Modifying the Rates of Import Duty on Certain Iron and Steel Products Under P.D. No. 1464 as Amended

October 22, 2004 EXECUTIVE ORDER NO. 375 MODIFYING THE RATES OF IMPORT DUTY ON CERTAIN IRON AND STEEL PRODUCTS UNDER SECTION 104 OF THE TARIFF AND CUSTOMS C OD E OF 1978 (PRESIDENTIAL DECREE NO. 1 46 4), AS AMENDED WHEREAS, Republic Act No. 7103 (s. 1991), otherwise known as the "Iron and Steel Industry Act", aims to promote Philippine industrialization through the immediate establishment of an integrated iron and steel industry that makes full and efficient use of the country's human and natural resources taking into consideration its critical impact on employment, indigenous resource utilization, and foreign exchange and balance of payments position; WHEREAS, the Iron and Steel Act further provides that the government shall provide impetus to the growth, promotion and development of the iron and steel industry as the springboard and basis for launching Philippine industrialization; cADTSH WHEREAS, the government recognizes the need to provide an enabling environment for the local iron and steel industry to attain international competitiveness; WHEREAS, Section 401 of the Tariff and Customs Code of 1978 (Presidential Decree No. 1464), as amended, empowers the President of the Republic of the Philippines to increase, reduce or remove existing rates of import duty, as well as to modify the form of duty and the tariff nomenclature, under Section 104 of the Code; NOW, THEREFORE, I, GLORIA MACAPAGAL-ARROYO, President of the Republic of the Philippines, by virtue of the powers vested in me by law, do hereby order: SECTION 1. The articles specifically listed in Annex "A" hereof, as classified under Section 104 of the Tariff and Customs Code of 1978, as amended, shall be subject to the Most-Favoured-Nation (MFN) import duty for the period in accordance with the schedule indicated opposite each article. SECTION 2. The nomenclature and the rates of import duty on tariff headings not enumerated and those listed but represented by the symbol "x x x" shall remain in force and in effect. SECTION 3. Upon the effectivity of this Executive Order, all articles listed in Annex "A" hereof which are entered or withdrawn from warehouses in the Philippines for consumption shall be levied the MFN rates of duty therein prescribed. SECTION 4. The Department of Trade and Industry, in coordination with the National Economic and Development Authority, the Department of Finance, the Tariff Commission and the Bureau of Customs, shall promulgate the implementing rules and regulations that will govern the implementation of this Executive Order. SECTION 5. All Presidential issuances, administrative rules and regulations, or parts thereof, which are contrary to or inconsistent with this Executive Order are hereby revoked or modified accordingly. DTcASE SECTION 6. This Executive Order shall take effect immediately following its complete publication in two (2) newspapers of general circulation in the Philippines. DONE in the City of Manila this 22nd day of October, in the year of Our Lord, Two Thousand and Four. ANNEX A Hdg. Tariff Code Description MFN Rate of Duty (%) 72.08 Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hot-rolled, not clad, plated or coated. 