Cement News tagged: Trading
Chinese imports into Kenya show 10-fold rise
New figures from the Kenyan National Bureau of Statistics reveal that the country imported KES2.2bn (US$21.7m) of cement from China in the first six months of 2016, up more than ten-fold on last year. A report by Business Daily Africa notes that these latest data look set to increase tension between Kenyan producers and Chinese contractors working on some of the country’s biggest infrastruc...
Dangote exports Ethiopian cement to Kenya
Kenya's cement market is now being supplied with cement from a new source as Dangote has started exports from its 2.5Mta Ethiopian plant to the east African country. Industry sources said the majority of the exports are destined for road construction projects in the north of Kenya. The step is expected to drive down prices in a market that has seen virtually no price changes in the past ...
Preliminary US cement shipments to June 2016
The US Geological Survey has released preliminary results for the US cement shipments up to June 2016. US deliveries totalled 8,146,984t of ordinary Portland cement (OPC) and blended cements in June, while foreign imports totalled just over 1Mt. The state of Missouri produced the most cement during June with a production of 889,858t, closely followed by California’s 889,133t. Florida saw it...
Vietnam sees export value rise 19% in Jan-Jul 2016
Vietnam earned US$335.12m as it exported 8.97Mt of cement and clinker in the Jan-Jul 2016 period, up 18.8 per cent YoY in value, but down 6.2 per cent in terms of volume. The Philippines, Bangladesh, Taiwan and Mozambique were key importers of Vietnamese clinker and cement in the first seven months of this year, according to the Vietnamese Ministry of Industry and Trade. The Philippines ...
Pakistan: northern plants register strong July sales
Domestic cement sales in Pakistan rose 12.38 per cent YoY to 2.018Mt in July 2016 from 1.8Mt in July 2015 as large government-funded infrastructure projects pushed up demand, according to data from the All Pakistan Cement Manufacturers Association (APCMA). The heavy monsoon rains slowed down construction activities in many parts of the country, but analysts said the overall revenue of the ...
Central Congo cuts import tax by 50%
The provincial government of Central Congo, Democratic Republic of Congo, has lowered import taxes for grey cement by 50 per cent from CDF3000 (US$3.15) to CDF1500 per 50kg bag. The step has been welcomed by importers who bring in Angolan product via the border post of Lufu. However, cement users have complained that the cut is not filtering through to end-users as they still pay CDF12,500 ...
Kenya: clinker tops Mombasa port imports
According to a recent report from Kenya Ports Authority (KPA), Mombasa port has recorded an increase in the number of imported construction materials. KPA’s report suggests a strengthening of the local construction sector as import figures of the construction materials are increasing each week. The report read, “The sector imported 59,866 metric tonnes of steel and 53,562 tonnes of cement c...
Rep of Congo: mechanism sought to halt illegal imports
Representatives from the domestic cement industry met with Minister of State, Minister of Economy, Gilbert Ondongo, this week to seek assistance from the Congolese government against illegal cement imports that are then sold at non-competitive prices. The country's current cement production is carried out by Société Nouvelle des Ciments du Congo (SONOCC), Forspak and CIMAF. Two new compani...
Pakistan cement exports down 27.6% in FY15-16
Pakistan's cement industry exported 5.97Mt of cement in FY15-16, which represents a fall of 22.3 per cent YoY, according to the Pakistan Bureau of Statistics. The bureau attributes the decline to contracting demand and competition among other issues. In terms of value, exports during July 2015-June 2016 saw a 27.6 per cent YoY decrease from US$443.63m to US$321.29m. The average price of...
Turkmenistan: new building material import facility planned
The Turkmen Industry Ministry is planning an enterprise for the import of high-demand building materials. The project is expected to be implemented jointly with the country's Milli Onum Company, according to Azernews. The new enterprise is expected to produce about 100,000t of gypsum, 250,000t of dry building mixes as well as 12Mm 2 of gypsum plasterboard annually on the basis of domest...
Saman Cement's MD angered by Iraq's high import duties
The managing director of Saman Cement Co, in Kermanshah, West Iran, has said that Iraq's high import duties on cement has put the Iranian cement industry in crisis, reports the Tasnim News Agency. Shahryar Geravandi, the managing director of Saman Cement Co said: "The new policy of the Iraqi government to increase import cement duties has put [Iranian] cement factories in danger, and domesti...
Rwanda: Cimerwa calls for protection from illegal exports
Cimerwa, Rwanda's sole cement producer, has asked the government for protection, saying local dealers are exporting its cement illegally, affecting its key markets in the Democratic Republic of Congo and Burundi. All Africa reported that Busisiwe Legodi, the Cimerwa CEO, said the problem is made worse by the fact that some of the local dealers buy cement at subsidised prices for the Rwandan m...
Nigeria: agreement reached on Bol managed import levy funds
The Bank of Industry (BoI) in Nigeria said allegations over the misapplication of the cement funds which had prompted investigations by the Economic and Financial Crimes Commission (EFCC) had now been resolved. BoI was appointed in 2009 to manage the fund that accrued from levies on imported cement for the development of Nigeria’s cement industry. Bol further explained that new terms had be...
Pakistan: exports down by 17.41% in 11 months
Pakistani cement exports have fallen by 17.41 per cent to 5.48Mt during the first 11 months of the fiscal year, compared to exports of 6.65Mt during the same period in the previous year. A spokesperson from All Pakistan Cement Manufacturers Association (APCMA) has said that an increase in federal excise duty (FED) on cement has negatively effected the market. The proposed change in FED will...
Vietnam: export volumes fall for first five months
Vietnam earned US$260.64m from exporting 7.12Mt of cement and clinker in the first five months of this year, down 0.7 per cent on-year in value and 15.7 per cent in volume. Bangladesh, Philippines and Taiwan were the major importers of Vietnamese clinker and cement in the first five months of this year, the Vietnamese Ministry of Industry and Trade said. Bangladesh took the lead aft...
Iran Mercatile exchange resumes cement export trade
Cement offerings for export have resumed at Iran Mercantile Exchange, the IME chief said. Isfahan Cement Company initiated the offering with 2000t of cement on Saturday, 1000t of which were traded on cash payment. “We intend to expand our export markets for cement and unify prices by exporting the commodity through IME,” Hamed Soltaninejad was also quoted as saying by IRNA. Government-enf...