Steel makers buck China’s furnaces
The iron and steel sector appealed before the Trade Department to prohibit the importation of induction furnaces from China as a safeguard to maintain the quality of steel products produced in the domestic market.
A letter sent to the Trade Department by the Philippine Iron and Steel Institute claimed that the furnaces tried to produce construction grade steel products which, in reality, are substandard steel.
“In the light of the adverse impacts of these obsolete Induction Furnace facilities on our country, our institute echoes the statements of the Asean Iron and Steel Council, and requests that the Trade Department to take immediate action also ensure that the furnaces, if allowed entry, should be used for a very specific list of purpose only,” it said.
The domestic steel industry stressed that the furnaces should be used as melting equipment to produce various types of cast products, for production of ferroalloys with specific properties and in stainless steel and high alloy steel production.
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