Cement News tagged under: Trading
TNCC Chief welcomes TN Govt’s decision to import cement28 January 2008, Published under Cement NewsTNCC President M Krishnasamy today welcomed the Tamil Nadu government’s decision to offer imported cement at Rs 160 a bag, on high seas, to builders and general public. Stating he had made a request to this effect last week, Mr Krishnasamy, in a statement here, thanked Chief Minister M Karunandhi for conceding his demand. However, the general public who required 100 to 200 bags of cement, would find it difficult to purchase the minimum quantity of 480 bags fixed by the government a... |
Pakistan exports up 111 per cent, July-December24 January 2008, Published under Cement NewsCement exports recorded a phenomenal growth of 111 per cent during six months of the current fiscal year to reach US$135.672m. According to the official statistics on cement export for July-December FY-08, in the manufactures category, Pakistan earned US$135.672m or Rs 8.237mon exporting cement during July-December 2007 against US$64.367 earned in the said period of last fiscal. The cement manufacturers exported 2.3Mt cement during first six months of FY-08 as compared to 1.14Mt in the ... |
Pakistani cement exporters lose earnings due to cutthroat competition22 January 2008, Published under Cement NewsThe value of Pakistani cement exports to India has fallen from $74 to $70 per tonne during the last few weeks due to competition amongst the exporters, said an industry source here on Monday. “Pakistani cement makers are fetching less value for their products from buyers abroad because they are competing with each other unnecessarily,” said a top official of a cement-exporting firm. “It is unnecessary competition because the demand from Indian buyers is more than our capacity to export to t... |
Tamil Nadu govt sells cement at concessional rate22 January 2008, Published under Cement NewsThe Tamil Nadu government today launched the sale of cement at a concessional rate of Rs 200 per bag through the Civil Supplies Department across the state. A maximum of 100 bags would be given to those who build houses not exceeding 1,000ft2. The scheme was launched to help the lower and middle income groups, besides aiming at containing the prices. The government had said those who have plan approvals issued after July 1, 2007, could apply to the Deputy Tahsildars of their respec... |
Dangote, 12 Others to Import Bulk Cement17 January 2008, Published under Cement NewsThe Federal Government has given provisional approval to 13 local companies to import bulk cement into the country in order to make up for the shortfall in supply and bring down the prices of the product. The Minister of Commerce and Industry, Mr. Charles Ugwuh, on Monday annou-nced Federal Government’s decision to allow importation of "bulk cement" - and not "bagged cement" as media reports suggested yesterday. While bulk cement is imported and re-bagged by local manufactures, bag... |
Nigeria lifts ban on cement imports15 January 2008, Published under Cement NewsPresident Umaru Musa Yar’Adua has lifted the ban on the importation of bagged cement into the country. The lifting of the ban, according to the government, is with a view to bridging the deficit of 11.5Mt in the supply of cement, which has been recurrent in the industry in the last few years. Minister of Commerce and Industry, Mr Charles Ugwuh, who announced Federal Government’s decision in Abuja yesterday at a stakeholders’ meeting, explained that the President was concerned about the sho... |
Uzbek materials sales on the increase11 January 2008, Published under Cement NewsThe volume of construction materials sales being reported by Uzbekistan authorities is rising. In 2007 basic construction materials (cement, roofing, rolled metal) for the total amount of 538bn soums (US$420.51m) were traded through the central exchange, a fourfold jump over 2006 activity levels. In particular, the share of the sales of cement (in total 12 types sold) grew from 59 per cent in 2006 to 74 per cent in 2007. Export sales of cement to neighbouring countries also grew rapidly, go... |
Unlicensed cement stocks sealed in North West frontier11 January 2008, Published under Cement NewsA province-wide campaign has been launched in NWFP, Pakistan to stall the manufacturing and selling of unlicensed ordinary portland cement, as a result cement stocks in district Karak, NWFP, have been sealed. The raids were conducted by District Co-ordination Officers (DCOs) an Capital Police Officers (CPOs) on the directives of Pakistan Standards and Quality Control Authority (PSQCA), which has the mandate to regulate quality control/assurance in the country. PSQCA had written to DCO, Now... |
Two selling fake cement held07 January 2008, Published under Cement NewsTwo traders involved in selling of sub-standard cement were arrested by the Madion police. Nearly 3,000 sacks of such material were seized from the godown of the accused who admitted to have been operating the racket since last couple of months. Circle Officer (CO) Aliganj Balwant Kumar Chowdhary said the arrests were made following a tip-off that Satguru Traders, situated in Keshav Nagar near Purania crossing, were selling cement of reputed brands after mixing sand. The accused, identified... |
Government now puts cement importation on hold, Tanzania07 January 2008, Published under Cement NewsThe government has put on hold plans to import cement from within East Africa designed as a strategy to ease an acute shortage of the item in the country. It gave the ongoing post-election violence in neighbouring Kenya as the reason for the change of mind. “The mission (cement importation) is currently next to impossible because of the chaos in Kenya. The territorial border posts in East African countries can no longer be used as points through which to move the consignments of cement int... |