Hint: A crusty, rusty raceway
Corrosion has certainly taken hold of this raceway and its support hardware. Section 300.6 requires raceways, supports, and support hardware to be made of materials suitable for the environment where they are installed. This environment seems to be taking a toll on the metal components used for this installation. For ferrous metals, Sec. 300.6(A) requires raceways, supports, and support hardware to be protected against corrosion by an approved corrosion-resistant coating. Galvanized metal can often be used as a means of corrosion protection, but sometimes even galvanization may not be enough. In these instances, the use of stainless steel, or nonmetallic materials may be a better choice for protection against corrosion. Given more time, the corrosion happening here will eventually require the replacement of this raceway and supports.