — Contract signing for 500,000 mt rolling mill. More details here.

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Our Commitment

Providing the country for half a century.

Capitol Steel’s state-of-the-art rolling process, facilities, and equipment are ensured to guarantee reliable and timely delivery of rebars passing the national standard in physical, mechanical and chemical requirements, suitable to any kind of project.

VISION

To be the most trusted and reliable steel manufacturing company in the Philippines

MISSION

To be a partner in nation-building and improving the lives of Filipinos through innovative, reliable, and high-quality rebars

A brand you can trust

A Rebar Manufacturer’s Oath

We are here because we believe that we can make a contribution to society by providing steel of superior quality at a fair price.

The value of our contribution to our nation’s progress will be measured by our growth and profitability. Our profitability is proof that we are needed. It is not an end in itself. For every project we supply, we ensure our nation’s progress. The dams, bridges, flyovers, ports, schools, hospitals, and high-rise buildings are our legacy. Profitability ensures that we will continue to exist and reward those who have devoted their time and energy to ensure our profitability in the first place. Reserves must be created for times of adversity, adventurous and competitive programs undertaken, adequate taxes paid, and mistakes paid for.

We are here because we have been entrusted with the serious responsibility of building an institution that will last beyond our lifetime.

To exemplify what is to be the best in what we do, we will strive to develop our own initiative, competence, and common sense to increase our chances of success in the challenges that we face.

We are here because we strongly believe that we have earned the right to be where we are today.

And, we will always continue to strive to improve ourselves. We will be genuinely concerned if we discover that this trust has been violated or belittled by others or even by ourselves.

Lastly, we are here because we believe that we can make a difference.

A brand you can trust

QUALITY is our BUSINESS.

Customer satisfaction, achieved by supplying quality rebars (reinforcing steel bars) on time and at a competitive price is something Capitol Steel has always recognized as the prerequisite to capturing the competitive reinforcing steel bar market in the Philippines.