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News dumping

Displaying items by tag: dumping

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Cement in Russia, August 2025

20 August 2025

The second quarter of 2025 saw Russian GDP growth slow to 1.1% year-on-year, with a revised full-year growth forecast of 0.9%.1 An economy bulked up on injections of military spending (budgeted at 33% of GDP in 2025)2 since the invasion of Ukraine may slowly be keeling over. Faced with this eventuality, the Russian cement industry will likely be reviewing strategies not to be dragged down with the rest of the economy.

Prior to the release of the latest economic data, Russian construction had been forecast to grow at a CAGR of 2.5% in 2026 – 2029. Drivers included anticipated investments in oil and gas, transport, airports and renewable energy.

Purely in cement terms, the data no longer appear to corroborate this outlook. Market leader Cemros expects total domestic demand to drop from 67Mt in 2024, by 10 – 15% year-on-year, to 57 – 60.3Mt in 2025. In the first half of the year, Russia consumed 28.4Mt of cement, just 4% above production volumes of 27.2Mt in the same period. Cemros cited ‘declining cement consumption’ to account for its upcoming instigation of a four-day working week at its plants across Russia from October 2025.

On 12 August 2025, Cemros spoke out about a threat to the interests of the domestic industry: increased imports from Belarus. It said that Belarus’ three-plant industry is supplying Russia with cement at a rate equivalent to the combined production volumes of two-to-three cement plants. Time to cap them, it told the government, suggesting a ceiling of 1.5Mt/yr.
The producer may have received a shock on 18 August 2025, when Belarus-based Krasnoselskstroymaterialy announced an upcoming US$100m upgrade to its 700,000t/yr Vaŭkavysk cement plant in Grobno Oblast, Belarus.

By that time, the Russian cement association, Soyuzcement, had already called for an anti-dumping investigation into all cement imports. It expects that import volumes of 3.74Mt in 2024 may rise to 5Mt/yr ‘in the near-term future.’

Lingering behind these discussions is the fact of high operating costs, partly precipitated by Russia’s continuing burden of international sanctions.

Here, the cement sector’s hopes are riding on a very particular marketing campaign: that of President Vladimir Putin on the global diplomatic circuit. He must sell his war (or peace on his terms) in a way that fends off increased international sanctions or support for Ukraine. Existing sanctions were on show at the Alaska Summit in Anchorage, US, on 15 August 2025, where the Russian leader made his pitch to US President Donald Trump – including a request for de-sanctioning, alongside various proposed punishment measures against Ukraine. Before travelling back to Moscow, the Russian delegation reportedly had to offer to pay cash for aeroplane fuel.3

Though President Trump did not secure a ceasefire, he nonetheless held back from making good on threatened new sanctions, and rated the Alaska Summit ‘10/10.’4 Putin might be equally pleased with the inconclusive outcome as precisely the goal of all his obfuscations. For Russia’s cement producers, costs won’t suddenly rise, but nor will they come down any time soon.

Far from sitting idly by, the industry is seeking new ways to actualise the value of its product. On 20 August 2025, Soyuzcement hosted a meeting of nine producers and four retail chains to strategise ways to increase sales of bagged cement. It will be subject to mandatory digital labelling from 1 October 2025. Discussions included the possibility of batch labelling of bags on the pallet for ease of scanning at retail outlets.

For now, producers’ online media spaces give the impression of work continuing as usual. On 18 August 2025, Cemros announced a US$186,000 renovation of buildings at its Mikhailovsk building materials plant in Volgograd Oblast.

The cement business in Russia is big, established and diffuse. Transformation has been its defining feature in the 33 years since the fall of the USSR, including in the relatively stable latter decades of that period. Should macroeconomic or geopolitical events overtake it once again, we can expect some shapeshifting – but also survival.

