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Philippines lifts import tariff on tin mill black plate-Plate Metal Exhibition-THE 26th CHINA(GUANGZHOU) INTERNATIONAL PLATE METAL, BAR,WIRE,METAL PROCESSING & SETTING EQUIPMENT EXHIBITION
11/13/2025 金属板材展-线材展-金属加工展-plate metal expo-wire expo |
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The Philippine government has officially eliminated import duties on tin mill black plate from all countries, aimingto lower production costs for local food processors and ensure suficient raw material supply for manufacturersrelying on the steel sheet base.
The measure reduces the import tariff on tin mil black plate (TMBP) - a key raw material for manufacturing tin-plated steel used in canned goods - from three percent to zero for a period of three years. The decision followsrecommendations from the National Economic and Development Authority and the Tariff Commission, whichconcluded that the cut would boost competitiveness and consumer affordability.
The office of the president emphasized that maintaining a stable and affordable supply of tin mill black plate isessential to food security and industrial recovery. By reducing costs for canning and packaging manufacturersthe administration aims to prevent further price increases in essential goods, while helping local industriesaffected by global steel volatility.
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