Local manufacturers said the imposition of anti-dumping duty against two types of cement from Vietnam shows that the government supports the development of the domestic cement manufacturing industry.
“With this boost received from [Department of Trade and Industry] DTI, the domestic industry is very much reassured of the partnering and unwavering support from the Philippine government in upholding fair competition in the market,” Cement Manufacturers Association of the Philippines said in a statement on Friday.
Local cement manufacturers said with this “boost” from DTI, the domestic industry is “very much reassured” of the “unwavering support” from the Philippine government in upholding fair competition in the market. Based on DTI-DAO 22-17 signed by Trade Secretary Alfredo E. Pascual, the anti-dumping duties for Type 1 cement for Vietnamese exporters range from $1.61 per metric ton to $10.29 per MT or 3.9 percent to 27.64 percent of export price.
According to its estimates presented during the Tariff Commission’s Public Hearing on Anti-Dumping, the group said domestic cement capacity stands at around 46 million metric tons vis-à-vis an apparent consumption reported by the TC of some 28.7 million metric tons for the year 2021.
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