 

References

1. Reuters, ‘Russia's GDP growth slows to 1.1% in Q2, says Rosstat,’ 13 August 2025, www.reuters.com/markets/europe/russias-gdp-growth-slows-11-q2-says-rosstat-2025-08-13/

2. Global Data, ‘Russia Construction Market Size,’ 30 June 2025, www.globaldata.com/store/report/russia-construction-market-analysis/

3. Spiegel, ‘Russen boten Rubio zufolge Barzahlung für Betankung ihrer Flugzeuge an,’ 18 August 2025, www.spiegel.de/wirtschaft/trump-putin-gipfel-russen-boten-offensichtlich-barzahlung-fuer-betankung-ihrer-flugzeuge-an-a-fdd9303c-546a-43aa-89dd-4f746b8e9df3

4. Focus, ‘Jäger deutlich: "Putin verkauft Trump eine Illusion - und hat ihn jetzt in der Hand",’ 16 August 2025, www.focus.de/politik/ausland/jaeger-putin-braucht-trump-nicht-zu-fuerchten-er-hat-trump-jetzt-in-der-hand_67785013-a14b-485c-9a4a-51755ec483fa.html

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Taiwan imposes anti-dumping duties on Vietnamese cement

23 July 2025

Taiwan: The Customs Administration has imposed five-year anti-dumping duties on Portland cement and clinker imported from Vietnam, according to the Taipei Times. Cement imported from Long Son and affiliate Long Son Industrials faces a 14% tariff, Thang Long Cement will be taxed at 19%, while Vissai Ninh Binh, Xuan Thanh Cement and Vicem Ha Tien Cement will be subject to a 15% rate. All other Vietnam-based producers and exporters will be taxed at 23%.

The Ministry of Finance and Ministry of Economic Affairs confirmed that companies had dumped cement and ‘caused substantial harm’ to local producers in a statement. The Ministry also found no sufficient evidence that the duties would have a markedly negative effect on Vietnam’s ‘overall economic situation.’

An investigation into dumping of cement from Vietnam began in August 2024 after the Taiwan Cement Industry Association applied for anti-dumping duties, citing suspected dumping and harm to domestic industries.

Published in Global Cement News
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Ukraine extends anti-dumping duties on cement from Russia, Belarus and Moldova until 2030

27 May 2025

Ukraine: The Interdepartmental Commission on International Trade has extended anti-dumping duties on cement from Russia, Belarus and Moldova until 2030, according to Ukrainian News. The duties stand at 115% for Russian cement, 94% for Moldovan cement and 57% for Belarusian cement, following a review of measures first imposed in 2019.

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Taiwan government confirms Vietnamese cement dumping

20 February 2025

Taiwan: The Ministry of Finance has issued preliminary findings in its anti-dumping investigation into Vietnamese cement and clinker, confirming that Vietnamese firms engaged in dumping. Six out of 21 investigated producers had dumping margins of 16 - 20%, while others faced a margin as high as 24%. Long Son Cement recorded the lowest margin at below 17%, the only producer below the level initially alleged by the Taiwan Cement Manufacturers Association.

The Ministry of Economic Affairs has not imposed provisional duties due to lack of evidence of ongoing damage to domestic producers. The investigation began in August 2024 and will now continue its final phase.

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Ministry of Economy and Commerce initiates anti-dumping investigation

06 December 2024

Kyrgyzstan: The Ministry of Economy and Commerce in Kyrgyzstan has initiated an anti-dumping investigation into cement imports from Kazakhstan and Uzbekistan. The investigation covers imports over the past three years amid a ‘sharp’ rise in import volumes, according to Kun.Uz news. Cement imports increased by 130% from January – September 2024, reaching 401,000t, with Kazakhstan exporting 269,700t of cement worth US$14.3m and Uzbekistan exporting 124,000t valued at US$9.2m. Uzbekistan’s cement exports increased from 1000t in 2023 to 123,000t during January – September 2024. The investigation aims to determine breaches of fair competition rules and protect Kyrgyz producers and the domestic market.

