Cement News tagged: Trading
Pakistan shows healthy dispatches in November 2020
Pakistan's cement industry dispatched 4.508Mt domestically and overseas in November 2020, recording a growth of 4.2 per cent on a YoY basis, according to the All Pakistan Cement Manufacturers Association (APCMA). Out of the total dispatches, the local share increased by 6.3 per cent to 3.742Mt from 3.521Mt in November 2019, while exports registered a reduction of five per cent to 766,2...
Cement export revenue falls during 5MFY20-21 in Bangladesh
Bangladesh's cement industry has earned export revenue of US$2.82m in the five-month period of July-November 2020 (5MFY20-21), compared to US$4.08m in the year-ago period, a fall of 30.9 per cent YoY. The figure also includes a minor amount of salt, stone and related products, according to the Bangladesh Export Promotion Bureau (EPB) data. The export value for cement decreased by ...
Cement imports pile up at Karachi Port
Cement is quickly building up at the entrance to Karachi Port, as many of the deep-draught berths at the port are currently occupied by wheat-importing vessels. Consequently, cement exporters are suffering huge financial losses from the costs incurred from detention, demurrage and delays to offloading their goods. In a letter to the maritime affairs minister, Power Cement CEO, Kashif Hab...
Turkish cement exports to Turkmenistan rise by 79% in 9M20
Cement exports from Turkey to Turkmenistan increased by 79.1 per cent from January through September 2020, compared to the same period in 2019, amounting to US$14.8m, the Turkish Trade Ministry reported. In September 2020 cement exports from Turkey to Turkmenistan fell by 1.6 per cent compared to September 2019 and amounted to US$1.4m. In the same month, Turkey exported US$344.6m worth ...
GICA to export clinker to Dominican Republic and Haiti
GICA will export 41,000t of clinker to the Dominican Republic and Haiti as it seeks new markets in Latin America, the company announced in a statement sent to EFE. It will also ship 60,000t of clinker to Côte d’Ivoire from the Hadjar Soud plant in Skikda. Since the start of 2020 close to 2Mt of clinker has been exported, including 300,000t to the Latin American market. In the last two ye...
Pakistan's exports surge in October
Pakistan’s cement industry earned a revenue of US$105.54m from exporting 3.23Mt of cement and clinker in the 4MFY20-21, compared with US$94.4m from 2.437Mt of exports in the year-ago period, according to the Federal Bureau of Statistics (FBS). The dispatches represent an 11.8 per cent YoY increase in dollar value terms and a 32.5 per cent growth in quantity. In October 2020 exports were up ...
Beni Saf starts clinker exports to Mauritania
GICA-owned Beni Saf Cement in Algeria started exports of clinker with a 13,000t shipment from the port of Ghazaouet to Mauritania on 18 November 2020. The company’s exports are in line with the government’s policy of promoting the country’s non-hydrocarbon exports. GICA has exported to Benin, Cameroon, Côte d’Ivoire, Gambia, Ghana, Guinea, Mauritania and Senegal.
PIBTL reports no congestion for coal imports
Pakistan International Bulk Terminal Ltd (PIBTL) has informed the government that its terminal at Port Qasim in Karachi is working smoothly without any congestion and delay in the handling of imported coal for cement and other industries. The terminal operator has refuted the claims of terminal users that may point to the opposite. Therefore, PIBTL has sought to clarify several misrepresenta...
APCMA appeals for expeditious handling of imported coal
Pakistan's cement manufacturers have appealed to the Prime Minister of Pakistan, Imran Khan, the Minister for Industries and Production, Hammad Azhar, and the Minister for Maritime Affairs, Ali Zaidi, to ensure the smooth expeditious handling of imported raw materials for cement and other industries at the country’s ports at competitive rates. The All Pakistan Cement Manufacturers Assoc...
Dangote allowed to resume overland exports
Nigeria’s government has allowed Dangote Cement to resume exports across the country’s land borders, reports Bloomberg. The step has raised expectations that the country may be opening up trade with its neighbours again. Land borders have been closed for over one year as authorities curbed smuggling and wanted to boost local production. While it encouraged the consumption of locally-grown pr...
Cem'In'EU speaks out on Carbon Border Adjustment Mechanism
Cem'In'EU, a French industrial start-up committed to produce a low-carbon cement, calls upon the European Commission to design a well-fitted Carbon Border Adjustment Mechanism (CBAM) that will not be distorted into a protectionist tool for highly-polluting industries. "During the ETS III, the cement industry has received a windfall profit EUR3.5bn, of which none have been invested to mod...
Pakistan records 33% growth in October cement dispatches
Pakistan's domestic and overseas cement dispatches figures for October 2020 are officially yet to be released by the All Pakistan Cement Manufacturer Association (APCMA), but Lucky Cement Ltd's CEO, Mohammad Ali Tabba, has estimated a record growth to 5.7Mt, increasing from 4.4Mt in September 2020. The MoM rise of 29.5 per cent in dispatches in October was possible due to the increase in dome...
US claims 18% of Turkey's cement exports in the 9M20
The USA represented an 18 per cent share of Turkish cement exports during the first nine months of the year, the largest share amongst the export destinations, according to the Turkish Statistical Institute (TurkStat). In total, Turkey exported US$118.3bn worth of goods during the period in question. Around TRY7.7bn (US$923m) of this was made by the cement industry. In the January-Septem...
Algeria exports to Dominican Republic
Algeria-based Société des Ciments de Aïn El Kebira (SCAEK), part of the GICA Group, has exported 40,000t of clinker to the Dominican Republic, reports L’Expression. GICA has exported some 550,000t of clinker since the start of the year to African and South American countries, including Senegal, Côte d’Ivoire, Guinea, Peru and Brazil, according to GICA.
National Cement starts supplying Rwandan market
National Cement of Kenya has introduced its Simba brand into the Rwandan cement market having seen strong demand for infrastructure in the country, including a new airport in Bugesera. The Kenyan producer is supplying cement importers from its recently-opened Nakuru plant, which is approximately 500km from the Rwandan border. "The Rwandan market is one of the fastest growing economies...
Vietnam's export volumes fall 5% in October
Vietnam is estimated to have exported 3.2Mt of cement and clinker worth US$126m in October, down 4.8 per cent in volume and five per cent in value YoY, according to the General Statistics Office data released on 29 October. In the first 10 months of 2020, the country is estimated to have exported 31.45Mt of cement and clinker at a value of US$1.17bn, up 18.2 per in volume and 5.6 per cent i...