Philippines lifts incentives for downstream steel industry
According to recent industry news, Philippine Board of Investments (BOI) has recently lifted fiscal and non-fiscal incentives provided to downstream iron and steel industries with the purpose of encouraging investors to invest upstream industry. An official from BOI stated that the downstream iron and steel products are to be excluded from the fiscal and non-fiscal incentives under the scope of Philippine Iron and Steel Act (Republic Act 7103). Accordingly, producers of primary and intermediate steel products such as refined iron ore, ingot, slab, billet, plate, hot rolled coils and cold rolled coil, bars and rods will no longer be entitled to incentives.Philippines lifts incentives for downstream steel industry
Marketplace Offers
Chequered Sheet
Thickness
2 - 10 mm
Width
600 - 1,300 mm
Length
1,500 - 4,000 mm
St 37-2 DIN 17100
Tedarikçi
MUTAS DEMIR CELIK SAN TIC .A.S.
Printed Sheet-Pressure Sheets
Thickness
0.5 - 2 mm
Width
600 - 1,200 mm
Length
400 mm
Tedarikçi
MUTAS DEMIR CELIK SAN TIC .A.S.
Hot Rolled Coil
Thickness
1.5 - 25 mm
Width
1,000 - 1,500 mm
Coil
R
Tedarikçi
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Similar articles
US flat steel prices rise alongside higher October scrap even as flat steel imports post big gains
16 Oct | Flats and Slab
US import long steel prices pressured up on shrinking supply, high freight rates, energy costs
16 Oct | Longs and Billet