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Taiwan initiates anti-dumping investigation into Vietnamese cement and clinker imports

16 August 2024

Vietnam: Taiwan has launched an anti-dumping investigation into cement and clinker imported from Vietnam. The Trade Remedies Authority of Vietnam announced that Taiwan's inquiry, initiated on 8 August 2024, focuses on cement and clinker with the import codes 2523.29.90.00.2 and 2523.10.90.00.3, requested by the Taiwan Cement Manufacturers Association. The investigation will assess imports from 1 July 2023 to 30 June 2024, targeting seven specific Vietnamese companies, among other exporters. The Vietnamese companies are mandatory respondents in this investigation and must engage fully by submitting the required information to the Ministry of Finance within the stipulated 20 days from initiation of the investigation.

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Taiwan to investigate Vietnamese cement imports

07 August 2024

Taiwan: Taiwan will initiate an anti-dumping investigation into cement and clinker imports from Vietnam in August 2024, according to the Trade Remedies Authority of Vietnam (TRAV) under the Ministry of Industry and Trade. The TRAV has advised the Vietnam Cement Association to inform its members and coordinate with Taiwanese importers for market monitoring, reports the Vietnam News Brief Service. Companies must provide export data from 2021 to mid-2024 by 12 August 2024.

Vietnamese cement and clinker exports have seen a decline in recent years. In 2023, exports fell to 31.3Mt, valued at US$1.32bn, down by 1.2% year-on-year. From January to July 2024, exports decreased further to 18.3Mt, worth US$705m, a decline of 1% compared to the same period in 2023. The VNCA forecast continued challenges for cement and clinker exports due to China’s stagnant real estate market and surplus cement production.

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South Korean government implements 72% additional duty on Egyptian white cement

17 November 2023

South Korea/Egypt: The South Korean government’s 72% ‘anti-dumping duty’ on imports of white cement from Egypt entered force on 17 November 2023. Yonhap English News has reported that the measure will remain in force for four months, until 17 March 2023.

Egypt exported 9240t of white cement to South Korea in 2022, up by a factor of nine from 2021 levels.

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Philippines Department of Trade and Industry to impose anti-dumping duties on cement from Vietnam

22 December 2022

Philippines: The Department of Trade and Industry (DTI) has decided to impose anti-dumping duties on cement imported from Vietnam. Trade Secretary Alfredo E Pascual said that the dumping of Ordinary Portland Cement (OPC) and Blended Cement from Vietnam posed an "imminent threat of material injury to the domestic cement industry," according to the BusinessWorld newspaper. The duties will comprise 4 – 28% of the export price of OPC and 3 – 55% of the price of Blended Cement. The DTI has identified 11 cement companies from Vietnam that will be targeted with the anti-dumping tariffs.

A report by the Tariff Commission found that 53% of the total cement imported from July 2019 to December 2020 comprised product originating from Vietnam at dumped prices. Overall the country’s OPC and Blended Cement imports rose by 11% year-on-year to 5.90Mt in 2020 and by 16.2% to 6.85Mt in 2021. Imports rose by a further 7% year-on-year to 3.50Mt in the first half of 2022 compared to an average of 3.27Mt for the same half-year periods in 2019, 2020 and 2021. The TC said, "The existence of threat of material injury to the domestic industry is imminent in the near future, as indicated by the significant rate of increase of dumped imports into the Philippines capturing substantial market share, presence of price undercutting, price depression and price suppression.”

Published in Global Cement News
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Philippines Tariff Commission scraps Vietnamese cement duty recommendation

20 October 2022

Philippines: The Tariff Commission has reversed a decision recommending that the government implement anti-dumping duties on imports of cement from Vietnam. Việt Nam News has reported that the commission withdrew the recommendation after the Philippine government's Department of Trade and Industry ruled that imports from Vietnam do not have a harmful impact on the domestic cement industry.

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