Cement News tagged under: trading
Texas Industries asks Commerce to probe Greece, Republic of Korea imports28 August 2012, Published under Cement NewsTexas Industries, through its subsidiary TXI Operations, submitted a letter on 24 August 2012 to the Department of Commerce and the Interagency Trade Enforcement Center, asking that Commerce self-initiate anti-dumping and countervailing duty investigations of "unfairly priced" Portland cement from Greece and the Republic of Korea into the Texas region, USA. TXI believes that imports from Greece and Korea are being sold at less than fair value (ie, dumped) and benefit from government subsid... |
Pakistan cement industry earns US$46m from exports in July 201224 August 2012, Published under Cement NewsPakistan's cement manufacturers and exporters exported 545,125t of cement and earned US$46.197m in the first month of current FY12-13, ie July 2012, compared to 612,500t at US$52.064m in June 2012. This reflects a fall of 11 per cent and 11.27 per cent in terms of quantity and value in dollar, respectively, on a MoM basis, according to data released by the government’s Federal Bureau of Statistics. Furthermore, if compared with July 2011 data of 740,592t cement at a value of US$39.074m... |
Pakistan loses Afghan cement market share to Iran20 August 2012, Published under Cement NewsThe declining trend of cement exports continues to worry Pakistani manufacturers as cement exports to Afghanistan have plummeted by 10 per cent annually, owing to availability of cheaper Iranian cement there. The industry said that the energy crisis and constant hike in petroleum products have made its product uncompetitive even in the neighbouring country, the main purchaser of cement from Pakistan. Industry sources said that historically US sanctions on Iran have been an impediment for... |
India Cements 1Q net profit drops 39.2%14 August 2012, Published under Cement NewsIndia Cements Ltd today said that it has reported a decline of 39.2 per cent in its net profit for the first quarter ended June 2012 at INR62.07 crore. The net profit of the company stood at INR102.03 crore during the same period a year ago, said India Cements in its filing to the Bombay Stock Exchange on August 13, 2012. Meanwhile, the company has said it is exploring at possibilities of exports to Sri Lanka and South African countries. Speaking to Business Standard of India, N Srini... |
Bolivian first-half sales rise 10.62 per cent09 August 2012, Published under Cement NewsIn the first half of this year, Bolivian sales increased by 10.62 per cent compared to the same period of 2011 and manufacturers expect demand will continue to rise. According to the Bolivian Institute of Cement and Concrete (IBCH), in the first six months of 2012 1,271,069t of domestic cement were sold and 52,382t imported, totaling 1.3Mt. In the same period in 2011, 1,196,312t of domestic and imported were sold, which means an increase of 10.62%. Cement consumptionin the department... |
Pakistan government urged to facilitate exports09 August 2012, Published under Cement NewsThe Islamabad Chamber of Commerce and Industry (ICCI) has said that Non-Tariff Barriers (NTB) are hampering cement exports and has urged the government to explore new markets for the growth of the industry in the country. Speaking to the Nation, ICCI president Yasir Sakhi Butt, said: “The local cement industry needs attention as its growth is considered a major indicator of economic activity," with regard to decreasing exports. He believes that new export destinations should be explored and... |
Pakistan July dispatches decline07 August 2012, Published under Cement NewsPakistan dispatches in the first month of the current fiscal saw a decline of 1.64 per cent compared to July 2011, according to data from the All Pakistan Cement Manufacturers Association (APCMA). Domestic dispatches were down by 1.47 per cent in July 2011 to 2.05Mt compared to 2.02Mt in 2011. However, the decline in exports was steeper at 9.23 per cent to 755,010t from 831,785t in July 2011. Exports to Afghanistan dropped by 10.37 per cent to 455,897t while exports to India were down ... |
Dominican Republic exports increase07 August 2012, Published under Cement NewsThe Dominican Association of Portland Cement Manufacturers (Adocem) said today that so far this year, cement exports to other markets increased by 34.2 per cent over the same period last year. Adocem data shows that from January to June, industry sales abroad were 703,000t while last year they rose to 524,000t. According to the report, the Dominican cement industry annually exports about 35 per cent of its production, which accounts for about US$120m of foreign currency entering the co... |
Barcelona cement and clinker exports rise03 August 2012, Published under Cement NewsCement and clinker exports from the Port of Barcelona have increased by 435 per cent during the first half of this year from a low base. A total of 684,255t of volumes were exported in the six months to June compared to 127,891t in 2011. The main export destinations Algeria, Nigeria, Ivory Coast, Togo, Uruguay, Brazil, Guinea, UK and Puerto Rico. Domestic cement producers are placing a special emphasis on trying to achieve higher exports as domestic cement consumption continues to ... |
Lafarge South Africa import concerns30 July 2012, Published under Cement NewsLafarge South Africa unit may ask country’s the International Trade Administration Commission to protect the market from alleged low quality imports from Pakistan, Business Day reported, citing Lafarge South Africa Chief Executive Officer Thierry Legrand. The company is concerned that the cement, which it says is of low-quality is being used for building projects in South Africa, the Johannesburg-based newspaper said. Some importers are labeling cement as flour to avoid quality tests, ... |