7208.10 - In coils, not further worked than hot-rolled, with patterns in relief: 7208.10.10 - - Of a thickness of 10 mm or more but not 3* exceeding 125 mm; of a thickness of less than 3 mm and containing by weight less than 0.6% of carbon 7208.10.20 - - Of a thickness of 3 mm or more but less 3* than 4.75 mm, and containing by weight less than 0.6% of carbon; of a thickness of less than 3 mm and containing by weight 0.6% or more of carbon 7208.10.30 - Of a thickness of 3 mm or more but less 3* than 4.75 mm, and containing by weight 0.6% or more of carbon 7208.10.90 - - Other 3* - Other, in coils, not further worked than hot-rolled, pickled: 7208.25 - - Of a thickness of 4.75 mm or more: 7208.25.10 - - - Coils for re-rolling 3* - - - Other: 7208.25.91 - - - - Non alloy steel plates and sheets 3* containing by weight less than 0.6% of carbon 7208.25.99 - Other 3* 7208.26 - - Of a thickness of 3 mm or more but less than 4.75 mm: 7208.26.10 - - - Steel plates and sheets containing by 3* weight less than 0.6% of carbon 7208.26.90 - - - Other 3* 7208.27 - - Of a thickness of less than 3 mm: - - - Of a thickness of less than 1.5 mm: 7208.27.11 - - - - Steel plates and sheets containing by 3* weight 0.6 % or more of carbon 7208.27.19 - - - - Other 3* - - - Other: 7208.27.91 - - - - Steel plates and sheets containing by 3* weight 0.6% or more of carbon 7208.27.99 - - - Other 3* - Other, in coils, not further worked than hot-rolled: 7208.36.00 - - Of a thickness exceeding 10 mm 3* 7208.37 - - Of a thickness of 4.75 mm or more but not exceeding 10 mm: 7208.37.10 - - - Steel plates and sheets containing by 3* weight less than 0.6% of carbon 7208.37.90 - - - Other 3* 7208.38 - - Of a thickness of 3 mm or more but less than 4.75 mm: 7208.38.10 - - - Steel plates and sheets containing by 3* weight less than 0.6% of carbon 7208.38.90 - - - Other 3* 7208.39 - - Of a thickness of less than 3 mm: - - - Of a thickness of less than 1.5 mm: 7208.39.11 - - - Steel plates and sheets containing by 3* weight 0.6% or more of carbon 7208.39.19 - - - - Other 3* 7208.39.90 - - - Other 3* 7208.40.00 - Not in coils, not further worked than 3* hot-rolled, with patterns in relief - Other, not in coils, not further worked than hot-rolled: 7208.51.00 - - Of a thickness exceeding 10 mm 3* 7208.52.00 - - Of a thickness of 4.75 mm or more but 3* not exceeding 10 mm 7208.53.00 - - Of a thickness of 3 mm or more but less 3* than 4.75 mm 7208.54.00 - - Of a thickness of less than 3 mm 3* 7208.90 - Other: 7208.90.10 - - Of a thickness of 10 mm or more but not 3* exceeding 125 mm; of a thickness of less than 3 mm and containing by weight less than 0.6% of carbon 7208.90.20 - - Of a thickness of 3 mm or more but less 3* than 4.75 mm and containing by weight less than 0.6% of carbon; of a thickness of less than 3 mm and containing by weight 0.6% or more of carbon 7208.90.30 - - Of a thickness of 3 mm or more but less 3* than 4.75 mm and containing by weight 0.6% or more of carbon 7208.90.90 - - Other 3* 72.09 Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, cold-rolled (cold-reduced), not clad, plated or coated. - In coils, not further worked than cold-rolled (cold-reduced): 7209.15.00 - - Of a thickness of 3 mm or more 3* 7209.16.00 - - Of a thickness exceeding 1 mm but less 3* than 3 mm 7209.17.00 - - Of a thickness of 0.5 mm or more but not 3* exceeding 1 mm 7209.18 - - Of a thickness of less than 0.5 mm: 7209.18.10 - - - x x x 7209.18.90 - - - Other 3* - Not in coils, not further worked than cold-rolled (cold-reduced): 7209.25.00 - - Of a thickness of 3 mm or more 3* 7209.26.00 - - Of a thickness exceeding 1 mm but less 3* than 3 mm 7209.27.00 - - Of a thickness of 0.5 mm or more but not 3* exceeding 1 mm 7209.28.00 - - Of a thickness of less than 0.5 mm 3* 7209.90.00 - Other 3* 72.11 Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, not clad, plated or coated. - Not further worked than hot-rolled: 7211.13 - - Rolled on four faces or in a closed box pass, of a width exceeding 150 mm and a thickness of not less than 4 mm, not in coils and without patterns in relief: - - - Containing by weight 0.6% or more of carbon: 7211.13.11 - - - - Universal plates 3* 7211.13.12 - - - - Hoop and strip 3* 7211.13.19 - - - - Other 3* - - - Other: 7211.13.91 - - - - Universal plates 3* 7211.13.92 - - - - Corrugated 3* 7211.13.93 - - - - Hoop and strip 3* 7211.13.99 - - - - Other 3* 7211.14 - - Other, of a thickness of 4.75 mm or more: - - - Containing by weight 0.6% or more of carbon: 7211.14.11 - - - - Universal plates 3* 7211.14.12 - - - - Hoop and strip 3* 7211.14.19 - - - - Other 3* - - - Other: 7211.14.91 - - - - Universal plates 3* 7211.14.92 - - - - Coils for re-rolling 3* 7211.14.93 - - - - Corrugated 3* 7211.14.94 - - - - Other, hoop and strip 3* 7211.14.99 - - - - Other 3* 7211.19 - - Other: - - - Containing by weight 0.6% or more of carbon: 7211.19.11 - - - - Tape and band exceeding 25 mm but 3* not exceeding 100 mm in width 7211.19.12 - - - - Other, hoop and strip 3* 7211.19.19 - - - - Other 3* - - - Other: 7211.19.91 - - - - Tape and band exceeding 100 mm in 3* width 7211.19.92 - - - - Coils for re-rolling 3* 7211.19.93 - - - Corrugated 3* 7211.19.94 - - - - Other, hoop and strip 3* 7211.19.99 - - - - Other 3* - Not further worked than cold-rolled (cold-reduced): 7211.23 - - Containing by weight less than 0.25% of carbon: 7211.23.10 - - - Corrugated 3* 7211.23.20 - - - Tape and band exceeding 25 mm but 3* not exceeding 100 mm in width 7211.23.30 - - - Other, hoop and strip, not exceeding 3* 400 mm in width 7211.23.40 - - - Other, hoop and strip, exceeding 3* 400 mm in width 7211.23.50 - - - Other, of a thickness more than 40 mm 3* - - - Other: 7211.23.91 - - - - Of a thickness of 0.170 mm or less 3* 7211.23.99 - - - - Other 3* 7211.29 - - Other: - - - Containing by weight 0.25% or more but less than 0.6% of carbon: 7211.29.11 - - - - Corrugated 3* 7211.29.12 - - - - Tape and band exceeding 25 mm but 3* not exceeding 100 mm in width 7211.29.13 - - - - Other, hoop and strip, not exceeding 3* 400 mm in width 7211.29.14 - - - - Other, hoop and strip, exceeding 3* 400 mm in width 7211.29.15 - - - - Other, of a thickness of 0.170 mm or 3* less 7211.29.19 - - - - Other 3* - - - Containing by weight 0.6% or more of carbon: 7211.29.21 - - - - Tape and band exceeding 25 mm but 3* not exceeding 100 mm in width 7211.29.22 - - - - Other, hoop and strip, not exceeding 3* 400 mm in width 7211.29.23 - - - - Other, hoop and strip, exceeding 3* 400 mm in width 7211.29.29 - - - - Other 3* 7211.90 - Other: - - Containing by weight 0.6% or more of carbon: 7211.90.11 - - - Tape and band exceeding 25 mm but 3* not exceeding 100 mm in width 7211.90.12 - - - Other, hoop and strip, not exceeding 3* 400 mm in width 7211.90.13 - - - Other, hoop and strip, exceeding 3* 400 mm in width 7211.90.19 - - - Other 3* - - Other: 7211.90.91 - - - Corrugated 3* 7211.90.92 - - - Tape and band exceeding 25 mm but 3* not exceeding 100 mm in width 7211.90.93 - - Other, hoop and strip, not exceeding 3* 400 mm in width 7211.90.94 - - - Other, hoop and strip, exceeding 3* 400 mm in width 7211.90.95 - - - Other, of a thickness of 0.170 mm or 3* less 7211.90.99 - - - Other 3* * To be increased to 7% once Global Steelworks International Inc. is in commercial operation as determined by the TRM Committee. Published in The Manila Times on November 6, 2004 .