PSIC 2019 · Class

Operation of blast furnaces and steel making furnaces

Open to 100%

This activity involves the operation of blast furnaces and other types of steel making furnaces for the production of steel from iron ore and other materials.

Includes

Operation of blast furnaces
Operation of electric arc furnaces
Production of pig iron
Production of steel from scrap

Excludes

Manufacturing of iron and steel products
Production of iron ore

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The foreign-ownership rule, capital, licenses, and setup route are shown on each specific sub-class. Pick the one that matches your activity.

24110Operation of blast furnaces and steel making furnaces

Details

Level: Class
Section: C Manufacturing
Parent: 241

Sector statistics

Employed persons: 3.6M persons(May 2026)

Whole PSIC section C (not specific to this code). Source: PSA Labor Force Survey, May 2026.

Industry size

Establishments: 233(2017)
Employment: 13,656 persons(2017)
Revenue: ~₱112.7B(2017)

Figures are for PSIC group 241 (the nearest level PSA surveys), not this specific code. Source: PSA OpenStat, Annual Survey of Philippine Business and Industry (ASPBI), 2017. Revenue figures are approximate.

Guides from Emerhub

Set up in the Philippines

Emerhub runs the SEC and BIR filings for a foreign-owned corporation, a local corporation with structured control, employer of record, or product holding, whichever fits PSIC 2411.