These are the straps that are used to hold concrete forms together when your foundation is poured. After the materials have cured and hardened, the rods are removed and the ends of the ties are broken. This will leave a hole where water could seep into the basement environment.
To fix the problem and prevent additional moisture intrusion, St. Louis Basement Pros can fill and seal the opening using our epoxy materials. The repair process is fast, and the material will harden and cure quickly. Regardless of what you use your basement for, or if you never have any plans of finishing it, it is important for you to nip the moisture problem in the bud before it starts to cause additional damage throughout the space.