Cement News tagged under: international
Cement output in Italy declines 2% in October09 January 2024, Published under Cement NewsCement production in Italy slipped by two per cent YoY in October 2023, according to the Italian concrete association, Federbeton. When compared with the 2015-baseline index of 100, output edged up to 101. The country imported 162,219t of grey cement in September 2023, up 13 per cent YoY, with a total CIF value of EUR14.424m, or EUR89/t. Exports increased by four per cent YoY in September 2023 to 121,555t, with a total FOB value of EUR12.556m, or EUR103/t. Year-to-date 2023 In the fi... |
Afghan coal price surge impacts northern Pakistan cement production costs08 January 2024, Published under Cement NewsA spike in Afghan coal prices has affected the cost of cement production in northern Pakistan. JS Research reports that the northern-based cement companies, which operate 20 of the 26 production lines in Pakistan, are facing the challenge of high production costs due to a recent rise in imported coal prices. The cost trade-off between Afghan and international coal remains dynamic, leading to difficulties for the industry. The northern region players face costs of around PKR53,000/t (US$188.... |
Cement prices rise in Sri Lanka08 January 2024, Published under Cement NewsThe maximum retail price of a 50kg bag of cement has been increased in Sri Lanka by LKR150 (US$0.466) with immediate effect, cement manufacturers said. They said the price was increased due to the imposition of the value-added tax on 1 January. Accordingly, the new retail price of a 50kg bag of cement is LKR2450 (US$7.62). Meanwhile, National Construction Workers Union (NCWU) secretary, Supun Abeysekara, told the local Daily Mirror that though only a three per cent VAT should be impose... |
Cement industry looks forward to sustainable progress in 202405 January 2024, Published under Cement NewsAs we enter a new year, all eyes are on what the future holds for the cement industry following a mixed performance in 2023 that saw many key markets underperform. Global cement demand fell by 1.2 per cent in 2023 to 4025Mt, following a 5.1 per cent decline in 2022, according to The Global Cement Report, 15th Edition (GCR15). Of course, China continues to dominate, having consumed 2119Mt in 2022, accounting for 52 per cent of demand. However, demand here has now plateaued, according to ... |
Pakistan sees drop in 1HFY23-24 dispatches05 January 2024, Published under Cement NewsPakistan's cement dispatches increased by 4.6 per cent in December 2023 to 4.06Mt against 3.881Mt dispatched in December 2022. Out of this total, according to the data released by All Pakistan Cement Manufacturers Association (APCMA), local cement dispatches were 3.536Mt compared to 3.676Mt in December 2022, showing a decline of 3.8 per cent. However, more positive news came from the overseas markets as export dispatches increased by a considerable 155.9 per cent as the volumes jumped from 2... |
Moroccan cement deliveries advance 19% in December05 January 2024, Published under Cement NewsCement deliveries by members of Morocco’s cement association APC (Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc) have increased by 19.1 per cent YoY to 1,122,290t in December 2023 from 942,317t in December 2022, according to he Ministry of National Territory Planning, Land Planning, Housing and Urban Policy. Of this total, deliveries to the retail segment were up 8.7 per cent YoY to 641,266t in December 2023 from 589,721t in the year-ago period, while the deliv... |
Zimbabwe announces new cement plant05 January 2024, Published under Cement NewsA new US$1bn cement plant project has been launched in Karoi Town, Zimbabwe. The project, which is being funded by Chinese investors, will be completed within the next two years and marks a partnership between Labenmon Investments (Pvt) Ltd and West International Holding, according to The Zimbabwe Mail. The new facility will include a 2.7Mta dry-process clinker cement production line, a 100MW power generation unit and a 0.9Mta cement grinding station. “West International Holding has t... |
Saudi cement demand to see 3% uptick in 202405 January 2024, Published under Cement NewsCement demand in Saudi Arabia is forecast to advance by three per cent in 2024 in terms of volumes, compared to a decline of eight per cent in 2023, reports Aljazira Capital. The first 11 months of 2023 saw local dispatches fall to around 43Mt, marking a 7.4 per cent contraction YoY, mainly driven by weak construction activity in the housing sector. Going forward, demand is expected to come primarily from the construction of giga projects, fuelled by government spending. According to ... |
Cement shortage hits Zimbabwean economy04 January 2024, Published under Cement NewsZimbabwe’s economic growth in the third quarter of 2023 was hit by a shortage of cement, according to local news source, Chronicle. The country’s economy grew by just 1.3 per cent over the three-month period, reports the Zimbabwe National Statistics Agency, driven by a 36.7 per cent slowdown in construction activity, which was reportedly due to a lack of cement supplies. Plant breakdowns and scheduled maintenance meant that local producers, including PPC Zimbabwe , Khaya Cement and Si... |
Colombia's cement market contracts 1% in November03 January 2024, Published under Cement NewsCement dispatches in Colombia fell by 1.3 per cent YoY to 1.103Mt in November 2023 from 1.118Mt in the year-ago period, according to the country’s statistics office, DANE. Of this total, the retail sector reported a 2.5 per cent uptick, but ready-mix concrete companies reduced their off take by 4.2 per cent, and deliveries to construction companies and contractors were down by 6.1 per cent YoY. Bulk dispatches decreased by 3.7 per cent YoY while bagged cement deliveries slipped by 0.2 per ... |