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News dumping

Displaying items by tag: dumping

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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.”

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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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Philippine Tariff Commission orders new duties on imports of Vietnamese cement

14 October 2022

Philippines: The Tariff Commission (TC) has ordered that new duties be applied to imported Vietnamese cement for a five-year period up to 2027. The Department of Trade and Industry concluded a dumping investigation into Vietnamese cement exports to the Philippines in mid-October 2022, according to the Manila Bulletin newspaper. It found that imports of ordinary Portland cement (OPC) and blended cement from Vietnam were not injurious to the domestic cement sector at present. However, it also found the threat of material injury to be 'imminent.' This is due to Vietnam's 'substantial' cement overcapacity, which may enable it to rapidly increase its exports. The conclusion provided the basis for the TC's latest order.

Any new duty will replace provisional 2.7 - 32% duties introduced in December 2021. Previously, strong competition reportedly prevented the measures from causing price rises. Commentators now predict that the TC's proposed measures will result in a rise in prices.

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US Department of Commerce upholds anti-dumping duty on Japanese clinker

04 October 2022

US: The US Department of Commerce has concluded a review of anti-dumping duties of imports of grey cement and clinker from Japan. The review established that the duties are necessary to the prevention of cement and clinker dumping. The department launched its review in June 2022, in line with legal requirements. Japanese cement and clinker have been subject to anti-dumping duties in the US since 1991.

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Indonesia to demand compensation for any extension of Philippines cement tariff

10 June 2022

Indonesia: The Indonesia government says that it will ask for compensation if the Philippines Tariff Commission extends tariffs on cement. The Manila Bulletin newspaper has reported that the government suggested that the fellow Association of Southeast Asian Nations (ASEAN) member state should take more targeted measures against any country responsible for cement dumping, in line with the bloc’s rules.

In 2019 – 2021, Indonesia exported 532,000t of cement to the Philippines, constituting 2.7% of the country’s cement imports. Vietnam, meanwhile, exported 15.8Mt (80%).

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Department of Trade and Industry introduces temporary import duty on some Vietnamese cement

06 December 2021

Philippines: The Philippines Department of Trade and Industry has enacted a temporary duty on some imports of cement from Vietnam. The Manila Times newspaper has reported that the measure will be in force until April 2022 and only apply to ‘dumped’ cement. Importers will pay a duty of between US$1.02/t and US$10.50/t on ordinary Portland cement and between US$1.16/t and US$12.80/t on blended cement.

The measure follows a probe carried out on the basis of a petition by domestic cement producers APO Cement, Holcim Philippines, Republic Cement and Solid Cement. The probe found that the domestic cement industry had suffered a loss of market share and declining domestic sales between July 2019 and December 2020.

Trade Secretary Ramon Lopez said "We do not anticipate that these duties will result in an increase in the retail price of cement, because its effect on landed cost is minimal.” He added “Any price increases in imported cement will be discouraged by competition from domestic cement producers. The provisional anti-dumping duties will be imposed only on specific Vietnamese exporters found to be dumping cement to the Philippines. Vietnamese exporters who are not dumping can continue to export cement without having to post the provisional anti-dumping cash bond.”

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Ukraine introduces anti-dumping duties on cement from Turkey

15 September 2021

Ukraine: The Interdepartmental Commission on International Trade (ICIT) has introduced anti-dumping duties of 33 - 51% on cement imports from Turkey for five years. The rates are variable depending on the specific manufacturer and exporter, according to the Ukrainian News Agency. This follows an investigation that was launched in September 2020 following complaints by local producers including Buzzi-Unicem subsidiary Dyckerhoff, HeidelbergCement subsidiary Kryvyi Rih Cement and CRH subsidiary Podilsky Cement. ICIT concluded that there was the threat of causing ‘significant’ harm to local cement producers due to growing exports from Turkey, large amounts of idle production capacity in Turkey, lowered domestic consumption in Turkey and a pivot of Turkish manufacturers towards export markets.

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Georgian Cement Company warns of dumping by Iran and Turkey

30 June 2021

Georgia: Georgian Cement Company (GCC) has warned of cement dumping by Iran and Turkey. The subsidiary of LafargeHolcim is lobbying the government for protective legislation, according to Prime News. GCC operates a 0.3Mt/yr cement grinding plant at Poti. The country consumes 2.5Mt/yr and 1.5Mt/yr of this comprises imports. HeidelbergCement and Eurocement also operate plants locally.

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Republic Cement expects strong growth in the Philippines

30 April 2021

Philippines: Republic Cement has said that it expects the cement sector in the Philippines to grow strongly in 2021 following a 10% decline in demand in 2020. Speaking to local press, the company’s president and chief executive officer Nabil Francis said that the drop in demand in 2020 was actually less severe than the expected 15%. He added, “We strongly believe that we will get back to 2019 level in 2021. That means 12% growth compared to 2020.” Francis added that the industry is expected to sell 35Mt of cement during 2021. The main driver is the bagged cement segment, with infrastructure and the non-residential, likely to grow less rapidly.

Francis additionally said that he welcomed the Department of Trade and Industry’s investigation into alleged dumping of cement into the Philippines from Vietnam. He said that the imported cement is sold at very low prices, its production having been subsidised by the Vietnamese government. He said the influx of imported cement has injured the local industry.

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Vietnamese cement dumping reportedly continues in spite of safeguard duty in the Philippines

26 April 2021

Philippines: The Department of Trade and Industry (DTI) has launched a probe into the possible imposition of a new anti-dumping duty on imports of cement from Vietnam. The Philippine Star newspaper has reported that Vietnamese cement continues to enter the Philippine market at allegedly dumped prices despite the DTI’s safeguard measures on the product. The DTI is authorised to investigate where prices are believed to be harmful to the domestic industry. Cemex Philippines, Holcim Philippines and Republic Cement have applied for a probe.

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