Philippines, Only country in ASEAN 5 with no Integrated Steel Industry

[jhnkvn]

I share the same sentiments as uls.

Bullshit naman. To begin with, most of our manufacturing sector have fled the country thanks to our non-competitive environments. Not only is producing steel highly energy dependent but the industry is also cyclical (look at AcelorMittal's annual reports). Throw in our red tape, our government's penchant for turning a blind eye to the amount of custom smuggling, our relatively expensive minimum wage, our idiotic Senator who wants "14th" month pay, our lack of infrastructure (notably railways) and... ano uli gusto nitong Cola? Ede bilhin niya if it's such as good investment. Let's see him produce Php100 steel to compete with China's Php30 steel (prices fabricated but it gets the point across)

[K.I.L.L.]

I share the same sentiments as uls.

Bullshit naman. To begin with, most of our manufacturing sector have fled the country thanks to our non-competitive environments. Not only is producing steel highly energy dependent but the industry is also cyclical (look at AcelorMittal's annual reports). Throw in our red tape, our government's penchant for turning a blind eye to the amount of custom smuggling, our relatively expensive minimum wage, our idiotic Senator who wants "14th" month pay, our lack of infrastructure (notably railways) and... ano uli gusto nitong Cola? Ede bilhin niya if it's such as good investment. Let's see him produce Php100 steel to compete with China's Php30 steel (prices fabricated but it gets the point across)

Too true. Compared to our Asean neighbours, we are so uncompetitive with manufacturing. We've got too many labour unions and our politicians have been known to meddle in business affairs too much. Wasn't it just early this year when Ford relocated to Thailand? Does Suzuki still have a vehicle factory here or is it just for motorcycles now? I spoke to someone from the semiconductor industry half a year ago and Iwas told that a lot of factories have closed down. The only industry seriously growing is the BPO industry which is a service industry.

[glenn_duke]

Meron tayong steel plant at smelting plant, kaso yung steel plant sa Iligan binenta sa mga gungung na Malaysian tapos sinara nila para walang ka competition yung industry nila.

[falken]

Meron tayong steel plant at smelting plant, kaso yung steel plant sa Iligan binenta sa mga gungung na Malaysian tapos sinara nila para walang ka competition yung industry nila.

Afaik, matagal nang sarado yung NSC sa Iligan bago nabenta sa mga Malaysians.

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[uls]

Meron tayong steel plant at smelting plant, kaso yung steel plant sa Iligan binenta sa mga gungung na Malaysian tapos sinara nila para walang ka competition yung industry nila.

Indian po

lugi kaya sinara

[uls]

TKC uses scrap metal to make billets

[antonath]

Akala ko refinery na rin sila. Sayang.

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[Monseratto]

Only a few oligarchs have the money to control such industries... And these oligarchs control the politicians who protect them and their interest. Only foreign multinationals have the money to compete with these oligarchs. Lahat kasi ng major industries sa pinas dapat 60% hawak ng local partner kung may foreign investor. Ayaw ng mga multinationals ng ganun.

[rollyic]

bigla ko tuloy naalala yung REYNOLDS ALUMINUM...my father was working there. noon paldo-paldo lalo na pag xmas season.
hangang sa nagsara ng dahil sa mga demands ng union at hindi na kayang makipag compete sa china made.

[falken]

bigla ko tuloy naalala yung REYNOLDS ALUMINUM...my father was working there. noon paldo-paldo lalo na pag xmas season.
hangang sa nagsara ng dahil sa mga demands ng union at hindi na kayang makipag compete sa china made.

Maraming mga manufacturers din ang nagsara dahil sa mga unrealistic demands ng mga unions.