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News Philippine Department of Trade and Industry launches new investigation into cement imports

Philippine Department of Trade and Industry launches new investigation into cement imports

Written by Global Cement staff 09 July 2021
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Philippines: The Department of Trade and Industry (DTI) has launched a new investigation into imports of cement, currently subject to safeguarding tariffs of US$0.20/bag. The investigation follows a request by Cemex Philippines, Holcim Philippines and Republic Cement. The Viet Nam News newspaper has reported that the Vietnam National Cement Association has asked the DTI and the Philippine cement industry to consider whether imports from Vietnam did real damage. In 2020, Vietnam’s export cement prices fell by 15% year-on-year. Its excess production of cement was 36Mt during the year, and its clinker prices were 20% below the regional average.

Last modified on 14 July 2021
Published in Global Cement News
Tagged under
  • Philippines
  • Department of Trade and Industry
  • Investigation
  • Import
  • Vietnam
  • Vietnam Cement Association
  • Government
  • GCW514

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