Cement News tagged under: international
Philippines imposes duties on Vietnam cement imports22 December 2022, Published under Cement NewsThe Philippines’ Department of Trade and Industry (DTI) has imposed duties on cement imports from Vietnam for five years. In a department order dated 16 December 2022, Trade Secretary Alfredo E Pascual said dumping of ordinary Portland cement Type 1 and blended cement Type 1P from Vietnam in the country poses an "imminent threat of material injury to the domestic cement industry". The move comes after the DTI reviewed the final report of the Tariff Commission (TC) regarding its invest... |
The rise of Bangladesh's clinker imports21 December 2022, Published under Cement NewsBangladesh’s cement industry is expanding with clinker imports rising for the last five fiscal years. According to the Chittagong Port Authority (CPA), the main seaport of Bangladesh, the authority handled 35.130Mt of clinker imports in the financial year 2021-22 (July–June), compared to 33.297Mt in the year-ago period, marking growth of 5.52 per cent. This compares to 21.49Mt in 2017-18, 24.82Mt in 2018-19, and 24.04Mt in 2019-20. Similarly, data from the Bangladesh Central Bank reports ... |
Deteriorating outlook for Latin American cement, says Fitch Ratings21 December 2022, Published under Cement NewsThe outlook for the cement market in Latin America is deteriorating, according to Fitch Ratings. This is being blamed on softening demand in most markets and persistent cost inflation, which will be partially mitigated by lower energy costs. The expectation of higher interest rates and continued inflationary pressures is expected to curb disposable income, resulting in a cooling off of demand in home improvement and remodelling trends. Lower government stimulus that had allowed for a stro... |
India to implement quality control measures for cement and concrete21 December 2022, Published under Cement NewsIndia plans to introduce quality control measures for the cement and concrete building materials industries by 2023, according to Reuters. The government reportedly believes that better standards will help the industries comply with international standards, which, in turn, will improve exporting opportunities. |
Cementis expansion to lead to lower cement price and self-sufficiency19 December 2022, Published under Cement NewsThe expansion of the Cementis cement plant in Ibity, near Antsirabe in Madagascar, is expected to lead to a significant drop in cement prices. Within three years, the price of a 50kg bag is forecast to fall to MGA14,000 (US$3.17), according to the country’s President, Andry Rajoelina. The project will increase the production at the cement plant to 1Mt from its current 180,000tpa, enabling the country to achieve cement self-sufficiency. |
Chile's cement demand contracts 15% in October19 December 2022, Published under Cement NewsCement demand in Chile has dropped by 15 per cent to 348,665t in October 2022, according to the Chilean Chamber of Construction (CChC). In October 2021 cement demand reached 410,424t. In the January-October period, demand fell by 12 per cent YoY to 3,190,518t from 3,624,776t in the 10M21. |
Peru’s cement market contracts 2% in November16 December 2022, Published under Cement NewsCement dispatches in Peru declined by two per cent in November 2022 to 1.167Mt from 1.185Mt in November 2021, reports domestic cement association, Asocem. Of this total, 1.119Mt were dispatched by Asocem members, who saw their deliveries slip by one per cent YoY. Cement production from Peruvian cement plants was down four per cent to 1.114Mt in November 2022 from 1.157Mt in November 2021. Clinker output edged up by one per cent YoY to 0.922Mt in November 2022. Cement exports fell by 45 pe... |
Spain’s sees 2% advance in cement demand16 December 2022, Published under Cement NewsCement consumption in Spain has increased 1.8 per cent YoY in November to 1,343,393t, reports Oficemen, the country’s cement association. It is the first increase after six months of contraction. Moreover, cement and clinker exports have advanced 24.7 per cent in November, surpassing the 500,000t mark when compared with November 2021. January-November 2022 In the first 11 months of 2022 cement demand in Spain slipped by 5000t to 13,740,392t when compared with the 11M21 although the dat... |
Cement deliveries in Morocco down 9% in November15 December 2022, 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 ) were down 9.4 per cent YoY to 1,112,013t in November 2022, according to the cement association. In the January-November 2022 period dispatches were down by 9.2 per cent to 11.544Mt when compared with the 12.719Mt dispatched in the 11M21. |
Cement industry seeks government support to overcome duty issues15 December 2022, Published under Cement NewsBangladesh's cement industry seeks relief from the government on the sudden imposition of supplementary duty on raw materials, along with nonadjustable Advance Income Tax (AIT), fuel shortages, high transportation costs, and increasing currency value. President of the Bangladesh Cement Manufacturers Association (BCMA), Alamgir Kabir, gave a current picture of the country's cement sector at a press conference in Dhaka. According to local media sources, the BCMA raised concerns over the si... |