Negosyante News

February 20, 2025 3:39 am

Cement Importers Warn Against New Restrictions, Deny Surge in Imports

A group of cement importers is urging the Department of Trade and Industry (DTI) to reconsider imposing additional restrictions on cement imports, arguing that such measures would lead to higher prices and that an investigation into import volumes is unnecessary and counterproductive.

In a position paper, cement traders—including Cohaco, Fortem, NGC, Pabaza, and Philcement—stated that import volumes have remained steady, with past increases driven by post-pandemic demand rather than an uncontrolled surge.

DTI Investigation and Industry Concerns

The DTI launched a preliminary probe into cement imports from 2019 to 2024 under the Safeguard Measures Act, citing a rise in import shares from 30% in 2019 to 51% in mid-2024.

However, importers argue that increased imports were necessary due to declining domestic production, not an attempt to flood the market. Meanwhile, local cement manufacturers and the Federation of Philippine Industries (FPI) support the probe, citing the need to protect the domestic cement sector.

As the debate continues, the impact of potential trade restrictions on cement prices and supply remains a key concern for both the industry and consumers.

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