Peru: Cemex and Comacsa battle over white cement dumping
White cement is the centre of a battle in Peru between Cemex and Peru’s own Comacsa. The at-port price established by the Indecopi entity for Tolteca, the brand Cemex has been importing into Peru, is US$94.11/t but the Mexican market price is US$300/t. The local firm took its grievances to the national commission in 2006 due to fears it would not prove successful but in 2007 an anti-dumping price of US$63/t was brought in. Cemex appealed, only for the local firm to win again, securing a definitive price of US$62. Indecopi then changed its mind and a four-year process (thus far) was started, featuring two investigations that have sided with Comacsa. The firm suggests that imports of white cement have increased significantly at a dumping margin of 142% since then.
Published under Cement News
