Longer protection for steel bars

MANILA, Philippines - The Tariff Commission is set to hold consultations with stakeholders this week to look at whether the government should extend the safeguard measure on steel bar imports.

In a notice posted on its website, the Tariff Commission said it will hold a public hearing on Thursday on the safeguard measure on steel bars.

"All interested parties shall be given the opportunity to be present, to present evidence and to be heard with respect to the progress and specific efforts made by the domestic steel bar industry to facilitate adjustment to import competition," it said.

The public hearing will be held as the Philippine steel bar Industry has filed a petition to extend the safeguard measure on steel angle bars imported to the country.

These steel bar are used by companies engaged in the construction of houses, condominiums, malls, and infrastructure projects.

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