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News Philippines Department of Trade and Industry places provisional tariff on imported cement

Philippines Department of Trade and Industry places provisional tariff on imported cement

Written by Global Cement staff 17 January 2019
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Philippines: The Department of Trade and Industry (DTI) will impose a provisional safeguard duty of US$0.16/bag on imported cement. The decision follows an investigation where it said there were clear elements of a surge in cement imports and that this would cause injury to local producers, according to the Philippine News Agency. The import duty is equivalent to about 4% of the cost of a 40kg bag of cement. Data from the Philippine Cement Importers Association (PCIA) using sources from the Bureau of Import Services showed that of the total 28.6Mt of demand in 2017, local manufacturers supplied 25.6Mt while importers supplied the remaining 3Mt.

Last modified on 23 January 2019
Published in Global Cement News
Tagged under
  • Philippines
  • Department of Trade and Industry
  • Tax
  • Import
  • Philippine Cement Importers Association
  • GCW388

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