Cement News tagged under: trading
Qatar National Cement clinker shipment16 March 2012, Published under Cement NewsQatar National Cement is to conclude a deal this week to import 500,000t of clinker to meet increased cement demand. Bids were submitted to Egyptian and UAE suppliers, according to reports in Al Arab daily. |
Saudi Arabia removes restrictions on cement imports06 March 2012, Published under Cement NewsSaudi Arabia removed restrictions on cement imports to secure extra supplies at a stable price, the Ministry of Commerce and Industry said. “There are no restrictions on cement imports currently,” according to a statement posted on the Ministry’s website. Cement exports have already been halted and plants have been ordered to operate at full capacity. The kingdom’s western region has suffered a cement shortages as the government has increased infrastructure spending, Bloomberg reports.... |
Iran cement exports rise 17 per cent06 March 2012, Published under Cement NewsIran exported over 9.3Mt of cement in the first 11 months of the year (ends 19 March 2012), representing a 17 per cent YoY rise, IRNA news agency reported. Clinker exports during the period were 1.5Mt. Iran’s cement production capacity currently stands at 74Mt, Iranian Minster of Industry, Mine and Trade, Mehdi Ghazanfari, recently said. Mr Ghazanfari said that with the implementation on new projects, capacity will reach 110Mt by the end of the Fifth Five-Year Economic Development Plan... |
Azerbaijan readies itself to export cement by 201429 February 2012, Published under Cement NewsThe government of Azerbaijan has said that by 2014 the country will be exporting 25 per cent of the cement it produces as new capacity comes on-stream in the coming years. President Ilham Aliyev said that domestic production covers 44 per cent of domestic demand, by 2013 this figure will reach 75 per cent, and by 2014 production will supass demand to 125 per cent. "As a result, in two years due to construction of new cement plants, Azerbaijan will be able to export 25 per cent of cemen... |
Pakistan cement exports forecast to grow27 February 2012, Published under Cement NewsPakistan cement exports in the first seven months (July 2011-January 2012) of the current fiscal year fell in terms of quantity but gained in price by US$4.33/t, data by the Pakistan Bureau of Statistics shows. The industry expects dispatches to Afghanistan and India to grow in the remaining months of the year. In the first seven months, exports amounted to 4.087Mt of cement and earned US$258.190m compared to 5.196Mt at US$256.618m in the corresponding period of last year. This represent... |
Cemex to appeal fine, Mexico24 February 2012, Published under Cement NewsCemex CEO Lorenzo Zambrano has reiterated that the company will appeal a fine for allegedly blocking competitors from bringing cement into Mexico, the Wall Street Journal reports. Earlier this month, the Federal Competition Commission (CFC) fined Cemex MXP10.2m (US$796,000) following an investigation into a failed attempt by a competitor to import cement via a silo ship almost eight years ago. The newspaper quoted Zambrano as saying: “We’ve done nothing illegal.” He said Cemex used leg... |
Lithuania’s Akmenes Cement seeks export markets23 February 2012, Published under Cement NewsFollowing the completion of upgrade works at the Akmenes Cement works in Lithuania, the company has said it is seeking new export markets for its additional output. The company is installing a new line which will raise capacity from 1.2Mta to 1.5Mta. “Search for new markets and customers is vital for us and we focus on that now. We are building a new plant, which will have the capacity way larger what we have now, hence we must secure our future sales today,” Akmenes Cementas CEO, Arturas... |
Pakistan firms see profits in exports to Afghanistan15 February 2012, Published under Cement NewsPakistan’s cement exports are being geared up due to increase in Afghan export prices to US$50-55/t from the previous level of US$39-45/t.??According to informed sources, the improved export price has finally attracted interest for Pakistani exporters, leading to a 32% YoY increase in exports to Afghanistan in January 2012. However, Pakistan’s cement exports to India fell by 8% in January 2012 while exports to Middle East, Africa and other South Asian states via sea route rose by 4%. Sourc... |
Saudi Arabia stops cement exports14 February 2012, Published under Cement NewsSaudi Arabia has stopped cement and clinker exports to prevent shortages and to stabilise domestic prices. The kingdom’s western region, which includes the Red Sea port city of Jeddah and the Islamic holy cities of Mecca and Medina, has suffered a cement shortage as the government increased spending for infrastructure. Prices for new homes in Jeddah rose as much as 10% this month because of the higher cost of cement, local paper al-Eqtisadiah reported. Cement makers outside the weste... |
Pakistan: FY12 cement sales helped by local dispatches14 February 2012, Published under Cement NewsFY12 has been witnessing a drop in Pakistan’s export sales, whereas domestic cement dispatches have been rising. The latest numbers released by the All Pakistan Cement Manufacturers Association (APCMA) up until January FY12 show a continuation of this trend. Local dispatches improved by 7% YoY from 12Mt in 7MFY11, while during January 2012 alone, local deliveries improved by nearly 9% to 1.9Mt versus January 2011. While the surge in local sales was witnessed in both the northern and sou... |