Builders Against Protectionism

The Honduran construction union asked the government to eliminate the safeguards on imports of steel-based products, because they assure that these measures promote monopolistic practices.

Thursday, November 28, 2019

Directors of the Honduran Chamber of Construction Industry (Chico), indicated that the safeguard applied to steel sheets and rods are detrimental to the construction industry and this translates into an increase in prices.

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Silvio Larios, Chico's manager, told Laprensa.hn that "... safeguards are promoting monopolistic practices, generating scarcity and increased costs, but above all it affects competitiveness."

Larios asked the authorities "... clear rules for future safeguard processes that they want to carry out, as well as more transparent and inclusive processes, where they include the actors that are benefited as affected."

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More on this topic

Steel in Honduras: Opposition to Protectionism

February 2020

In response to the authorities' consultation on the request for a safeguard measure on the import of steel products, the builders are opposed on the grounds that this would make materials more expensive, in addition to making their production inefficient.

This is not the first time that builders are against this issue, since in November 2019, directors of the Honduran Chamber of the Construction Industry (Chico), requested the government to eliminate the safeguards on imports of steel-based products, since they claim that these measures promote monopolistic practices.

Controversy Over Steel Rod Import Tariff Continues

November 2018

In Costa Rica, importing companies are against the ArcelorMittal proposal, which consists of raising the steel rod income tax from 1% to 15%.

On November 5th, a public audience was held in which importing companies and ArcelorMittal presented their arguments before the Ministry of Economy, Industry and Commerce (MEIC) regarding the proposal to raise the import tariff on steel rod by 14%.

Honduras: Builders Ask for Cement Price Reduction

January 2015

The union argues that a reduction in the price of gray cement would help revive the depressed construction industry.

In an attempt to revive the construction sector, which fell by 8% in October 2014, the Honduran Chamber of the Construction Industry (Chico) has asked cement manufacturers for a review of prices.

Tariffs on Sheet Metal in Honduras

June 2013

Central American industrialists are requesting that the tariff on imports of the product be 0%, while a local company has requested that the fee be raised to 15%.

This happened in a meeting held by the Honduran Council of Private Enterprise (Cohep), which brought together about 22 representatives from companies engaged in the production, import and distribution of sheet metal.

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