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

**testament11** · October 15th, 2013 05:05 PM

Originally Posted by uls

ang linya ng Pinas ay SERVICES

The sad reality we're facing. Where in fact, ang dami natin idle lands. Someone said or has been taught in school na dapat ang focus natin is on agriculture dahil sa dami ng arable lands natin. Kaso hindi, pinagpipilitan daw ang manufacturing at industrial.

**uls** · October 15th, 2013 05:30 PM

yung Galvasteel finished product yan

they import galvanized coil

**antonath** · October 15th, 2013 05:38 PM

Akala ko refinery na rin sila. Sayang.

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**Monseratto** · October 15th, 2013 07:40 PM

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** · October 15th, 2013 08:22 PM

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** · October 15th, 2013 08:57 PM

Originally Posted by 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.

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

**cpsolt** · October 15th, 2013 09:39 PM

OT:
Parang sa MTV ng Intergalactic ng Beastie Boys hehehe

**CVT** · October 15th, 2013 11:50 PM

RJ,- is that you? ...

21.4K:director:

**Helios** · October 16th, 2013 01:57 AM

even during marcos' time they deemed funding such project unfeasible as the budget (sans pdaf anomalies) can only accommodate immediate problems involving underemployment and recurring shortages. forward to ramos' time same predicament and the push for heavy industries remained tentative.

currently the market is growing rapidly, the country should take advantage of its high rating and push for more investments towards this direction

it's possible now only when the 'steal industry' rife within the gov't is dismantled

**jhnkvn** · October 16th, 2013 02:10 AM

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)