Cement News tagged under: Exports
Robust cement sales growth for Indonesia in May12 June 2024, Published under Cement NewsCement sales in Indonesia amounted to 5.678Mt in May. This is an increase of 11.2 per cent YoY compared to the 5.008Mt reported a year earlier. Regional sales reported growth across all areas led by Kalimantan where the development of Indonesia’s new capital, Nusantara, is ongoing. Sales there rose 32.2 per cent YoY in May to 475,672t up from 359,758t. Local dispatches in Bali-Nustra rose 23.9 per cent YoY to 346,822t from 280,184t. Java, the country’s largest market, saw sales rise 12.4 ... |
Senegal market expands 7% in April10 June 2024, Published under Cement NewsCement sales in Senegal were up seven per cent from 525,000t in April 2023 to 562,000t in April 2024, according to Senegal’s Ministry of Planned Economy and Co-operation. Cement producers produced 702,800t in April 2024, up 1.3 per cent YoY, from 693,500t in the equivalent period in 2023. Of this total, they exported 147,400t, which represents a 7.4 per cent drop from 159,200t in April 2024. January-April 2024 In the first four months of 2024, Senegal’s cement market expanded by 1.6 per ... |
DG Khan Cement is exploring other destinations for export07 June 2024, Published under Cement NewsBMA Capital recently organised a webinar with Inayat Ullah Niazi, the CFO of DG Khan Cement Co (DGKC). The webinar focussed on the company’s financial performance and outlook. DG Khan Cement's CFO expects an unfavourable macroeconomic environment to cause domestic cement demand to contract by 4-5 per cent in FY23-24. However, he anticipates a recovery in demand and sees capacity utilisation hovering around 50-55 per cent in FY24-25. In terms of exports, Mr Niazi said DGKC exporte... |
Peru's cement consumption up 8% in April05 June 2024, Published under Cement NewsCement dispatches in Peru increased eight per cent YoY to 0.97Mt in April 2024, according to the country’s cement association, ASOCEM. Of this total, 0.886Mt were delivered by the association’s members. However, domestic cement producers reduced their cement output by five per cent YoY to 0.869Mt while clinker output advanced by 27 per cent YoY to 0.801Mt in April 2024. External trade Cement exports fell by 33 per cent YoY to 9000t in April 2024, but clinker exports edged up by one per... |
Pakistan's cement industry exhibits a mixed performance in May 202405 June 2024, Published under Cement NewsThe All Pakistan Cement Manufacturers Association (APCMA) data reveals a mixed performance in May 2024 when the country’s total cement dispatches increased by 7.8 per cent to 4.275Mt in May 2024 from 3.965Mt dispatched during the same month of previous financial year. However, YoY local cement dispatches declined by 2.2 per cent, while exports surged by 72.2 per cent. This significant increase of overseas shipments, from 533,215t in May 2023 to 917,96t in May 2024, not only indicates a promi... |
Peruvian cement dispatches contract 8% in March04 June 2024, Published under Cement NewsCement dispatches in Peru declined by eight per cent YoY to 0.897Mt in March 2024, reports the Peruvian cement association, ASOCEM. Of this total, 0.825Mt was dispatched by ASOCEM members. Cement production by ASOCEM members slipped by three per cent YoY to 0.869Mt, but clinker production by members advanced by six per cent YoY to 0.821Mt in March 2024. External trade Cement exports dropped by 23 per cent YoY to 10,000 while domestic cement producers increased their clinker exports by ... |
Dangote Cement commits to CNG trucks by 202531 May 2024, Published under Cement NewsDangote Cement has pledged that all of its trucks will be operating on compressed natural gas (CNG) by the end of 2025, reports Vanguard. According to the company, investments are already being made to ensure that thousands of its delivery trucks are run on CNG as part of the federal government’s agenda on the use of alternative fuels for official vehicles. The announcement came at Dangote’s annual general meeting in Lagos, where the company also gave an update on the ongoing construct... |
Brazil's cement market expands 12% in April30 May 2024, Published under Cement NewsCement dispatches in Brazil increased 12.3 per cent YoY to 5.142Mt in April 2024 from 4.577Mt in April 2023. Dispatches advanced 5.7 per cent MoM from 4.865Mt in March 2024, when sales fell by 10.4 per cent YoY, according to the country's cement association, SNIC. While the country's unemployment rate has fallen and wages have increased, cement consumption continues to be affected by high default rates and household debt. In addition, the interest rate persists to be high. "Given this sc... |
April disappoints for Iran cement but YtD robust30 May 2024, Published under Cement NewsIranian cement sales came in at 4.051Mt in April, down 10 per cent YoY from 4.5Mt a year earlier, according to the Iranian cement association. Producers manufactured 4.676Mt of cement and 6.97Mt of clinker, decreases of 4.4 per cent and four per cent, respectively, when compared with April 2023. A total of 1.029Mt of cement and clinker were exported in April, an increase of 9.8 per cent YoY, with cement exports decreasing 9.4 per cent YoY to 0.348Mt, but clinker exports rising 23.1 per c... |
Spanish cement sales outlook improving but exports likely to remain weak29 May 2024, Published under Cement NewsCement consumption in Spain recovered in April after poor weather and fewer working days weighed heavily on the 1Q24. Sales rose 11.5 per cent YoY to 1.324Mt, up from 1.188Mt in April 2023, according to the Spanish cement association, Oficemen. Oficemen notes that "it's the first month in positive after ten in decline. However, this percentage of growth has been influenced by the calendar effect, with the month of April of this year with more working days” and that when looking at working-da... |