Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

Substandard rebars sold in Mindanao, Luzon – PISI

by
October 13, 2024
in Top News
0
Substandard rebars sold in Mindanao, Luzon – PISI
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter
PIXABAY

THE Philippine Iron and Steel Institute (PISI) said that results of its test-buy operations show that substandard rebars, enough to build more than 10,000 houses per month, are being sold in Luzon and Mindanao.

“The steel industry had found substandard rebars in random test buys in Mindanao last September, just a few weeks after finding the same problem in its July test buys in Northern Luzon,” PISI said in a statement sent over the weekend.

“Based on the information gathered from the test buys, the inferior rebars are enough to build more than 10,000 houses per month, putting at risk up to 30,000 people,” it added.

With the findings, PISI said it has asked the Department of Trade and Industry (DTI) to conduct a surveillance audit of the companies involved.

PISI has been conducting the test buys in coordination with the DTI.

According to PISI, it bought rebars from hardware stores in Davao del Sur, Davao del Norte, Maguindanao, Lanao del Sur, Lanao del Norte, Zamboanga del Norte, Samal Island, Cotabato City, Pagadian City, and Iligan City from Sept. 9-13.

“The Mindanao rebars failed to meet the minimum standard requirements for weight and are prone to brittleness,” PISI said.

“These were the same findings for the Northern Luzon rebars that were tested by the Bureau of Philippine Standards Testing Laboratory in Cavite,” it added.

Earlier this year, PISI also ran test buys in North Luzon, wherein it bought 33 samples from 16 hardware stores in Pampanga, Nueva Ecija, Tarlac, Pangasinan, La Union, Ilocos Sur, Ilocos Norte, Cagayan, Isabela, and Nueva Vizcaya.

During which, PISI found 13 of the samples substandard, failing to meet the minimum standard requirements for mass variation and elongation. — Justine Irish D. Tabile

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
Tariff cuts result in nearly P9B in foregone revenues

Tariff cuts result in nearly P9B in foregone revenues

Recommended

Rate cut impact on manufacturing to lag as policy settings still ‘tight’

Rate cut impact on manufacturing to lag as policy settings still ‘tight’

September 22, 2024
The Atimonan coal project, energy transition, and the ERC

The Atimonan coal project, energy transition, and the ERC

September 18, 2024
Firework-related injuries reach 843

Firework-related injuries reach 843

January 6, 2025
In-Depth Q&A with Ernesto Morales, CEO of North Star Alliances

In-Depth Q&A with Ernesto Morales, CEO of North Star Alliances

August 8, 2024
“MP Marsha de Cordova named ambassador for the Nystagmus Network”

“MP Marsha de Cordova named ambassador for the Nystagmus Network”

November 22, 2024
Disney unveils its first Asian cruise liner

Disney unveils its first Asian cruise liner

October 17, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank you

    Copyright © 2025 investdailypro.com | All Rights Reserved