Philstar
Government urged to raise safeguard duty on cement imports
Cement manufacturers in the Philippines, represented by CeMAP, are advocating for a P600 per metric ton safeguard duty on imported cement.
This call is directed towards the Department of Trade and Industry (DTI), with CeMAP's executive director Renato Baja stating that the P600 amount considers the injury to the domestic industry.
CeMAP argues this proposed duty is necessary to create a level playing field in pricing, comparing the landed cost of imported cement with the factory gate price of local products.
The group also highlighted that foreign cement suppliers, particularly from Vietnam, benefit from subsidies, allowing them to sell at lower prices.
Baja further emphasized the urgent need for this safeguard measure as cement demand is expected to slow due to potential project delays amid the flood control controversy.
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