Cement News tagged under: international
Honduran president calls for lower cement prices20 September 2018, Published under Cement NewsJuan Orlando Hernández, president of Honduras, has called upon cement producers to lower their prices, according to La Tribuna. He appealed to the cement companies to enable more investment into concrete roads as the country expands its infrastructure and shifts from asphalt roads to concrete. At present a 42.5kg bag of cement in Tegucigalpa and surrounding area costs HNL195, but at the start of each year, cement prices usually rise in line with inflation and the depreciation of the lemp... |
FEI: Egypt faces oversupply20 September 2018, Published under Cement NewsCement demand declined in 1H18 to 25Mt, compared with 26Mt in 1H17, according to Noha Bakr, the head of the cement committee of the Federation of Egyptian Industries (FEI). In 2017 domestic consumption decreased 4.5 per cent YoY despite ongoing mega projects, Mr Bakr said. He added that the main challenge for the industry remains oversupply as stockpiles rose by 2.3Mt in 1H18 to 7.1Mt. |
Bolivian economic downturn leads to pricing war19 September 2018, Published under Cement NewsThe economic slowdown in Bolivia is driving cement companies into a pricing war, according to Esmerk Latin American News. The cost of a 50kg bag of cement has fallen to BOB46 (US$6.66) from BOB75 over the past five years as cement producers vie for market share. Currently, in Santa Cruz, Itacamba sells its cement at BOB44-45/bag while Fancesa’s product is priced at BOB45-46/bag. Itacamba has multiplied its supply by five after opening a new factory in Yacuses in 2017. Fancesa’s second p... |
Ukrcement carries out cement quality study19 September 2018, Published under Cement NewsUkraine’s cement association, Ukrcement, has carried out a new study into the quality of cement on the consumer market. The research found that over 80 per cent of cement with incorrect labelling was counterfeit. "According to the new quality study of 50 cement bags with wrong labeling, 82 per cent of cement proved to be counterfeit, more than 50 per cent of samples had less weight than declared, 56 per cent with weaker strength were not cement at all, because they did not comply with reg... |
Pakistan's cement industry faces additional challenges18 September 2018, Published under Cement NewsPakistan's Finance Minister and chair to the Economic Coordination Committee (ECC), Asad Umar, has announced an increase in gas tariffs for all industrial sectors from 10 to 143 per cent, to take effect from October. The ECC approved a rise in gas prices for a range of sectors, including the cement industry, which is expected to see the cost of gas rise by 30 per cent from PKR750/mmBtu (US$6.05/mmBtu) to PKR975/mmBtu. In addition, it is expected that Mr Umar will present a 'mini-budge... |
Iran’s cement exports up 32%17 September 2018, Published under Cement NewsIran’s cement exports expanded by 32 per cent during the first four months of the current fiscal year (20 March-22 July 2018), according to the country’s Customs Administration. The country exported cement to the value of US$107m, representing a 32 per cent YoY rise, and a volume of 2.7Mt, up 24 per cent YoY. In addition, 2.2Mt of clinker was exported with a value of US$60m. Destinations included Kuwait, Iraq, Afghanistan and Bangladesh. Cement and clinker exports to Oman and Kuwait saw... |
India’s coal shortage likely to continue until the end of September17 September 2018, Published under Cement NewsShortages of coal for India’s non-power sector are likely to continue until the end of the September, according to Coal India Ltd (CIL). A surge in power demand at the start of summer has led to the coal giant diverting supplies from cement, aluminium and other sectors. This resulted in a rise in fuel costs for cement producers as they needed to import coal to continue operating their plants. Moreover, the ministries of railways and coal had diverted most of the available rail wagons to pow... |
Graphene may have commercial use as concrete additive14 September 2018, Published under Cement NewsZenyatta Centures Ltd's research with the University of Toronto into cement strength when using small quantities of graphene from Albany Graphite has led to some startling results. Using just 0.02 per cent of the graphene product when combined with cement saw compressive strength of cured cement paste increase by 39 per cent, reports Junior Mining Network. Professor Deman Panesar, University of Toronto Department of Civil & Mineral Engineering, said, "This encouraging preliminary result ... |
Tanzania's coal supply expected to increase to support cement industry14 September 2018, Published under Cement NewsTanzania’s State Mining Corp (STAMICO) has announced plans to increase coal production, which will support the cement industry as it has recently reported a shortage of the material. The coal shortage resulted in a rise in cement prices, according to The Citizen. "To implement the government directives, we will begin to sell coal to local cement producers and the surplus will be exported," said Alex Rutagwelela, acting exploration and drilling director. Despite currently producing 18,600t... |
Moroccan market expands 8% in July13 September 2018, Published under Cement NewsCement demand in Morocco increased 7.8 per cent YoY to 1,298,479t in July 2018 from 1,204,101t in the previous year, according to data from the country's Ministry of Housing and Urbanisation. In the largest market, Casablanca-Settat, consumption edged up by 3.8 per cent to 282,680t. Sales in Marrakech-Safi, the second-largest consuming region, rose by 20.9 per cent to 180,131t. Advances were only higher in the much smaller markets of Guelmim (15,403t) and Drâa-Tafilalet 48,933t) where cons... |