Cement News tagged under: Exports
Pakistan's cement and clinker exports rise in 4MFY24-2521 November 2024, Published under Cement NewsPakistan's cement and clinker exports have increased by 12.39 per cent to a value of US$104.61m (2.857Mt) in the first four months of the FY24-25 (July-October 2024), compared to US$93.08m (2.4Mt) during the same period of the previous fiscal year, according to the Pakistan Bureau of Statistics (PBS). The export volume also saw a significant rise of 18.7 per cent YoY. In Pakistani rupee terms, export revenue grew by a modest 8.2 per cent to PKR29.09bn (US$104.6m). A particularly positive tr... |
Domestic cement demand continues to decline in Iran20 November 2024, Published under Cement NewsIranian domestic cement sales contracted 2.5 per cent YoY to 5.919Mt in October, down from 6.070Mt a year earlier, according to the Iranian cement association. Contrastingly, producers manufactured 6.607Mt of cement and 7.247Mt of clinker, increases of 3.4 per cent YoY and 4.6 per cent YoY respectively, when compared with October 2023. A total of 1.215Mt of cement and clinker were exported in October, an increase of 6.6 per cent YoY, bolstered by higher cement exports, which rose 3... |
Thatta Cement Co expect to to export cement to Europe in 202418 November 2024, Published under Cement NewsThatta Cement Co Ltd (THCCL) held a corporate briefing on 15 November to discuss FY24's financial results and prospects. Management reports that the company will likely enable exports by the end of this year to Eastern Europe. BMA Research, encompassing the key highlights of the briefing, reported that the cement company has a total power requirement of 10MW, which is being met through a combination of sources: 3.5MW from a solar plant, 3.5MW from waste heat recovery (WHR), and the rema... |
DG Khan Cement sees USA as most favourable cement export destination15 November 2024, Published under Cement NewsDG Khan Cement Co Ltd held its corporate briefing on 14 November to discuss its FY23-24 financial results and outlook. DG Khan earned a profit of PKR542m (US$1.94m) in FY23-24 as opposed to a loss of PKR3.6bn in FY22-23 due to lower taxation, according to AKD Research. However, sales increased by two per cent YoY to PKR66bn in FY23-24 versus PKR65bn in FY22-23 due to better retention prices. The company’s utilisation level stood at 72 per cent in FY23-24, compared to the industry’s of 55 ... |
Argentina's cement market contracts by 20% in October07 November 2024, Published under Cement NewsCement consumption in Argentina dropped 19.9 per cent YoY and 1.3 per cent MoM in October 2024 to 901,222t from 1,125,075t in October 2023, reported the country’s cement association, AFCP. Domestic cement producers manufactured 907,153t of cement in October 2024, down 20 per cent from 1,133,331t in the year-ago period. Of this total they exported 6379t, representing a 22.7 per cent decline from 8256t in October 2023. Meanwhile, imports reached 447t. January-October 2024 consumption shr... |
Spanish cement sales rise robustly in September06 November 2024, Published under Cement NewsCement consumption in Spain rose a robust 7.1 per cent YoY in September 2024, to come in at 1.219Mt, according to the latest data from Infocemento. The Spanish cement association, Oficemen, had anticipated “a slight improvement from the summer onwards” on the back of an increase in building permits and public work tenders, though they note “we must wait to see if these works are actually carried out in the short term”. Exports also rose versus year-ago data in September, increasing 15.9 pe... |
Italy's cement output stable but imports rising05 November 2024, Published under Cement NewsItaly’s cement production remained stable in August 2024 when compared with output data from August 2023. This follows a one per cent decrease in July, according to the latest data from Italian concrete association, Federbeton. Cement prices edged up by one per cent in July and August 2024. In the January-August 2024 period, cement production increased two per cent, representing stable MoM growth when compared with two per cent in July 2024. External trade Export data of July 2024 show ... |
Pakistan's cement records home export revenue of US$65.19m in 3MFY2504 November 2024, Published under Cement NewsPakistan’s cement and clinker exports value declined by 2.2 per cent to US$65.19m (1.792Mt) in the 1QFy24-25 (July-September 2024) from US$66.68m (1.676Mt) in the same period of the previous financial year, as reported by the Pakistan Bureau of Statistics (PBS). However, the export volume rose by 6.9 per cent YoY. The same trend was noticed in Pakistani rupee terms when export revenue saw a single-digit fall of 6.9 per cent to PKR18.14bn. A positive trend was observed in September 2024 wh... |
Cement consumption in Senegal falls 25% in August30 October 2024, Published under Cement NewsCement sales in Senegal saw a 24.9 per cent drop to 505,900t in August 2024 from 672,700t in August 2023, according to the country’s Ministry of Economic Affairs. Production from domestic cement plants decreased by 21.4 per cent to 647,000t in August 2024 from 823,200t in the year-ago period. Senegal’s cement industry exported 138,500t of cement in August 2024, representing a 17.5 per cent YoY decline from 167,900t. January-August 2024 In the January-Augusts 2024 period, the Senegales... |
Indonesian cement exports contract but clinker exports expand30 October 2024, Published under Cement NewsCement exports from Indonesia saw a 12.2 per cent YoY drop to 90,401t in September 2024 from 103,002t in the equivalent period of 2023. However, a two per cent growth in clinker exports to 753,075t in September 2024 from 737,968t in September 2023 was reported. January-September 2024 In the January-September 2024 period, Indonesia exported 8.5Mt of cement and clinker, up four per cent when compared with the 9M23. Of this total, clinker exports increased to 7.8Mt, up 7.9 per cent when com... |