MANILA – A group of iron and steel manufacturers and importers is complaining about the proliferation of substandard steel in the market.
Based on the study of the Philippine Iron and Steel Industry, substandard steel weighs much less than standard steel and sold 20 percent cheaper, which is why some consumers buy them.
"Kung may timbang ang bakal na 3.5 kilos, ginagawa lang nilang 3 kilos or 2.8," according to Roberto Cola, the group’s president.
The Department of Trade and Industry admits there is an increase in the number of substandard steel being sold by retailers. They’re warning the public not to buy steel with no quality marks.
The department said it continues to monitor and apprehend manufacturers and retailers of substandard steel that violate the Consumer Welfare Act as well as the Iron Steel Industry Act.
"We have filed six formal charges against hardware firms that were monitored to be selling substandard steel products," DTI Usec. Vic Dimagiba said.