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Cement, steel makers bat for more investments, expand local market

Cement, steel makers bat for more investments, expand local market
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Gov t urged to name substandard steel sellers, makers

Gov t urged to name substandard steel sellers, makers
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DTI urged to name firms selling substandard steel

DTI urged to name firms selling substandard steel
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Institute to help crack down on substandard steel

File photo MANILA - The Philippine Iron and Steel Institute (PISI) has vowed to continue supporting the government in cracking down on substandard steel in the domestic market. In a statement Thursday, PISI president Ronald Magsajo said the group will continue to conduct test buys across the country to identify stores that sell substandard steel products. Over the past years, PISI initiated its own test buy activities and coordinated with the government, particularly the Department of Trade and Industry (DTI), to crack down on manufacturers and sellers of substandard, deformed, and re-rolled steel products. "The institute remains to be an advocate and industry partner in promoting safety and adherence to Philippine national standards," Magsajo said. He said substandard steel products still proliferate in the local market and this poses risk to public safety. "This is especially worrisome, as the Philippines is prone to natural disasters. Just recently, we saw a magnitude

DTI intensifies crackdown vs substandard steel

Published December 14, 2020, 5:00 AM The Department of Trade and Industry (DTI) has intensified crackdown against substandard steel products seizing these items from hardware stores to protect the public from the rampant malpractice. “DTI and the private sector are intensifying their campaign against substandard rebars, angle bars and unmarked and unregistered bars that have been flooding the market of late. The unprecedented act of seizing the inferior products sends a strong signal to errant manufacturers and hardware stores,” said Ronald Magsajo, president of the Philippine Iron and Steel Institute (PISI).               Magsajo said PISI will also intensify its test-buy operations in suspected hotspots of substandard products throughout the country.

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