Cement News tagged under: Trading
Laker cement vessel grounds29 March 2007, Published under Cement NewsThe lake-going vessel that brings cement to Rochester almost ran aground entering the Port of Rochester last week. The U.S. Coast Guard says the Stephen B. Roman bumped bottom, apparently hitting some shoals that formed since the ship last came to Rochester January 11th. The MV Roman, laker is some 488 feet long and grounded in the center of the channel near the mouth of the river last Friday when the crew had to take action to stop the ship. "It was a surprise to Essroc. It was a sur... |
First shipment of Chinese cement arrived27 March 2007, Published under Cement NewsThe first consignment of SA Bureau of Standards (SABS) approved Conch cement from China has arrived in South Africa. Lim Hong Siang, the managing director of Evermont International, said yesterday that 18 000 tons of Conch cement, in 50kg bags with SABS marks, had arrived at the Durban port last Thursday on board the Gear Bulk Shipping Group-owned MV Windfield. Lim said the cement, which was sold to ICC UK and shipped from China, was being stored at the company’s warehouse. He... |
Colombia’s Argos to boost exports to US after ’0923 March 2007, Published under Cement NewsColombia’s largest cement maker, Cementos Argos SA will gradually boost its cement exports to the US to 4Mta from a current 2.1Mt after its new plant in the Caribbean port of Cartagena starts operating in 2009. Argos’ exports to the U.S. would represent about 12% of the foreign cement bought in the US, said Jorge Mario Velasquez, the company’s vice president of logistics. Cementos Argos will build a $300m new cement factory in Cartagena. The new factory, which will include a port ... |
Government fails to facilitate cement export, Pakistan22 March 2007, Published under Cement NewsThe government has failed to facilitate cement export, as Port Qasim and Karachi Port Trust authorities have expressed inability to provide ’dedicated berths’, saying that such an action would hurt international trade, official sources told local press. They said that national average price of cement is around Rs230 per 50kg at some places, but the price of prime brands was Rs 243 per 50kg on March 21. The Economic Coordination Committee (ECC) of the Cabinet in its last meeting had dire... |
China exports 2.18Mt of cement in Jan ‘0719 March 2007, Published under Cement NewsChina exported 2.183Mt of cement in January this year, surging 28.6 per cent YoY, according to customs statistics. The country exported 36.13Mt of cement in 2006, leaping 63.1 per cent YoY. Its cement products were mainly produced and exported by eastern coastal cities. China’s exports to the EU and the United Arab Emirates rose sharply while those to the United States fell. Demand for cement soared on the international market last year. |
Zambia to increase cement importation14 March 2007, Published under Cement NewsThe quantities of cement currently being imported are not sufficient to meet the huge demand on the local market of Zambia, a cabinet permanent secretary has said in Lusaka. Times of Zambia Tuesday quoted Davison Chilipamushi, permanent secretary of the Ministry of Commerce, Trade and Industry, as saying that the Zambian government has simplified the whole process of cement imports to facilitate more importation of the commodity. "There could be a few difficulties for individuals a... |
Conch cement consignment to arrive amid chaos12 March 2007, Published under Cement NewsA ship carrying the first consignment for South Africa from Conch Cement is scheduled to dock in Durban this week amid confusion in the market about who has the legal right to sell the product in the country. The 17,000t consignment results from a legitimate transaction between Singapore-based Evermont International and ICC UK, which acquired the cement that will be sold in South Africa by Group 3. Business Report revealed last month that bogus agents were taking advantage of the s... |
Ban on cement exports to hit cos with plants in west09 March 2007, Published under Cement NewsEven though exports constitute only 4% of the total cement production in the country, analysts believe that a ban on cement exports will adversely effect the demand-supply condition in the western region and hurt the bottomline of companies whose plants are predominantly situated in the west. The spectre of a ban on cement exports has been raised by industry and commerce minister Kamal Nath who on Wednesday said this was one of the options the goverment may consider to bring down cement ... |
Pakistan cement exports reach new hights in February ’0708 March 2007, Published under Cement NewsPakistan cement exports during February reached 320,000t, which was the highest-ever export for any single month. Figures released by the All-Pakistan Cement Manufacturers’ Association (APCMA) on Tuesday showed 108 per cent growth in cement exports compared with 1,50,000t exported in the comparable month last year. Over the eight-month period of the current fiscal (July-February), sale of cement in foreign markets registered an increase of 81 per cent to 1.77Mt, from 0.98Mt in the correspo... |
Cement export to India begins08 March 2007, Published under Cement NewsCement export to India has been started with 1500t cement exported by a leading cement manufacturer. According to the first capital research report, for the first time D G Khan Cement dispatched 1500t cement to India, as a sample, by sea route, at C&F price of around $90 per ton. The report said that this has also been proved by a bulk of inquiries from India to local cement manufacturers, received by Indian importers for the import of commodity. Head of first capital research, Muhammad ... |