Cement News tagged under: trading
India imposes export barrier for Pakistani cement26 November 2012, Published under Cement NewsIndia has made cement exports subject to a performance bank guarantee of US$10,000 to be supplied by exporters. In a letter issued by the Bureau of Indian Standards (BIS) to all foreign cement manufacturers, said cement exporters would have to submit this guarantee to qualify for exporting cement to the country. The move has not been welcomed in Pakistan which sees it as another nontariff barrier imposed by India to restrict its cement exports despite Pakistan to have accorded the most... |
Paraguay’ INC plans to increase cement prices20 November 2012, Published under Cement NewsIndustria Nacional del Cemento intends to raise the price of cement to offset its high production costs. While no official figure has been released yet, data indicate that the company is currently suffering a PYG6000 loss for each bag it produces. Carlos Kruessel Llano, INC president, said that a detailed study of cost composition would be made before a new price level would be announced. |
Holcim increases cement price 6.6% in Mauritius15 November 2012, Published under Cement NewsHolcim has announced a rise in its cement prices in Mauritius. Customers will pay MUR211.60, up from the current MUR198, representing an increase of 6.6 per cent. The increase will cover both OPC and Ecocem. Bulk cement prices will reach MUR4163/t, ex-works. Holcim (Mauritius) has attributed the cost due to an increase in fixed costs as well as “improving Ecocem, which passes into a higher strength class”, and the devaluation of the rupee. Meanwhile, Lafarge (Mauritius) Cement has said it... |
India: cement dealers in the state will go on an indefinite strike15 November 2012, Published under Cement NewsThe agitation, spearheaded by Kerala Cement Dealers Association, is likely to severely affect infrastructural development activities in the state. A ccording to the association State president Sojan Scaria, the State government had unnecessarily included cement among notified goods even when there was no shortage of cement. As a result, cement dealers have had to shoulder additional burden for procuring it. In addition, certain officials continued to demand amounts that were double the t... |
South Africa: Vietnam cement imports investigated15 November 2012, Published under Cement NewsThe National Regulator for Compulsory Specifications (NRCS) has confiscated some sub-standard cement imported into South Africa from Vietnam and is investigating complaints lodged about the quality of two other imported brands. Daniel Ramarumo, a NRCS spokesman, confirmed yesterday that it had received complaints from NPC-Cimpor about Vietnamese cement, which was “later confiscated by the regulator” on 23 August. This incident follows the NRCS's admission on 7 August that some 50kg bags ... |
Pakistan: Building material costs to rise15 November 2012, Published under Cement NewsWhile local Pakistani companies are anticipating a rise in building materials costs over the next year, their counterparts in Iran are already experiencing a hike of up to 30 per cent under the pressure of trade sanctions. Cement prices have increased by 20 to 30 per cent in Iran this year compared to the year before. It's because of energy, transport and supply costs but most of all because of the sanctions. The suppliers are not selling at the same prices as before. The currency exchange ... |
Hike in Algeria’s cement import bill13 November 2012, Published under Cement NewsCement imports into Algeria rocketed by 86 per cent in terms of value during the first nine months of 2012, rising from US$102.1m to US$190.4m, said the National Centre of Informatics and Statistics (CNIS). The increase – from 1.104Mt to 2.076Mt – can be attributed to the high demand for cement, particularly during the dry season (March to August). The supply deficit is estimated at more than 2.5Mta, according to cement group Gica. This has caused a price spike in the market with a 50kg b... |
Nigeria eliminates need for imports in first nine months03 October 2012, Published under Cement NewsThe Cement Manufacturers Association of Nigeria (CMAN) has stated that Nigeria has not imported cement since the beginning of the year, thus helping the Federal Government’s aim of making the country self-sufficient in cement. Speaking at a forum in Calabar, Cross River State, at the weekend, president of CMAN, Joseph Makoju, lauded the Federal Government for policies that have prevented the need for cement imports, thereby, protecting local industries. “For the first time in Nigeria’s h... |
Cosmos ships 36,000t of clinker to Brazil25 September 2012, Published under Cement NewsCimpor-owned Cosmos Cement will be shipping 36,000t of clinker from its Spanish Toral de los Vados works to the Brazilian town of Recife. The shipment, which started loading on Monday is the first of the new Langosteira terminal. |
Ohorongo sounds alarm over cement imports24 September 2012, Published under Cement NewsIf infant industry protection cement imports are not left in place, an investment of more than NAD2bn (US$241m) in the Namibian economy and hundreds of jobs created in the process could be at risk, according to Hans-Wilhelm Schuette, Ohorongo Cement’s managing director. The statement comes in response to the latest stage of a case before the Windhoek High Court in which Chinese-owned Jack’s Trading CC wants to have the cement import duty declared invalid. Ohorongo Cement has filed an appl... |