Cement News tagged under: trading
Pakistan first-half domestic sales rise, exports remain under pressure07 January 2013, Published under Cement NewsPakistan has recorded a rise in domestic cement sales in the first half of the current fiscal but export levels continue to remain under pressure. Latest data from the All Pakistan Cement Manufacturers’ Association (APCMA) shows that local dispatches in 1HFY12-13 rose by 7.61 per cent to 11.728Mt YoY however exports declined by 5.28 per cent during the period to 4.22Mt. Cement units located in the south registered growth of 7.98 per cent in local dispatches but a 16.34 per cent decli... |
Federal government steps in to help resolve oversupply dispute, Nigeria07 January 2013, Published under Cement NewsNigeria’s Federal Ministry of Trade and Investment has stepped in to mediate in a dispute over a supply surplus being created in the local industry. Last week, a statement by Dangote Cement's head of corporate communications Anthony Chiejina said that Dangote and Lafarge WAPCO Cement were worried about Ibeto Cement Company continuing to import cement into Nigeria, despite the capacity of local manufacturers to meet demand. The oversupply has led to the closure of the Gboko plant run by Da... |
Pakistan export volumes fall, rise in value terms03 January 2013, Published under Cement NewsDuring the first five months of the current fiscal (FY12-13) Pakistan exported 3.612Mt of cement and earned US$245.48m compared to 3.624Mt at US$192.31m in the corresponding period of last year. This shows that cement exports rose 27.65 per cent in terms of value in dollars but fell by 0.32 per cent in terms of quantity over the July-November FY11-12 period, according to data by Pakistan’s Federal Bureau of Statistics. However, in terms of the Pakistan rupee, exports rose 39.68 per cent... |
Iran cement production rises 5.85% in first nine months of the year03 January 2013, Published under Cement NewsIran produced 53.16Mt in the first nine months of the current Iranian year (beginning 20 March 2012), representing a 5.85 per cent increase on the 51.65Mt produced in the same period of last year. The country produced 53.39Mt of clinker over the same period, 5.8 per cent higher than the 50.46Mt manufactured in the first nine months of the previous year. Exports of cement and clinker over the nine month period amounted to 10.45Mt (comprising 9.28Mt of cement and 1,17Mt of clinker) achi... |
Algerian Jan-Nov12 imports increase 92%03 January 2013, Published under Cement NewsThe first 11 months of 2012 saw Algeria increase its cement imports by 91.95 per cent, according to Algerian customs figures. In terms of value, imports rose from US$117.4m to US$225.4m while in terms of volumes, the advance reached 96.61 per cent from 1.267Mt to 2.492Mt. The high demand for the product, particularly in the dry season from March to August, has been the main cause of this import hike. The country currently has a cement deficit of over 2.5Mta. |
Tanzania: request to protect local cement firms declined07 December 2012, Published under Cement NewsThe Tanzanian government has again rejected local cement producers' pleas for an increase in the common external tariff on cement imports. Instead, the cement companies have been asked to calculate their genuine production costs so that the government can help them compete fairly with their foreign counterparts. The Minister for Trade and Industry, Dr Abdallah Kigoda, said in Dar es Salaam that the government is not planning to remove the suspended duties on imported cement, but would inst... |
INC call for tougher cement import controls in Paraguay07 December 2012, Published under Cement NewsParaguay’s Industria Nacional de Cemento (INC) has called upon the Ministry of Industry and Commerce (MIC) to require precertification of the quality of imported cement. The company said the large inflows of imported cement are damaging its sales on the domestic market. INC head Carlos Krüssel said that the cement producer had already asked the National Customs Directorate (DNA) for more controls on cement imports. He added that the National Institute of Technology, Standardisation and Me... |
India: cement firms hit by high coal prices07 December 2012, Published under Cement NewsInput cost pressures for cement manufacturers have lately been rising due to international coal prices gaining 4% MoM in December, 2012 to average US$90.8/t in the first week of December coupled with 0.6% rupee depreciation against the dollar during the same period, says a Shajar Capital research note. As of 30 November 2012, Richards Bay Coal (FOB) stood at Us$89.8/t while Newcastle stood at US$87.1/t according to an AKD Securities research note. In this regard, with exports slowing dow... |
Pakistan cement shows a growth of 3.43% in 5MFY 201306 December 2012, Published under Cement NewsPakistan cement manufacturers and exporters during 5MFY 2013 showed a growth of 3.43% to raise total cement dispatches to 13.127Mt from 12.691Mt during the corresponding period of last year. The breakdown showed that local dispatches increased to 6.78% (9.484Mt), but exports declined by 4.38% (3.642Mt). However, in November alone, Pakistan's cement industry showed a growth of 17.47% on a YoY basis to driving total dispatches up to 2.649Mt, but they fell by 4.23% if compared with October da... |
Brazil October sales rise 9.8 per cent YoY27 November 2012, Published under Cement NewsBrazilian cement sales in October 2012 reached 6.2Mt, representing a 9.8 per cent rise compared to the same month of the previous year, data from the Sindicato Nacional da Indústria do Cimento, shows. In terms of the number of days worked, October sales fell 2.1 per cent compared to September 2012. Over the first 10 months of 2012, sales reached 57.4Mt, up eight per cent over the same period of 2011. According to data obtained by SECEX/MXIC, cement imports in the first three quarters o... |