Government Studying Proposal to Stop Nickel Ore Exports to Develop Steel Industry

The government is studying proposals to halt the export of unprocessed minerals as part of efforts to revive the iron and steel industry. It has already finalized the Iron and Steel Roadmap 2015 – 2030 as part of the country’s industrialization process. It wants to attract investors to help revive the industry while acknowledging that creating a state-owned steel company is difficult. The Philippines only produced one million of crude steel that…

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