Cement News tagged: Trading
Uruguay: Ancap to explore export potential
Uruguay’s Ancap Board of Directors has approved a memorandum of understanding with Cimsa to explore over the next 90 days the potential of an alliance that will help Ancap export cement. Ancap’s cement division suffered losses of US$30m in 2015 with a similar amount expected this year. While the company has reported losses for a considerable time, these have increased in recent years. The c...
Pakistan: cement industry export revenue falls in 4MFY16-17
Pakistan cement manufacturers earned revenues of US$28.3m on 543,674t of cement exports in October 2016, compared to US$24.52m on 476,170t of exports in the previous month. These figures represent a MoM rise in dollar value and volumes of 15.42t and 14.18 per cent, respectively. However, when compared with October 2015 (544,797t with a value of US$29.72m), volumes slipped by 4.78 per cent an...
HeidelbergCement merges HC Trading and Interbulk Trading
Following the acquisition of Italcementi by HeidelbergCement Group, HC Trading and Interbulk Trading have merged their operations into a new company with a total turnover of round US$1.4bn (based on 2015 trade volumes). The merger of HC Trading and Interbulk Trading under the entity of HC Trading BV will carry the group’s international trading activities, specialising in cement, clinker, co...
Fiji: Chinese clinker offloaded at Suva Port
Pacific Cement Ltd of Fiji is receiving a 22,000t shipment of imported Chinese clinker, according to Tomu Raturaga, boarding officer at Carpenters Shipping. The cargo is reportedly offloading from the vessel Mount Adams at Suva Port and will be destined for the cement producer’s 0.2Mta grinding plant in Lami. Pacific Cement Ltd, formerly known as Fiji Industries, is one of two cement pr...
USA: Portland and blended cement shipments in August rise by 3.1%
Total shipments of Portland and blended cement in the United States and Puerto Rico in August 2016 were 9.4Mt, up by 3.1 per cent from sales in August 2015. The leading producing states for Portland and blended cement in August 2016 were Missouri, Texas, California, Florida and Michigan, in descending order, and these accounted for about 42 per cent of the national total. The leading ce...
Algeria: building material imports fall in 9M16
Building material imports (cement, iron and steel, wood and ceramic products) stood at US$1.61bn over the first nine months of 2016, against US$1.95bn in the same period in 2015, down -17.65 per cent, the Customs told Algerie Press Service. Imported quantities shrunk to 7.95Mt against 8.14Mt , down -2.4 per cent, according to the Customs' National Centre for Data Processing and Statistics (...
USA: preliminary August cement shipments total 9.41Mt
Preliminary data from the US Geological Survey (USGS) for US shipments of cement in August 2016 estimate that Portland and blended cement totalled 9.41Mt in the month. This is up on July’s cement shipments of Portland and blended cements which reached 7.14Mt. For YTD, end-August, US shipments of cement totalled 61.4Mt. The Mountain and Pacific district had the highest cement produced with1.91...
Angola: Cimangola to cease clinker imports
Nova Cimangola announced that it will stop importing clinker and instead use domestic resources. The company has identified a raw material deposit near Luanda, where its plant is located. According to Manuel Pacavira Júnior, Nova Cimangola administrator, the company will save approximately US$50m a year.
Ghana: Union calls on Government to protect local cement industry
Dr Ekwow Spio Garbrah, Ghana's Trade and Industry Minister, is being encouraged by the Industrial and Commercial Workers’ Union (ICU) Ghana to take immediate action to defend the local cement industry. Solomon Kotei, the general secretary of the union, called on the government to immediately "as per Legislative Instrument 2240, put a regulation on quotas and sign and clear the license appr...
Uruguay: ANCAP official speaks out about Turkish imports
Artigas González of the Federación ANCAP (FANCAP) and member of the Portland commission of the ANCAP workers guild, said Cementos Charrúa (Cimsa) is currently importing bagged cement from Turkey and repackaging it under a Uruguayan brand for marketing, according to El Observador. "It comes in the form of dumping (below its cost of production) and at a price that is unfair competition," he sai...
Myanmar: traders seek to import cement in northern state
A large number of traders are seeking to import cement through border trade in Myitgyina, the capital of Myanmar’s Kachin state. Over 3500t of cement have been permitted for import from China in the current fiscal year, according to an official at the Myitgyina Import and Export Office.
Azerbaijan: custom duty on cement increases
Imported cement into Azerbaijan is subject to a higher customs duty as of 3 November. The Cabinet of Ministers announced that the new duties will be valid for two years. According to the amendment, customs duty has been set at US$0.07 for 1kg of Portland cement, aluminous cement, slag cement, superphosphate cement and analogical hydraulic cements, coloured or uncoloured cement, finished or ...
Algeria’s plan to cease imports from 2017 to affect Tunisian cement industry
Ibrahim Chbili, Director General of Manufacturing Industry of Tunisia’s Ministry of Industry, has said that the decision made by Algeria to cease importing cement by 2017 and become self-sufficient in its supply is expected to affect the Tunisian cement industry. At present Algeria buys around 95 per cent of Tunisian cement exports, which reached 1.8Mt in 2015 before registering a drop to 1...
Pakistan: export revenues fall in 1QFY16-17
Despite growth in export to neighbouring countries, the export revenue of Pakistan's cement industry did not increase, due to overall weak demand from overseas markets. Pakistan cement manufacturers earned export revenues of US$24.52m on the export of 476,170t of cement during the month of September 2016 compared to US$30.04m on 573,395t in previous month. This translates to exports fall...
Algeria sees 15% drop in cement imports
Cement imports into Algeria have seen their value decrease by 25.3 per cent from US$328.95m to US$245.62m in the first eight months of 2016, according to the Algerian Customs Department. In terms of volumes, imports saw a 15.5 per cent decrease from 4.5Mt to 3.8Mt. The average price of cement imports into Algeria has fallen by around 24 per cent in the first seven months of 2016 when compar...
Vietnam cement exports fall 17.2% YoY in 9M16
In September Vietnam’s clinker and cement exports fell 0.3 per cent to 1.15Mt when compared with August but climbed 3.5 per cent to US$48.16m, according the Vietnamese Ministry of Industry and Trade. Vietnam exported 11.28Mt of cement and clinker in the first nine months of 2016, which represents a 6.6 per cent fall when compared with the same period the previous year. Total value of the exp...