Cement News tagged under: imports
Steppe Cement posts first half loss, Kazakhstan11 September 2012, Published under Cement NewsKazakhstan-based cement producer Steppe Cement Ltd posted a consolidated loss after tax of US$0.1m for the six months ended 30 June 2012. Revenue six months ended June 30 were US$52.16m (2011: $43.06m) while pretax profit was US$391,000 (2011 loss: US$2.84m). The company’s sales volumes increased by two per cent to 615,838t and the average sales price increased from USD72/t to USD86/t during the period. Production costs per tonne increased by 11 per cent in US dollar terms. The hike was... |
US first half shipments rise 15 per cent06 September 2012, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico for the six months to June reached 37Mt, up by about 15 per cent, according to the latest data from the US Geological Survey. The leading producing states in June were Texas, Missouri, California, Michigan, and Florida, in descending order and accounted for 42 per cent of total output. The leading consuming states (Texas, California, Florida, Ohio, and Illinois, in descending order) received about 35 per cent of the J... |
East African import concerns03 September 2012, Published under Cement NewsThe East Africa Cement Producers Association (EAPC) has flagged concerns over the increasing threat of imports to the region. The associaion yesterday warned that cement ports are not being subjected to the same technical standards and regulations as domestic cement, increasing the chance of sub-standard products being used in projects. “Cement is a very sensitive commodity yet the quality issues on imports are not being addressed at such a time when the number of collapsing buildings ... |
Texas Industries asks Commerce to probe Greece, Republic of Korea imports28 August 2012, Published under Cement NewsTexas Industries, through its subsidiary TXI Operations, submitted a letter on 24 August 2012 to the Department of Commerce and the Interagency Trade Enforcement Center, asking that Commerce self-initiate anti-dumping and countervailing duty investigations of "unfairly priced" Portland cement from Greece and the Republic of Korea into the Texas region, USA. TXI believes that imports from Greece and Korea are being sold at less than fair value (ie, dumped) and benefit from government subsid... |
Bolivian first-half sales rise 10.62 per cent09 August 2012, Published under Cement NewsIn the first half of this year, Bolivian sales increased by 10.62 per cent compared to the same period of 2011 and manufacturers expect demand will continue to rise. According to the Bolivian Institute of Cement and Concrete (IBCH), in the first six months of 2012 1,271,069t of domestic cement were sold and 52,382t imported, totaling 1.3Mt. In the same period in 2011, 1,196,312t of domestic and imported were sold, which means an increase of 10.62%. Cement consumptionin the department... |
Bangladesh clinker imports to become more costly11 June 2012, Published under Cement NewsWhile presenting his Budget Speech July 2012 to June 2013, Abul Maal Abdul Muhith, Minister for Finance, Government of Bangladesh has proposed that import duty on clinker to be imported by registered cement manufacturers will be increased from BDT350/t to BDT500/t. In addition, duty other cement clinker imports will rise from BDT 550/t to BDT750/t. In FY11, Bangladesh imported US$446m worth of clinker compared to US$333m in FY 2010 - representing a growth of 34%. The country usually im... |
Nigeria: cement manufacturers seek import ban23 April 2012, Published under Cement NewsNigerian cement manufacturers have called on the federal government to ban bulk cement imports before the government’s August deadline, claiming that the volume of cement currently produced in the country is enough to meet local demand. “[The] Government should enforce the ban before the August deadline,” said Mr Daljeet Ghai, Dangote Cement group chief executive. “Dangote alone has the capacity needed to meet local demand and sustain supply of the commodity across the nation,” he said. B... |