State-owned Development Bank of the Philippines (DBP) President and CEO Emmanuel Herbosa (right) and SteelAsia Manufacturing Corp. (SteelAsia) President Benjamin Yao confer with each other during a site visit of the firm's Calaca Meltshop and Rolling Mill in Calaca, Batangas as part of the bank's exploratory efforts on a possible new financing deal with the company. In 2020, the bank was the sole lender of the P8.3-billion rolling mill project of CompostelaSteel Inc. — a subsidiary of SteelAsia, which is considered the biggest steel-making facility in the Philippines.