Cement News tagged: Trading
Vietnam notes fall in exports in 2016
Vietnam exported 14.73Mt of cement in 2016, down 7.1 per cent YoY, according to the General Department of Vietnam Customs. Export revenues fell 16 per cent YoY to US$561m. In December the country exported 1.31Mt of cement and clinker to the value of US$50.58m, increasing 7.7 per cent and 10.4 per cent MoM in volume and value, respectively. Key destinations of cement and clinker exports w...
Pakistan: first dry bulk terminal to open in March
Pakistan’s first dry bulk terminal will open next month and is expected to handle 3Mta of coal imports, rising to 20Mt over the next five years, the port’s chief executive said on Thursday. The US$285m Muhammad Bin Qasim Port, which was built with support from the World Bank, will also be used to export cement and clinker, Sharique Siddiqui, chief executive for Pakistan International Bulk T...
Pakistan: APCMA calls for higher duty on Iranian cement imports
All Pakistan Cement Manufacturers Association (APCMA) is urging the government to put a 20 per cent import duty on Iranian cement, claiming that Iranian producers are "dumping" the building material in border markets. "The local market in areas adjacent to the Iranian border and the coastal area of Balochistan are flooded with Iranian cement. Domestically produced cement is losing its market...
Coal price rises will impact cement costs
Although there has been a big move away from fossil fuels in many parts of the world, the cement sector still relies on coal as cheap fuel to fire a good number of its cement kilns. Yet, in the last six months the price of coal on world markets has doubled, placing pressure on cement producers to increase prices to protect margins. HeidelbergCement has estimated a seven per cent rise in it...
USA: Portland and blended cement shipments fall in October 2016
US Geological Survey (USGS) reports that the shipments of Portland and blended cement in the United States and Puerto Rico in October 2016 were about 9Mt, down by 3.4 per cent from sales in October 2015. The leading producing states in October 2016 were Texas, Missouri, California, Florida, and Michigan, in descending order, and these accounted for about 41 per cent of the national total. ...
Pakistan exports of cement show dismal figure in 6MFY2016-17
Pakistan cement exporters have earned revenues of US$16.36m on exports of 309,868t cement in December 2016, compared to US$23.68m on 455,720t of exports in the previous month. These figures represent a MoM decline in dollar value and volumes of 32 and 30 per cent, respectively. However, when compared with December 2015 (434,967t with a value of US$22.89m), volumes decreased by 28.76 per...
Pakistan: APCMA calls for reduced taxes on domestic cement
All Pakistan Cement Manufacturers Association (APCMA) has asked the government to support the industry by placing anti-dumping duty on the Iranian cement and reducing taxes to make the cement more affordable for consumers, increasing the commodity's demand and the need for more capacity. The APCMA spokesperson said on Saturday that the domestic industry needed government’s support. He was ...
Black market cement traders caught in western India
Thane police on Tuesday claimed to closed down an illegal trade in cement, wherein waste cement from railway yard warehsoue is collected and sold under the name of renowned brands. A raid was conducted at Balkum, Sr Police Inspector, Niteen Thackeray, said. Five people were accused were found collecting waste cement unloaded at the railway yards at Kalwa, Thane, Kalyan and Mulund railway sta...
Spain: Port of Seville quadruples cement shipments in 2016
The Port of Seville, Spain, increased its throughput of cement by 481 per cent to 74,200t in 2016. In addition, the port has expanded its business lines and diversified goods accepted by the port. This includes since the start of this year the shipment of clinker, which was previously shipped by other ports in Andalucia. The port’s location close to Portland Valderrivas’ Alcalá de Guadaíra ...
Swaziland: cement industry threatened by imports
Cement imports are undercutting cement produced by AfriSam Swaziland in price and present a risk to the viability of the domestic cement producer, according the Times of Swaziland. In a move to try and protect the cement industry, the Ministry of Commerce Industry and Trade once commissioned a study to find out if the industry needed protrection. It was commissioned by the then Director of ...
Fiji: Japanese clinker arrives at Suva Port
Pacific Basin's bulk carrier Port Botany from Japan arrived in Suva Port in Fiji yesteday ahead of its job of unloading 26,000t of clinker. The vessel will discharge its clinker load over the next six days. "The discharging will start soon after Custom Officers have checked teh vessel," said Mr Sowani Tuidrola of Pacific Basin. Mr Tuidrola confirmed that the order was sent by Mitsubish...
Portugal: Cimpor to resume cement exports from Loulé
Cimpor's Loulé plant is due to resume exports via the Algarve port of Faro, Portugal. The Algarve port of Faro, which has seen no cargo movement whatsoever since June 2016 when Cimpor, the port’s only customer, stopped production at its local Loulé plant. The Loulé plant is due to resume activity in February, reports The Portugal news Online.
Senegal turns to exports
This week it was announced that the Senegalese government would impose a new tax on the price of cement in the country of XOF3/kg or XOF3000 (US$4.84)/t. There are just three cement producers in Senegal – Sococim (Vicat group), Société Cimenterie du Sahel (SCS) and Dangote Cement Senegal – and they are expected to raise cement prices to pass on the cost of the tax to consumers. The governmen...
Iran: IME to resume cement trading
The Iran Mercantile Exchange’s (IME) export trading board, established to curb unhealthy competition among cement producers and other trades, is all set to resume cement trading, the head of the country's Cement Employers Association, Abdolreza Sheikhan, said. Founded in 2006, IME trades in agricultural, industrial and petrochemical products in the spot and futures markets. Iran's cement i...
Canada: McInnis sign 140,000t distribution deal
McInnis Cement announced it has signed an agreement with Gaspe Railway Corporation (Société du chemin de fer de la Gaspésie - SCFG) for the distribution of cement from New Richmond, Quebec, to various Canadian and US markets. The agreement relates to the transportation of approximately 140,000t of cement over a five-year period. The cement will be loaded into trucks at the mill site, transp...
Pakistan: cement exports fall on YoY basis in 5MFY2016-17
Pakistani cement manufacturers earned revenues of US$23.68m on exports of 455,720t cement in November 2016, compared to US$28.30m on 543,674t of exports in the previous month. These figures represent a MoM decline in dollar value and volumes of 16.35 per cent and 16.18 per cent, respectively. However, when compared with November 2015 (593,922t with a value of US$30.11m), volumes slipped b...