Cement News tagged under: Trading
DTI probing high cement prices23 March 2005, Published under Cement NewsThe Philippine Department of Trade and Industry has launched an investigation to determine whether the continuous increase in the prices of cement is justified. The move followed calls by Senator Manuel Roxas II last week for DTI to explain the rising cost of cement and the possibility of removing safeguards on imported cement. Roxas asked DTI to review the current cement safeguard of P15.60 per 40kg bag of imported cement in the wake of the 20 per cent rise in local cement prices. T... |
Cement prices soar to as high as P170/bag22 March 2005, Published under Cement NewsPhilippine cement prices continue to rise, hitting as high as P170 per bag in the tiny province of Siquijor. According to the Department of Trade and Industry it is "closely coordinating with its regional and provincial offices nationwide in monitoring the trends in cement prices to appropriately respond to any unusual price increases, especially during the summer months where peak demand for cement is historically noted." The DTI reported that the prevailing average retail prices of gra... |
Cement, steel prices now stable21 March 2005, Published under Cement NewsUAE steel and cement prices are stable, and off their recent highs, reported Gulf News. Cement is presently Dhs257 per tonne, down 15 per cent on four months ago. Steel is 10 per cent cheaper than four months ago at Dhs1700 per tonne. But these are still the highest price levels in the GCC. |
Titan America plans cement terminal expansion21 March 2005, Published under Cement NewsTitan America LLC will spend US$15m adding to its cement terminal at the Port of Tampa, the company announced Friday. Titan plans to build a facility for slag grinding, in which the residue from steel manufacturing is incorporated into cement products. The resource is expected to be available for delivery by 2007. The facility will serve customers within the Ocala, Orlando and Naples areas, Hardy Johnson, president of Titan America Florida said in a media release. Titan America, a cement and... |
Cement carrier detained again18 March 2005, Published under Cement NewsA cement carrier operated by Norway’s Kristian Gerhard Jebsen that was detained in the US for security failings on the first day the new law came into effect has been held again. The Danish-flag, 27,100dwt Cozumel Cement (built 1984) was detained in Port Canaveral, Florida, on 26 January after four stowaways from Colombia were discovered. On 1 July last year, when the International Ship and Port Facility Security Code (ISPS) came into effect worldwide, the same ship was one of several held ... |
Bulkcem Nigeria viewpoint17 March 2005, Published under Cement NewsThe managing director and chief executive officer of Eastern Bulkcem company, Port Harcourt, Nigeria, Mr. Vincent Nehikdora has identified hostile business environment as the major factor militating against the rapid industrialisation of the country. The government he said, has more work to do if it desires to attract investors. Nehachora made the identification in Port Harcourt, Rivers State in an interview with Daily Champion. The managing director declared that the industrialisation of ... |
Peru’s February cement sales16 March 2005, Published under Cement NewsPeru’s overall cement sales in February fell 4.9 per cent to 334,171t from the 351,255t sold in the same month last year, the National Association of Cement Producers, or Asocem, said Tuesday. In January, overall cement sales totaled 366,035t. Cementos Lima SA sold 170,001t of cement in February, which includes 33,450t sold for export in the month, the association said. In the first two months of the year, overall cement sales totaled 733,656t, a 6.5 per cent increase from the 688,808t so... |
Podilskyi Cement reduces production, Baltcem increases16 March 2005, Published under Cement NewsIn February, the Podilskyi Tsement company (Khmelnytskyi region, Ukraine), which is one of the three largest producers of cement in Ukraine, in which Ireland’s CRH Poland BV owns 94.7 per cent of the shares, reduced cement production by 2.4 per cent compared with February 2004, to 83,000t. As Ukrainian News earlier reported, in January the Podilskyi Tsement company reduced production by 14.3 per cent or 15,000t compared with January 2004, to 90,000t. The Podilskyi Cement company, wh... |
Cement Demand in Saudi Arabia15 March 2005, Published under Cement NewsCement demand in Saudi Arabia is expected to increase by up to 80 per cent in the next few years, compared to its current levels, according to unofficial sources from the country’s construction sector, local media reported on March 13, 2005. The forecast is based on the current boom in the Kingdom’s construction and real estate sector. At present, cement on the local market retails at some 230 Saudi riyals ($61.33) per tonne. |
Aditya Birla cement despatches down10 March 2005, Published under Cement NewsCement despatches of the Aditya Birla Group during February fell by 0.93 per cent to 2.18Mt over the same month last fiscal while production was marginally up by 0.79 per cent at 2.23Mt. The despatches of Grasim during February 2005 stood at 1.09Mt while production at 1.10Mt, it said in a release here on Thursday. Ultratech’s despatches in the month stood at 1.10Mt while production was 1.13Mt. Aditya Birla Group’s cement despatches during the April-February 05 rose 4.94 per cent at 23.7Mt... |