Cement News tagged under: Trading
Tanzania cement shortage caused by exports26 November 2007, Published under Cement NewsTanzanian cement manufacturers need to increase production capacity to narrow the deficit currently experienced by local consumers. Hezekiel Chibulunje, the Deputy Minister for Industry, Trade and Marketing, said that with attractive prices in neighbouring countries, most cement produced in Tanzania has found its way there, causing cement shortages in the country that could paralyse the construction industry. “With the need for additional cement in the market, we have seen price hikes all ... |
Cement importer hit for its clearance failures23 November 2007, Published under Cement NewsA consumer advocate has scored an importer of cement for allegedly defying laws on importation, and product quality and standards into the Philippines Maria Lourdes Casas Quezon, a member and former chairperson of the National Women’s Club (NWC), said a Subic-based construction firm, Hanjin Heavy Industries Construction, has imported cement for its shipyard project in Zambales. The company has not secured an Import Commodity Clearance (ICC) from the Department of Trade and Industry (DTI), ... |
Yantai Mainly Exports Cement to Angola, USA and Spain22 November 2007, Published under Cement NewsYantai City in Shandong Province exported 748,000t of cement to Angola in the first ten months of the year, rising by 2.2 times year-on-year, according to statistics from Yantai Customs. Exports to the USA stood at 622,000t, down by 20.7% YoY, while exports to Spain increased by 66.7% to 608,000t. Starting on July 1st, 2007, China further strengthened the control of cement exports and abolished the cement export rebates. Due to this, Yantai City’s cement exports dropped by 5.1% between July ... |
Rwanda to import cement from China21 November 2007, Published under Cement NewsRwanda is to start importing cement from China to complement locally produced volumes. The move comes at time prices of cement in Rwanda are increasing steadily following shortage of supply from both local and on the regional distributors. Justin Nsengiyumva, the Commerce ministry secretary general said the shortages may end soon and prices may stabilize as government has permitted Rwanda Cement factory (Cimerwa), the only cement producing firm in the country to import 7,000t of ce... |
Xinjiang’s cement exports multiply in first 10 months20 November 2007, Published under Cement NewsThe Alashankou Port in Xinjiang Uyghur Autonomous Region exported 284,600t of cement in the first 10 months of the year, valued at US$ 16.09bn, rising by 5.81 times and 5.87 times YoY respectively. The rapid increase in cement exports was mainly due to Kazakhstan accelerating its construction of basic infrastructure, driving up its cement demand in the period. However, Kazakhstan lacks large cement plants and the domestically manufactured cement cannot satisfy domestic demand, while at t... |
Guyana not seeking extension of cement waiver19 November 2007, Published under Cement NewsThe Bharrat Jagdeo administration has backed down from a plan to seek an extension of a Caribbean Community (CARICOM) facility to import cement from extra regional sources, an official has confirmed. Government had earlier stated plans to place an extension of the waiver on the 15 per cent Common External Tariff (CET) on extra-regional cement before the Council for Trade and Economic Development meeting which opened here Thursday, but an official indicated a change in plan. "No dec... |
India imported 35,000t cement from Pakistan during three months19 November 2007, Published under Cement NewsIndia has imported 35000 tons cement from Pakistan during the last three months. Jairam Ramesh, Indian Minister of Commerce was talking to APP after meeting with Tariq Ikram, Chief Executive of Trade Development Authority of Pakistan with a status of Minister of State here Friday evening. Jairam Ramesh said during the meeting, trade through LoC, upgradation of facilities at Wagah, investment in each others country, issue of Geographical Indicators and boosting trade volume were discussed. ... |
Binani buys Dec-Feb S.Africa coal at $130.00/T CIF16 November 2007, Published under Cement NewsIndia’s Binani Cement has bought four panamax cargoes of South African coal at an average price of around $130.00 a tonne CIF following a recent tender, the seller said. The seller was an Indian trader. The cargoes are for delivery between December 2007 and February 2008. (Reporting by Jackie Cowhig, editing by Anthony Barker) |
East Africa Community Waives Import Duty On Cement to Ease Supply Deficit.07 November 2007, Published under Cement NewsCement producers in the East Africa Community region will, in the next six months, benefit from a temporary 15 per cent import duty tax reduction in Tanzania. The reduction is a temporary measure to cover a supply deficit in the Tanzanian market. The decision is expected to benefit producers in Kenya, Uganda and Rwanda. Cement from countries outside the EAC will continue to attract 25 per cent import duty and a 20 per cent surcharge tax. Peter Stanslaus of the Ministry of... |
Tanzania waives import duty on cement to ease supply deficit05 November 2007, Published under Cement NewsCement producers in the East Africa Community region will, in the next six months, benefit from a temporary 15 per cent import duty tax reduction in Tanzania. The reduction is a temporary measure to cover a supply deficit in the Tanzanian market. The decision is expected to benefit producers in Kenya, Uganda and Rwanda. Cement from countries outside the EAC will continue to attract 25 per cent import duty and a 20 per cent surcharge tax. Peter Stanslaus of the Ministry of Industries,... |