Cement News tagged: Trading
Pakistan records 4% drop in cement exports
In the first four months of FY14/15, Pakistan’s cement producers and exporters exported 3.116Mt of cement, down 3.8 per cent YoY. The total value of the shipments fell by three per cent from US$189.77m to US$184m. While volumes were down the average export price of cement rose by 0.58 per cent to US$58.57/t in 4MFY14/15 from US$59.04/t in 4MFY13/14, according to Pakistan’s Federal Bureau of...
Russian cement trade January-September 2014
According to the Federal Customs Service (FCS), Russia exported over 2Mt of cement worth US$155m in the first three quarters of 2014. Ukraine was the leader by shipments, with its share totalling 35 per cent. Kazakhstan's share reached 32 per cent and Belarus imported 21 per cent. Meanwhile, over 3.793Mt of cement were imported into Russia between January-September 2014. Belarus was the lead...
Cemex reaches agreement regarding Alcanar, Spain
Cemex has reached an agreement with the Santi Vila authorities to keep running its Alcanar works in Tarragona, Spain. In return the Generalitat commits to dredge the port of Barcelona so large vessels can moor and as such, enable Cemex to export to new markets such as the US. The dredging operation will cost EUR4.5m and will be completed before the summer. In September, Alcanar will recei...
Taiwan Cement further hikes price in China
Taiwan Cement announced a further rise in cement prices in China’s Guandong province due to the increasing demand in the domestic market. The price hike follows an earlier increase in August . The company hiked prices in the country’s key market by CNY20 (US$3.26)/t. High-grade cement now costs CNY340/t, up from CNY320/t. Taiwan Cement said demand in the Pearl River Delta area expanded...
Wärtsilä wins first bulk carrier order for its new engine
A new cement carrier being built at the Scheepswerf Ferus Smit yard in the Netherlands will feature a six-cylinder Wärtsilä 34DF main engine, making it the first bulk carrier to adopt Wärtsilä’s multi-fuel capability. The ship has been ordered by JT Cement, a joint venture between Erik Thun AB of Sweden and KG Jebsen Cement of Norway. In addition to the main engine, Wärtsilä will also supply...
Vissai Ninh Binh Group exports 1.5Mt of clinker to France
Ciment de Bourbon has drawn up a contract with cement producer Vissai Ninh Binh Group, a private Vietnamese group, to receive 1.5Mt of clinker to facilitate the construction of to an expressway project on Réunion. The clinker will be shipped at a price of US$42/t under the contract that will be effective for five years, said Nguyen Tien Dat, Vissai Ninh Binh's deputy director. The Vietnames...
India: CMA seeks fairer taxes for cement
The Indian Cement Manufacturers Association (CMA) has requested in its pre-budget memorandum 2014-15 that cement be stipulated as 'Declared Goods', so that it is put on an equal footing with other core sector goods like coal and steel in terms of taxation. At present, while the cement industry in India is one of the country's basic and core infrastructure industries, cement is subject to high...
Vessel with clinker imports sinks in Bangladesh
A light local vessel, MV Brishti, laden with 9500t of clinker imports capsized in the Bay of Bengal near Patenga beach in Chittagong, Bangladesh following a collision with the sunken ship MV Rita on 12 June. The clinker was imported by local cement company Diamond Cement for use in its production plant and was heading to Diamond's private jetty on the Karnaphuli river after unloading from the ...
Eurocement-Ukraine shipments up 10.7%
Despite the difficult circumstances in the Ukraine, Eurocement-Ukraine shipped 73,767t of cement to its customers in January and February 2014, a 10.7 per cent increase on the results for the equivalent period last year (7137t). CEM I 42.5N and CEM II/A-S 32.5R cement types were the most in demand and are widely used in the construction of residential housing and commercial buildings, as well...
Russian imports from Belarus increase by 85% in 1H14
In 1H14 Belarusian cement producers increased their supplies to Russia by 85.6 per cent YoY, reports BelTA. Quoting CMPRO data BelTA states that in January-March 2014 Belarus shipped 278,000t of cement to the Russian market. Russia also buys cement from the Baltic states, Iran, Sweden and Turkey. In January-March 2014 Russia imported 744,000t of cement, ie 3.1 per cent down from the same pe...
Al Jouf signs clinker supply agreement with Jordanian producer
Saudi cement producer and trader Al Jouf Cement said in a bourse statement that it has signed a SAR28m (US$7.5m) agreement with Jordan-based Al Rajhi Cement, under which the latter will supply clinker to Al Jouf Cement.
Pakistan: cement exports drop
Pakistani cement exports to Afghanistan dropped to 202,000t in January 2014, the lowest monthly level since July 2013 when they reached 441,412t. Previous data by the All Pakistan Cement Manufacturers' Association (APCMA) shows that in September 2013, exports rose to 426,804t before falling to 287,598t in November and then increasing again in December to 314,329t The decline in exports ...
Israel release 1000t of cement into Gaza
The Gaza Strip will receive 1000t of cement from Israel to help it recover from the last storm, the Palestinian Authority civil affairs minister said. Hussein al-Sheikh told Ma’an that 25 truck loads totalling about 1000t of cement will enter Gaza starting Sunday and Monday. Al-Sheikh said he instructed the coordination committee in Gaza to start unloading the trucks to help those affected ...
Bangladesh: 1HFY13-14 cement exports fall
The Bangladesh cement industry saw its exports dip 6.64 per cent from July to December 2013. According to the Bangladesh Export Promotion Bureau, the sector exported US$2.53m of cement, down from US$2.71m during the equivalent period in 2012. The retreat of exports has been atrributed to political unrest and poor handling of clinker and other raw materials in Chittagong Port in recent month...
South Indian cement makers start exports to Myanmar
It has been locally reported that Chettinad Cements, The India Cements, Dalmia Cements and Ramco Cements have started shipping cement to Myanmar in the past few months. Depressed market conditions for the second year running have forced cement makers in south India to look at different export markets. "We started shipments to Myanmar last month of about 10,000 to 12,000t. It is not very...
Pakistani cement exports to India down 11%
Pakistan’s cement exports to India posted a fall of 11 per cent during Jul-Nov of this fiscal year compared to the same period last fiscal year, according to the Pakistani Business Recorder. Industry sources said non-tariff barriers are hampering cement export to India, which fell from 183,400t to 163,500t over the five months. Pakistan’s overall cement exports fell by three per cent to 3....