Cement News tagged under: Trading
Cement imports from Cuba into Jamaica01 November 2007, Published under Cement NewsMinister of Industry, Commerce & Investment Karl Samuda said that 5,000t of cement would arrive in Jamaica from Cuba within the next two weeks, to ease the current shortage, reports local press. Representatives from the Ministry, the Airports Authority of Jamaica and the Port Authority of Jamaica visited Cuba a week earlier to finalize arrangements for imports of 40,000t of cement, which will arrive on a phased basis. He added that Caribbean Cement Co. Ltd (CCCL), the sole local manufact... |
Pakistan cement exports to India below 6%26 October 2007, Published under Cement NewsPakistan cement exports to India are very low as compared with other countries and stands at only six per cent of the total cement export of the country, local press cited industry representatives as saying. The industry is facing different types of problems in exporting cement, including packaging problems and different objections from the Indian importers, they said. The cement export to India would remain low till December and at the start of next year the exports might improve graduall... |
Pakistan looks to make India top cement market25 October 2007, Published under Cement NewsFollowing relaxation of cement imports, Pakistan is planning to export 6Mt of the commodity to India annually. This means India will replace Afghanistan as Pakistan’s top cement export market. In the last few weeks, Pakistan has exported about 25,000t of cement to India. 6Mt is roughly four per cent of the Indian cement production. “We have a surplus of 12-13Mt since our demand is 25Mt and the capacity is 38Mt. We are exporting through sea and rail routes. Export by road should be allowe... |
Leading operators in battle for Sokhna, Egypt24 October 2007, Published under Cement NewsLeading operators are reportedly circling around Egypt’s Sokhna port, which is strategically located at the southern entrance of the Suez Canal and is in the bidding firing line after owner Orascom Construction Industries confirmed in September it was willing to sell the asset. DP World chairman Sultan bin Sulayem said DP World was interested in acquiring the port, in line with its wider global expansion plans. Speculation over Sokhna’s future has intensified after Orascom asked De... |
15 cases filed against errant cement traders, Sri Lanka22 October 2007, Published under Cement NewsThe Consumer Affairs Authority (CAA) has filed 15 Court cases against errant traders who have abused the Consumer Affairs Act by concealing and selling cement at a higher price. A CAA spokesman told the Daily News errant traders fleecing consumers by creating an artificial cement shortage will be fined. The CAA has conducted raids in Kelaniya, Kadawatha, Kalutara, Wadduwa, Ratmalana and Anuradhapura following complaints. The spokesman said more raids will be continued. Some traders had s... |
Ministry still to say whether cement waiver to continue, Guyana22 October 2007, Published under Cement NewsThe Ministry of Tourism, Industry and Commerce is yet to announce what steps will be taken regarding the waiver on the Common External Tariff (CET) for extra-regional cement imports, which comes to an end this month. On October 3 the ministry held meetings at its South Road office with cement importers to discuss cement-related issues. At that meeting the representative of cement importer R&R International asked the government to extend the cement waiver, arguing that the regional cement s... |
Lithuania’s Gerdukas launches imports of cement19 October 2007, Published under Cement NewsGerdukas, Lithuania’s cement trader, has shipped the second batch of cement by sea from Sweden, the Verslo Zinios business daily reports. A possibility for imports resulted on the housing market crisis in the US, said Nerimantas Valenta, CEO of Gerdukas, which saw its controlling stake being taken over by Sweden’s building materials producer HeidelbergCement Northern Europe late in summer. The state of Florida notified HeidelbergCement Group, which operates plants in some 50 states and pro... |
Sri Lankan officials trying to control rising cement prices19 October 2007, Published under Cement NewsThe Secretary of the Ministry of Trade, Marketing Development, Cooperatives and Consumer Affairs and the Acting Chairman of the Consumer Affairs Authority (CAA) R.M.K. Ratnayaka said that the CAA has apprehended five more traders who sold cement in excess prices and hid stocks. He said that CAA would continue the raids and they would be expanded to the outstations too. The CAA has marked the maximum price for cement as Rs 692. (US$122/tonne equivalent) on the local market. |
Two shiploads of cement arrive, Sri Lanka18 October 2007, Published under Cement NewsTwo ships carrying 120,000t of cement have arrived in Sri Lanka thus meeting the islandwide demand for cement in spite of the shortage created by errant traders concealing cement stocks. Trade, Marketing Development, Co-operatives and Consumer Affairs Minister Bandula Gunawardena told the Media yesterday that the high cement demand has been created in the country due to the massive construction work now in progress including building anicuts, bridges in the East under the ‘Eastern Reawakeni... |
India’s Grasim, Dalmia, Ambuja say seek S.Africa coal18 October 2007, Published under Cement NewsIndian cement makers have re-entered the coal market in force seeking South African cargoes for delivery between November and the end of Q1. Grasim , Dalmia and Gujarat Ambuja said they are seeking South African coal through enquiry rather than offial tender. Grasim was recently seeking October and November delivery panamaxes and is awaiting more offers. Dalmia is looking for at least one Q1 South African cargo and Ambuja is looking for late Q4 cargoes. Cement company sour... |