Cement News tagged under: Trading
Sri Lanka keen to import rice and cement from Pakistan05 December 2007, Published under Cement NewsSri Lanka has expressed keen interest to import 350Mt of rice at the rate of $340 /t besides 2,500Mt of cement on immediate basis. Visiting Sri Lankan Minister for Trade, Marketing Development and Consumer Affairs, Bandula Gunawardhanthe expressed its country’s keenness in import of the aforesaid commodities from Pakistan at a meeting with the officials of Trade Development Authority of Pakistan (TDAP) on Tuesday. DG Export Supply Management TDAP Jawaid Anwar Khan, DG Policy and Planning, ... |
Pakistani cement sales up 32 per cent July-Nov04 December 2007, Published under Cement NewsPakistani cement sales grew by 32.3 per cent to 12.04Mt in the first five months of the 2007/08 fiscal year compared with 9.1Mt in the year-ago period, an industry official told Reuters on Tuesday. Exports of cement stood at 2.59Mt 161 per cent higher than the 0.99 million tonnes in the same period last year, said Shahzad Ahmed, Secretary General of All Pakistan Cement Manufacturers Association Pvt Ltd. Cement sales for November were 2.56Mt, an increase of 25 percent from November last yea... |
India will take steps to lower cement prices04 December 2007, Published under Cement NewsIndia will take all necessary steps to bring down cement prices and has asked a state-run trading firm to import the commodity, a junior industry minister said on Tuesday. "We will take all necessary steps to bring down cement. We have asked MMTC to import more cement. The prices are high due to strong demand from the construction sector," Ashwani Kumar told reporters on the sidelines of a business summit. "We will take all necessary steps including raising production capacity to bring dow... |
Indian cement prices likely to remain stable03 December 2007, Published under Cement NewsThe Government of India expects cement prices to remain stable in the medium term as a result of capacity addition by the industry coupled with a liberal import policy. The cement industry has expanded its capacity to 177 million tonnes by 2006-2007 and is expected to add another 100 million tonnes of capacity by 2011- 2012. Total cement production in India is estimated at 155.66 million tonnes in 2006-2007. |
Belarus’ ministry wants cement exports stopped in 200829 November 2007, Published under Cement NewsBelarus’ Architecture and Construction Ministry wants exports of cement stopped in 2008, Minister Alexander Seleznev told the Belarusian parliament on Wednesday. “We will deal with the origin [of the deficit] next year. We suggest selling cement only on the domestic market; exports must stop,” Seleznev said. In summer, too much cement was sold by retailers, and the state housing program was threatened. “They inform me about the availability of cement every day. Minsk sells 250... |
Indian cement imports during Apr-May 2007 at 53,378t28 November 2007, Published under Cement NewsIndia has imported 53378 tonnes of cement valued at Rs 14.20 crore during April-May 2007. Cement imports from China stood at 30,764 tonnes and were valued at Rs 767 lakh, while the US exported three tonnes and Pakistan 550 tonnes valued at Rs 23 lakh during the first two months of the current fiscal, Minister of State for Industry Ashwani Kumar said in a written reply today. In a separate reply, he said an integrated leather park is proposed to be set up at Andhra Pradesh with a total inve... |
Cameroon: will trade liberalisation improve the market?27 November 2007, Published under Cement NewsA number of prospective cement traders are expected to converge in Yaounde, the capital of the Cameroons today when the Minister of Trade, Luc Magloire Mbarga Atangana is expected to discuss the signing of a ministerial order last Friday liberalising the importation and marketing of the product - reports The Cameroon Tribune. "In a bid to create more competition on the local cement market for the benefit of the consumer, government has decided to liberalise the importation and marketing of ... |
CET Cement controversy still in limbo26 November 2007, Published under Cement NewsTCL Guyana Inc., (TGI) a subsidiary of the TCL Group of Trinidad and Tobago, is adopting a ’wait-and-see’ position in relation to the Government of Guyana’s continued waiver of the 15 per cent Common External Tariff (CET) on cement imported from outside the region. TCL Plant Manager Mark Bender told Stabroek Business in an interview earlier this week that while the Government of Guyana’s indication that it would seek to extend the CET waiver through the mechanism of the meeting of COTED hel... |
Lafarge Romania – exports no longer a priority26 November 2007, Published under Cement NewsLafarge Cement, the domestic unit of Lafarge group this year cut the share of exports in overall sales to just 5%, prompted by domestic market growth by 30%, to EUR750-800m. Lafarge will generate EUR400m turnover on the Romanian market this year, up around 45% from last year, from all the three units it holds. "This year, we cut quantities of cement going to foreign markets to 300,000t as exports are no longer a priority for us. “Our strategy is to cover the domestic market and depending... |
India Supreme Court okays limestone supply to Lafarge Bangladesh26 November 2007, Published under Cement NewsTo maintain the balance in the sensitive bilateral relations with Bangladesh, the ministry of forest and environment on Friday did a U-turn on its objection to limestone quarrying in forest areas of Meghalaya and its transportation to the plant across the border through a conveyor belt. Based on MoEF’s no-objection, the Supreme Court in an interim order allowed operation of the quarrying and supply of raw material to French cement giant Lafarge’s $255-million cement plant in Bangladesh... |