LOCAL cement manufacturers said the Department of Trade and Industry’s (DTI) probe on the influx of foreign cement in the Philippine market is “very timely” as the current utilization rate in the local cement industry has already forced some plants to temporarily shut down.
LOCAL cement manufacturers said the Department of Trade and Industry’s probe on the influx of foreign cement in the Philippine market is “very timely” as the current utilization rate in the local cement industry has already forced some plants to temporarily shut down.
“This low utilization, while keeping most plants operational, results in reduced efficiency and consequently, higher production costs,” Baja told the BusinessMirror. The DTI safeguard measure case revealed that Vietnam accounted for the largest share of the country’s cement importation in 2024 , with 93-percent share. This was followed by Japan, with 5 percent; Indonesia, 2 percent and People’s Republic of China , close to zero percent.
Without such measures, the ongoing influx of foreign cement “poses significant risks to Filipino jobs, local businesses and the broader economy,” said the local cement makers.
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