Live Breaking News & Updates on Uot Dizon Said While He Admitted That Republic Cement 39s Profit Position Slightly Improved Between 2017 To 2020

(File photo) MANILA - The local cement manufacturing industry finds a common voice in Republic Cement against complaints of unabated cement dumping from Vietnam. Republic Cement decried how continued dumping of cement imports from Vietnam has resulted in material injury to the domestic manufacturers. In his testimony before the Tariff Commission on June 3, Reinier Dizon, vice president for Strategy & Business Development of Republic Cement said his company's volume of sales as well as pricing have been severely affected by cement imports from Vietnam. The commission is on its second day of public hearing on the plea of local cement manufacturers to impose definitive anti-dumping measures against Type 1 and Type 1P cement imported from Vietnam. Dizon said the negative effect on Republic Cement of cement imports from Vietnam is supported by the confidential data on its sales volume submitted to the commission for its appreciation. "Pricing is a function of demand and supply ....

Republic Of , Cirilo Pestano , Ignacio Alejandro Mijares , Reinier Dizon , Cemex Holdings Philippines , Manufacturer Association Of The Philippines Ce , Eagle Cement Corporation , Tariff Commission On , Strategy Business Development Of Republic , Northern Cement Corporation , Community Quarantine , Republic Cement , Tariff Commission , Business Development , Enhanced Community Quarantine , Cement Manufacturer , Alejandro Mijares , Director Cirilo Pestano , Ile Photo Manila The Local Cement Manufacturing Industry Findsa Common Voice In Republic Against Complaints Of Unabated Dumping From Vietnam Decried How Continued Imports Has Resulted Material Injury To Domestic Manufacturers His Testimony Before Tariff Commission On June 3 , Reinier Dizon , Ice President For Strategy Amp Business Development Of Republic Cement Said His Company 39s Volume Sales As Well Pricing Have Been Severely Affected By Imports From Vietnam The Commission Is On Its Second Day Public Hearing Plea Local Manufacturers To Impose Definitive Anti Dumping Measures Against Type 1 And 1p Imported Dizon Negative Effect Supported Confidential Data Submitted Appreciation Quot Isa Function Demand Supply But Our Has At Dumped Prices Across Country , Uot Dizon Added He Said While The Cost Of Energy Mainly From Coal And Other Fuels , Hich Make Up Around 70 Percent Of Republic Cement 39s Production Cost , S Continuously Rising , Hey Cannot Pass On The Cost To Consumers Because Of Stiff Challenge Coming From Dumped Cement Vietnam Quot Coal Prices Have Increased Astronomically But We 39 Re Losing Revenues Volumes , Uot Dizon Said While He Admitted That Republic Cement 39s Profit Position Slightly Improved Between 2017 To 2020 ,