Cement News tagged: Trading
US cement shipments slip
Data just released by the US Geological Survey shows that total shipments of Portland and blended cement in the US and Puerto Rico fell by three per cent in March 2013, compared to the same period in 2012. Around 5.8Mt of cement was shipped during the month of March with shipments for the year so far up slightly at 15.4Mt. The leading US cement-producing states for March were Texas, Californ...
Nepal: cement makers not getting NS mark ‘will face sales ban’
Nepal Bureau of Standards and Metrology (NBSM) has warned that it will prohibit cement factories from selling their products if they fail to obtain the Nepal Standard (NS) certification by mid-June. “More than 90% of the cement companies are expected to obtain NS certification by mid-June,” said NBSM Director General Ram Adhar Sah at an interaction here on Sunday. “Those failing to do so will...
Iran plans 18.5Mta of cement exports
Iran plans to export 18.5Mt of cement in the current Iranian calendar year, which began on 21 March, Mehdi Ghazanfari, the Iranian deputy industry, mines and trade minister, said. The exports are projected to increase 4.9Mt compared to the year before. If Iran does export 18-20Mt of cement in 2013, it will rank in third place after China and India. The Middle East country currently exports c...
Armenian cement exports to Georgia double
Exports of cement from Armenia to Georgia have doubled in the first three months of the year compared to the same period of 2012. Armenpress reported that exports reached 36,568t, citing data from the government's State Revenue Committee. According to the government department, Georgia was the only recipient of Armenian exports during the first quarter of 2013. During the same period of las...
DTI requests further information on Philippine pricing
Philippine cement producers have until next week to provide the Department of Trade and Industry (DTI) with further information explaining reasons behind their higher selling prices. Last month the DTI asked Holcim Philippines, Lafarge Republic Inc, Cemex Philippines and Eagle Cement Corp to explain why cement is being sold above the recommended retail price of PHP205-PHP210/bag. Trade u...
Thatta Cement to construct grinding plant in Sri Lanka
Pakistan-based Thatta Cement Company Limited (TCCL) has signed an agreement with Sri Lanka Ports Authority (SLPA) for the construction of a grinding plant as well as a storage and bagging facility. The SLPA had signed a preliminary agreement with Thatta Cement back in January 2012 and now a formal agreement with the Sri Lankan government has been signed for the implementation of the project...
India: cement industry worried over move on freight tariff
The Indian cement sector has expressed concern about the Railway Ministry’s proposal to pass on the rising costs of fuel on to the freight tariff. Apart from the potential to drive up freight costs, industry representatives were worried about the “uncertainty” this would introduce into the freight cost. N Srinivasan, vice-chairman and managing director of India Cements, said the move “leaves ...
Tanzanian government accepts cement imports
Tanzania's government has said that it could not put trade barriers on imported cement as requested by domestic cement companies, because local production is still insufficient. Tanzania's Minister for Industry, Trade and Marketing, Dr Abdallah Kigoda said despite the expected progress from cement industries, the government will still allow cement imports until local producers meet domestic ...
November 2012 sees eight per cent rise in US cement shipments
Total shipments for Portland and blended cement in the US and Puerto Rico reached 6.6Mt in November 2012, representing an increase of nearly eight per cent, according to the latest figures from the US Geological Survey (USGS). The leading consuming states (Texas, California, Florida, Ohio and Illinois, in descending order) received about 37 per cent of the November total shipments). The...
Caribbean: cement price increase 'difficult to accept'
The 9.5 per cent cement price hike announced at the start of this year by Trinidad Cement Ltd, will be 'difficult to accept,' according to the former president of the Contractors Association of Trinidad and Tobago. Following the hike, a 42.5kg bag of cement now cost approximately TTD55 (US$8.60). “Anytime cement prices goes up, it is difficult to accept. When you are talking about a 9.5 p...
Liberia: implications of rice, cement tariff reduction
On 4th January 2013, Ellen Johnson Sirleaf, president, issued executive orders Nos 45 and 46 with immediate effect suspending tariffs on rice and cement. The intention is to ensure a simultaneous reduction in the market price of rice and cement. In the interest of national reconstruction and development the government decided to re-instituting the suspension of the protective tariff on ceme...
Tanzania: request to protect local cement firms declined
The Tanzanian government has again rejected local cement producers' pleas for an increase in the common external tariff on cement imports. Instead, the cement companies have been asked to calculate their genuine production costs so that the government can help them compete fairly with their foreign counterparts. The Minister for Trade and Industry, Dr Abdallah Kigoda, said in Dar es Salaam t...
INC call for tougher cement import controls in Paraguay
Paraguay’s Industria Nacional de Cemento (INC) has called upon the Ministry of Industry and Commerce (MIC) to require precertification of the quality of imported cement. The company said the large inflows of imported cement are damaging its sales on the domestic market. INC head Carlos Krüssel said that the cement producer had already asked the National Customs Directorate (DNA) for more co...
India: cement firms hit by high coal prices
Input cost pressures for cement manufacturers have lately been rising due to international coal prices gaining 4% MoM in December, 2012 to average US$90.8/t in the first week of December coupled with 0.6% rupee depreciation against the dollar during the same period, says a Shajar Capital research note. As of 30 November 2012, Richards Bay Coal (FOB) stood at Us$89.8/t while Newcastle stood at ...
Pakistan cement shows a growth of 3.43% in 5MFY 2013
Pakistan cement manufacturers and exporters during 5MFY 2013 showed a growth of 3.43% to raise total cement dispatches to 13.127Mt from 12.691Mt during the corresponding period of last year. The breakdown showed that local dispatches increased to 6.78% (9.484Mt), but exports declined by 4.38% (3.642Mt). However, in November alone, Pakistan's cement industry showed a growth of 17.47% on a YoY...
India imposes export barrier for Pakistani cement
India has made cement exports subject to a performance bank guarantee of US$10,000 to be supplied by exporters. In a letter issued by the Bureau of Indian Standards (BIS) to all foreign cement manufacturers, said cement exporters would have to submit this guarantee to qualify for exporting cement to the country. The move has not been welcomed in Pakistan which sees it as another nontarif...