Cement News tagged under: international
Brazil's cement market expands 3% in August10 September 2019, Published under Cement NewsApparent cement consumption in Brazil edged up 2.9 per cent YoY to 5.1Mt in August 2019, according to the country’s cement association, SNIC. Domestic cement sales increased three per cent to 5.1Mt in August 2019 when compared with August 2018. When considering the number of business days, daily sales were up 5.1 per cent YoY and 4.1 per cent MoM. In terms of regions, the southeast led growth with deliveries up 7.1 per cent YoY, followed by the southern region, which saw sales increase b... |
Indian cement companies amongst bidders for coal blocks10 September 2019, Published under Cement NewsIndia’s UltraTech Cement, ACC Cement and Reliance Cement are amongst the prospective bidders for the auction of 27 coal blocks. To attract investors, the government has allowed the sale of up to half the output to Coal India at a notified price, while a further 25 per cent can be sold in the open market. However, block operators have to consume at least 25 per cent of their produce in their own plant, according to The Economic Times. The Coal Ministry has also increased the time limit for... |
Colombian cement market expands 12% in July10 September 2019, Published under Cement NewsColombia’s cement consumption increased 12.4 per cent YoY in July 2019 to 1.113Mt, reports the country’s statistics office, DANE. Domestic cement production increased 9.5 per cent YoY in July 2019 to 1.118Mt. Building companies and contractors increased their offtake by 15.8 per cent YoY while sales in the retail sector rose by 12.4 per cent. Sales to ready-mix concrete companies increased by 9.5 per cent. Sales in the key market of Antioquia were up 15.2 per cent YoY in July while in Val... |
Pakistan cement industry's future outlook10 September 2019, Published under Cement NewsThe margins of the Pakistani cement industry remain under pressure in FY19 and this trend is likely to continue in FY20 on the back of poor demand, higher coal prices and interest rates, lesser allocation for development projects, and competition in local and overseas markets. Reviewing the industry performance, experts observed in the local media that the industry started making expansion plans soon after the then-government signed CPEC agreements with the Chinese government in anticipa... |
Turkmenistan's Lebap plant begins testing new cement products09 September 2019, Published under Cement NewsTurkmenistan’s Lebap cement has begun test production of M-400 D-20 and M-500 D-20 cement, which includes ground basalt powder as a locally-sourced additive. Currently the most popular products in the market are M-400, M-500 and M-400 sulphate-resistant cement. Kelyata Plant also produces drilling Portland cement (DPC)-1-100 for use in the oil and gas industry. So far this year, Lebap has exported around 160,000t of cement to Uzbekistan and Afghanistan. |
Argentina records 6% fall in dispatches for August06 September 2019, Published under Cement NewsArgentina has recorded a 5.8 per cent YoY decrease in cement dispatches to 1.052Mt for August 2019, compared with 1.117Mt in the year-ago period. Domestic dispatches fell to 1.047Mt from 1.113Mt, while exports declined to 4230t from 4611t in August 2018. The country’s demand was met by domestic production and as such, no imports were recorded for the month. |
LafargeHolcim Côte d’Ivoire opens new cement depot05 September 2019, Published under Cement NewsLafargeHolcim Côte d’Ivoire has opened a new cement warehouse in Bouaké, in the north-central region, with traders now able to buy quantities larger than or equal to 10t without having to travel to Abidjan. The new depot is based at the old Gonfreville plant, with all bagged products (Classics, Extra and Superbric) available, according to the company. |
Indian cement demand growth forecast to slow in FY2003 September 2019, Published under Cement NewsGrowth in Indian cement demand is expected to slow to seven per cent in the FY19-20, against 13 per cent demand growth in the FY18-19, according to ICRA. However, average prices in the current fiscal year are likely to be higher while manufacturing costs will decrease. "We expect cement demand growth to taper off in the FY19-20 after a strong double-digit growth in the previous year. This is already being reflected in tepid growth in the 1QFY19-20, on the back of slowing of the project exe... |
Cement prices in Punjab rise after trade suspension03 September 2019, Published under Cement NewsAfter the suspension of trade between India and Pakistan on 10 August, the price of cement in Punjab has increased by almost INR100/bag (US$1.38/bag), according to the Hindustan Times. Therefore, the price of a cement bag has risen from INR260-275 to INR360-375. "Since Pakistan suspended trade with India, comparatively cheaper Pakistani cement has triggered a price rise in the domestically manufactured cement," said MPS Chatha, president of the All India Cement Importers Association. Befo... |
Uzbekistan's cement imports rise 32% in 7M1902 September 2019, Published under Cement NewsIn the first seven months of 2019, Uzbekistan has recorded a 32.3 per cent YoY increase in cement imports at a total value of US$105.6m, according to the State Statistics Committee of Uzbekistan. In the overall structure of building material imports, the share of cement has increased to 14.1 per cent. However, domestic cement production also rose 17.6 per cent to 5.399Mt in January-July 2019, compared with 4.69Mt in the year-ago period. Next month Uzbekistan is set to abolish the customs... |