DTI to probe impact of increased cement importation

Imported Cement News

DTI to probe impact of increased cement importation
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The Department of Trade and Industry said it will launch a probe "to determine whether increased imports of cement is causing or threatening to cause serious injury to the domestic industry."In a notice issued on October 28, Trade Secretary Ma. Cristina Roque said this is pursuant to Section 6 of Republic Act No.

The share of domestic cement was also observed to decline from 78% in 2019 to 68% in 2023 and 66% in January to June 2024.Moreover, the local cement sector’s operating profit saw a significant decline in 2022 by 69% and it further dropped by 137% to an operating loss in 2023.

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