Cement News tagged under: trading
China’s exports remain low: Custom Dept21 August 2009, Published under Cement NewsThe sluggish overseas cement market led to decreased cement exports from China during this year’s first half, and the industry has begun suffering from overcapacity, according to a report released by the General Administration of Customs recently. The report shows that in the first half of 2009, China exported 8.23Mt of cement worth US$370m, falling 43.2 per cent and 36.1 per cent, respectively. The average price stood at US$44.4 per ton, up 12.4 per cent. China’s cement exports are char... |
Cement Industries Sabah opens new terminal, Malaysia21 August 2009, Published under Cement NewsThe opening of a cement terminal by Cement Industries Sabah Sdn Bhd (CIS) will help to ease the cement shortage problem in the east coast area of Sabah. In stating this, CIS chairman Datuk Yahya Lampong said the cement terminal was built at a cost of RM45.5 million and had started full operations in April this year. "With the capacity to distribute and store 300,000 to 600,000tpa, the terminal can overcome the problem of cement shortage in the east coast of Sabah," he said at the officia... |
Lafarge Cement Zambia asked to lower prices18 August 2009, Published under Cement NewsThe Zambia Consumer Association (ZACA) has asked Lafarge Cement Zambia to further reduce the price of cement so the product can be within the reach of ordinary citizens. ZACA executive secretary, Muyunda Ililonga said in an interview in Lusaka yesterday that cement wasimportant to the country’s economy and should, therefore, be affordable. Last week, the National Council for Construction (NCC) asked Lafarge to further reduce the price of cement from the current average of about K56, 000 pe... |
TCL loses cement case11 August 2009, Published under Cement NewsThe parent company of Jamaica’s sole maker of cement has lost its legal fight in the Caribbean’s appellate court after mounting a vigourous claim against importation of cement into Jamaica. The Caribbean Court of Justice (CCJ) has ruled in favour of CARICOM in the case brought by Trinidad Cement Limited (TCL) against the regional body over a decision to suspend the Common External Tariff (CET) for cement imported into Jamaica last year. In the judgement handed down Monday morning, the CCJ ... |
Pakistan to get first dedicated terminal10 August 2009, Published under Cement NewsPakistan’s first dedicated terminal for handling coal, clinker & cement at an estimated cost of US$150-$175 million is to be established at Port Qasim in the face of growing trade volume in coal and cement. Knowledgeable sources in the shipping circles said that the expansion with the new dedicated terminal will open an opportunity for Pakistan International Container Terminal (PICT) to diversify into un-chartered markets. In this respect, Port Qasim Authority has issued a Letter of Intent ... |
Israel decides to allow shipment of cement into Gaza07 August 2009, Published under Cement NewsIsrael has decided to allow a rare shipment of cement and iron bars into Gaza on Thursday. The cement and iron bars are hard needed to start the reconstruction of the territory that was severely damaged by the Israeli army in its assault on the Strip six months ago. The construction materials are being sent to a sewage network project of the Palestinian Water Authority in Beit Lahiya in the northern part of the Strip. Israel decided to ease a total ban on construction materials to the war-... |
Carib cement seeks new dumping measures05 August 2009, Published under Cement NewsCarib Cement Company (CCCL) is once again seeking to have antidumping measures imposed on competing imports. The company is relying heavily on its parent, Trinidad Cement Limited (TCL), and overseas markets, to take up output and maintain operating performance as its domestic market share continues to fall to competition from cheaper imports. "We will seek legal redress with regard to "unfair competition", said the company in its financial statements. Carib’s marketing manager Alice Hyde s... |
Turkish exports forecast to rise27 July 2009, Published under Cement NewsTurkish cement producers are pleased by a rise in exports to north Africa and the Middle East. Annual rise in exports is expected to jump 50 per cent to 15Mt this year and rumours are rife that the prices for the domestic market will be hiked, Dunya newspaper reports. |
Taiwan’s cement firms to see marked shipment growth21 July 2009, Published under Cement NewsThanks to China’s stimulus programs to expand domestic demand, Taiwan’s leading cement firms, including Taiwan Cement Corp., Asia Cement Corp. and Goldsun Development & Construction Corp., will see substantial growth in shipments in the third quarter due to having landed orders for public works there. Taiwan Cement said public-work orders command 30% of its daily shipment for the third quarter, up 30% from the previous quarter. Asia Cement noted it saw an increase of one million metric tons... |
Pakistan’s cement exports likely to fall next year20 July 2009, Published under Cement NewsPakistan’s DG Khan Cement and Maple Leaf Cement export sales registered solid growth of 113 per cent and 114 per cent, besides increasing their market shares in export sales to 14 per cent and 12 per cent respectively. According to the latest data, Lucky Cement, the largest cement exporter in Pakistan, strengthened its position in the export market with growth of 29 per cent, however market share trimmed down to 30 per cent from 35 per cent last year, however, Pioneer and LafargeCement depi... |