Cement News tagged under: exports

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Pakistan cement industry records revenue growth of 3.4% in FY15

28 September 2015, Published under Cement News

Pakistan's domestic dispatches grew by 7.9 per cent YoY in FY15 to 28.2Mt, while exports fell 11.6 per cent YoY to 7.2Mt. The drop in exports limited revenue growth in the Pakistan cement sector to 3.4 per cent YoY. Overall profitability increased by 20 per cent YoY in the last fiscal to PKR35.6bn compared with PKR29.7bn in FY14.   The outlook on local dispatches remain strong due to the initiation of China–Pakistan Economic Corridor (CPEC) projects and the construction of major dams...

Argentina sees August cement sales edge downward

14 September 2015, Published under Cement News

In August 2015 Argentina’s cement producers dispatched 981,621t of cement (including exports), down 8.6 per cent MoM and 2.2 per cent YoY, according to the country's cement association, AFCP. The country’s cement demand fell by 8.6 per cent MoM but by only 1.6 per cent when compared with August 2014. Total domestic shipments reached 977,469t and no cement was imported. For the first eight months of 2015, Argentina’s cement consumption supplied by domestic producers reached 7,924,210t,...

Pakistan's August sales buoyed by domestic dispatches

09 September 2015, Published under Cement News

Pakistan cement dispatches rose by 10.24 per cent in August 2015 to 3.061Mt despite a 31 per cent drop in exports. According to the data released by All Pakistan Cement Manufacturers Association (APCMA), domestic sales during August 2015 increased by 28 per cent to 2.494Mt from 1.94Mt a year earlier. Dispatches from the North Zone were up by 22.8 per cent YoY to 2.024Mt (August 2014: 1.648Mt), while in the South Zone sales increased to 0.47Mt from 0.3Mt in the same month of the previous y...

Spain: rising from the recession

07 September 2015, Published under Cement News

As Spain’s economy starts to recover from the recession, domestic cement demand finally appears to be picking up after six consecutive years of contraction since 2008. So deep was the downturn that demand remains at historically low levels, but the long-awaited upturn witnessed in 2014 should mark the start of a gradual rebound in volumes. As Spain emerges from economic recession, the cement sector can look forward to a slow, but upward path to sustainable cement demand Spain...

Pakistan’s cement exports continue to fall

03 September 2015, Published under Cement News

Pakistan cement manufacturers and exporters during the month of July 2015 exported 469,406t of cement and earned export revenue of US$ 27.52m compared to 508,541t at US$30.25m in June 2015. This was a  fall of 7.7 per cent and nine per cent in terms of quantity and value, respectively on MoM basis, says data of Pakistan Bureau of Statistics. But, if compared with data of July 2014 (553,226t at US$32.60m) the YoY fall deepened by 15.15 per cent and 15.56 per cent in terms of quantity and va...

Iran four-month export update

24 August 2015, Published under Cement News

In the first four months of the Iranian calendar year around 5.167Mt of cement was exported, the Islamic Republic of Iran Broadcasting (IRIB) quoted Abdolreza Sheikhan, Secretary of the Iranian Cement Industry Employers, as saying. Cement production in the four-month period totaled 20.889Mt. In the fourth month (starting 23 July 2015) of the year output reached 5.262Mt, of which 653,999t was exported, Sheikhan added. Iran exports cement to some two dozen countries including Iraq, Azerbaij...

Vietnam monthly sales up by a quarter

17 August 2015, Published under Cement News

Vietnam cement and clinker sales reached 6.5Mt in July, up 25 per cent YoY, the country's Association for Building Materials under the Ministry of Construction (MoC) announced. Of the total volume, 5.15Mt were sold at the domestic market, up 22 per cent YoY, while 1.35Mt (+37 per cent YoY). In the first seven months, Vietnam’s cement and clinker sales rose 10 per cent YoY to 40.98Mt, fulfilling 57 per cent of the year’s target, including 9.77Mt (+13 per cent YoY). The growth of cemen...

Pakistan monthly sales ahead despite heavy rains

12 August 2015, Published under Cement News

Pakistan’s domestic cement dispatches increased by 4.19 per cent in July 2015 to 1.8Mt. Exports, however, declined by 7.45 per cent to 465,000t. Total cement dispatches during the first month of the current fiscal year reached 2.26Mt, a slight increase of 1.56 per cent YoY. The increase in domestic sales was achieved despite heavy rains that affected construction activity in many parts of the country. Dispatches in the North Zone reached 1.52Mt from 1.42Mt a year earlier. However, ...

Iran nuclear deals may affect cement exports from Pakistan

11 August 2015, Published under Cement News

Pakistan exporters and brokerage houses have shown mixed reactions on Iran's nuclear deal with major world powers, with some expecting Pakistan’s cement exports to decline after the lifting of sanctions on Iran. “I think the drop in Pakistani cement exports may range between 10 and 15 per cent after December 2015,” an official of a leading cement maker told local media. An analyst at KASB Securities said the removal of sanctions on Iran will not aggravate current competition situation in...

Pakistan export pressures continue through FY14-15

10 August 2015, Published under Cement News

Pakistan exported 7.682Mt and earned US$443.63m in FY14-15 (July 2014 - June 2015) compared to 8.81Mt at US$508.15m, according to data from the country's Bureau of Statistics. The data translates to a fall of 12.88 per cent and 12.77 per cent in terms of quantity and revenue, respectively. Statistics show that exports to Afghanistan were down by 21.4 per cent to 2.87Mt compared to 3.65Mt during FY13-14. A spokesman for the All Pakistan Cement Manufacturers Association attributed the d...