Cement News tagged under: exports
Cement sales in Brazil up 4% in February13 March 2024, Published under Cement NewsThe Brazilian cement market expanded by 4.2 per cent YoY to 4.615Mt in February 2024 from 4.429Mt in February 2023, reports the country’s cement association, SNIC. Looking at sales per working day – the number of days worked has a strong influence on cement consumption – sales slipped 0.9 per cent YoY in February to 0.22Mt from 0.222Mt a year earlier. The key drivers to the uptick in sales include more favourable prospects in the labour market, with an increase in the wage bill and exp... |
Fecto Cement's performance in increases 2% in 1HFY2412 March 2024, Published under Cement NewsAccording to the recently-released Fecto Cement Ltd 1HFY23-24 report, clinker production increased by 2.4 per cent during the six months. It reached 342,673t, up from 334,597t in the same period last year. Cement production increased by 21.7 per cent to 384,229t, up from 315,836t in the 1HFY22-23. The company's total sales volume for the 1HFY23-24 increased by 22.8 per cent, reaching 382,188t as against 311,129t last year. The company's local sales volume for 1HFY23-24 increased by 27... |
Medcem’s global expansion11 March 2024, Published under Cement NewsTurkey’s Medcem has invested in both its production facility and export capability with a view to expand its reach on a global scale. ICR chats to Mehmet Ali Ceylan, CEO, Medcem about the company’s plans to establish an international terminal network and what steps it is taking to decarbonise its operations. Mehmet Ali Ceylan, CEO of Medcem, speaks with ICR about the company’s plans to build an international terminal network while decarbonising its operations (© Medcem) ... |
Argentine cement market contracts 24% in February11 March 2024, Published under Cement NewsCement consumption in Argentina fell 23.5 per cent YoY to 684,960t in February 2024 from 895,938t in February 2023, according to the country’s cement association, AFCP. When compared with the previous month, demand dropped 10.7 per cent from 767,263t. Output from domestic cement plants was down 23.4 per cent YoY to 689,425t in February 2024 from 900,151t. When compared with January 2024, production declined by 10.8 per cent from 772,840t. Domestic production in February 2024 was suppleme... |
Bangladesh cement export momentum continued in 8MFY23-2411 March 2024, Published under Cement NewsBangladesh has recorded a 51.9 per cent YoY growth in cement export revenue to US$12.35m in the first eight months of FY23-24 (July-February 2024) from US$8.13m in the same corresponding months of the previous year, according to the Bangladesh Export Promotion Bureau (EPB). This figure includes minor amounts of salt, stone and related products. The 24.1 per cent YoY rise in cement exports also surpassed the target of US$9.95m for 8MFY23-24. Bangladesh had set a higher target export reven... |
Strong start to 2024 for Senegal cement08 March 2024, Published under Cement NewsDomestic cement sales in Senegal grew 3.3 per cent YoY in January 2024, coming in at 0.666Mt compared to 0.645Mt in January 2023, according to the country’s national statistics office, DPEE. For 2023 as whole, cement sales rose nine per cent YoY to 7.044Mt, up from 6.46Mt in 2022. Strong population growth, which averaged 2.7 per cent YoY in the decade to 2023 (versus just 0.6 per cent in the US), as well as proactive infrastructure and urbanisation policies will underpin demand heading forw... |
Italian cement slips in 2023 with moderate 2024 forecast06 March 2024, Published under Cement NewsItalian cement output expanded eight per cent YoY in December 2023, according to the Italian concrete association, Federbeton. This was largely driven by robust demand from local public sector works, which totaled EUR18.1bn in the year to December. However, cement output contracted two per cent for 2023 as a whole, weighed down by sluggish activity in the construction sector. Data from the national statistics provider, ISTAT, shows construction output contracted 0.1 per cent for the year.... |
Pakistan cement dispatches down 19% YoY in February05 March 2024, Published under Cement NewsPakistan has reported total cement dispatches of 3.26Mt in February 2024, compared to 4.04Mt in the same period a year earlier. This marks a YoY decline of 19.2 per cent, according to the All Pakistan Cement Manufacturers Association. Local dispatches in February this year came in at 2.86Mt, down 20.2 per cent on the same period a year ago, reports Bol News, while cement exports have seen a drop of 11 per cent YoY with volumes falling from 444,962t in February 2023 to 395,935t in Februar... |
Azerbaijani exports up 14% in 202329 February 2024, Published under Cement NewsCement and clinker exports from Azerbaijan to Georgia advanced by 13.9 per cent YoY to 814,803t in 2023. The value of the exports increased by 34.4 per cent YoY to US$46.562m. There are four cement producers in Azerbaijan: Norm Cement with its 2.1Mta Qizildas plant in Garadagh, Holcim (Azerbaijan) OJSC with its 1.7Mta Qaradag works in Baku, Gazakh Cement Plant LLC’s 1.5Mta unit in Gazakh , and Gemikaya Azerbaijan with the 0.26Mta Araz facility in Nakhchivan. |
Iranian cement consumption up 30% in January29 February 2024, Published under Cement NewsIran’s cement market expanded 30.4 per cent YoY to 5.27Mt in January 2024 from 4.04Mt in January 2023, according to the Iranian cement association. Domestic cement producers manufactured 5.78Mt of cement and 6.21Mt of clinker in the first month of 2024, representing an increase of 33.2 and 31.8 per cent, respectively, when compared with January 2023. A total of 1.18Mt of cement and clinker was exported in January 2024 with cement exports advancing 63 per cent YoY to 0.44Mt but clinker ex... |