Cement News tagged under: exports
Pakistan to contest ITAC ruling02 June 2015, Published under Cement NewsThe government of Pakistan is to challenge South Africa’s recent decision to impose duties on imported cement from the country. “We are analysing the detailed report of International Trade Administration Commission of South Africa (ITAC) to determine our course of action,” an official of the Pakistan National Tariff Commission (NTC) told Dawn media (Pakistan) on Friday. Last month, ITAC imposed provisional anti-dumping duties ranging from 14.29 per cent to 77.15 per cent on Portla... |
Domestic demand buoys Pakistan dispatches in first 10 months01 June 2015, Published under Cement NewsA total of 29Mt of cement was dispatched during the first 10 months (July 2014 - April 2015) of the current Pakistan versus 28Mta in the same period of last year due to a rise in domestic demand, the All Pakistan Cement Manufacturers Association (APCMA) said. Total dispatches in April 2015 were 3.29Mt compared to 3.21Mt during the same month last year, up by 2.62 per cent. Monthly domestic dispatches increased by 4.57 per cent to 2.65Mt. Meanwhile, exports fell by 4.72 per cent to 0.64Mt ... |
Pakistan cement exports see monthly gains27 May 2015, Published under Cement NewsPakistan's cement exports during April 2015 showed sequential gains but declined over the first 10 months of the current fiscal on an annual comparative basis, with shipments to its main market of Afghanistan down by almost a quarter. In April 2015, Pakistan exported 614,732t of cement on revenues of US$33.36m, up by 40.02 and 33.51 per cent, respectively compared to the previous month. However, on an annual basis, export volumes were down by 14.9 per cent while the value in dollar ter... |
Peru cement market contracts 7% in April 201518 May 2015, Published under Cement NewsPeru’s cement deliveries fell 7.1 per cent YoY to 800,000t in April 2015 due to lower government spending and climate factors, according to Asocem, the Peruvian cement association. El Niño is expected to continue to affect the construction industry going forward as the climate phenomenon brings inclement weather to Peru. However, public expenditure is forecast to improve as the state government has increased spending by 26 per cent and regional governments by 42 per cent. Cement produc... |
Indonesian consumption contracts in April12 May 2015, Published under Cement NewsFollowing a disappointing performance over the first three months of this year, there's still no recovery in sight for Indonesian cement consumption as latest figures show demand contracted again in April. After registering a 3.2 per cent drop YoY in 1Q15, last month demand was down by 1.1 per cent to 4.47Mt. However, the pace of decline eased from the 6.2 and 6.4 per cent reductions recorded in February and March 2015, respectively. Year-to-date update For the first four months of 2... |
Bangladesh, Indonesia and Taiwan remain Vietnam's top importers12 May 2015, Published under Cement NewsBangladesh, Indonesia and Taiwan remained among the largest importers of Vietnamese clinker and cement in the first quarter of this year, according to the Vietnamese Ministry of Industry and Trade. Bangladesh accounted for the largest amount with 1.83Mt of cement worth US$70.13m, followed by Indonesia with 828,317t worth US$37.1m and Taiwan ranked third with 272,396t worth US$11.71m. Next in line was the Philippines with 239,900t worth US$9.46m, and Laos with 115,701t worth US$9.28m. ... |
Advance in Argentine April cement consumption11 May 2015, Published under Cement NewsIn April 2015 Argentine market demand expanded by eight per cent MoM while compared to April 2014, the figure rose by 16.7 per cent to 1,045,369t, according to the country’s cement association, AFCP. Domestic cement producers delivered 1,053,939t, including exports, representing a 7.5 per cent MoM and a 16.4 per cent YoY increase. |
PT Indocement29 April 2015, Published under Cement NewsBuoyed by a seven per cent increase in revenue in 2014 to IDR19,996bn (US$1.54bn), Indocement is pressing ahead with its capex plans this year. Gross profit also grew, up by five per cent to IDR9086bn, while EBITDA fell slightly by 0.3 per cent to IDR6853bn. By the end of 2015, the company’s new 4.4Mta plant in Citeureup is due to be operational, while it has also received AMDAL certification for its plant in Pati, Central Java. The Pati plant will have a production capacity of 2.5-4Mta a... |
Lucky Cement posts double-digit rise in 9M net profit, Pakistan24 April 2015, Published under Cement NewsLucky Cement recorded net profit for the nine months ending 31 March 2015 of PKR9.30bn (US$91.5m), up 13.7 per cent YoY. The company's gross profit increased by 7.2 per cent during the nine months as its net sales revenue improved by 5.38 per cent to PKR33.15bn against PKR31.45bn for the corresponding period of last year. The increase in net sales revenue was attributed to a 4.03 per cent increase in volume and 1.35 per cent increase in net retention prices. Sales volumes increase... |
Pakistan export volumes and revenues down over first nine months23 April 2015, Published under Cement NewsPakistan cement exports in the first nine months of the current fiscal fell 6.75 per cent YoY to 6Mt. Export revenues, meanwhile, were down by 6.86 per cent to US$349.04m over the July 2014-March 2015 period. In terms of the Pakistan rupee, exports fell by 9.54 per cent to PKR35.31bn and the average price was down to US$58.08m versus US$58.15m in the year-ago period. In March 2015 alone, Pakistan exported 439,017t of cement on revenues of US$24.99m, representing a MoM decline of 16.38 ... |