Cement News tagged under: trading
Russian cement producers call for 30% import duty21 August 2008, Published under Cement NewsInterfax reported that Russian Cement industry lobby Soyuztsement has asked the government’s foreign trade and customs tariff policy commission to impose a temporary import duty of 30% on cement. Soyuztsement also asked the government to take steps to tighten control over certification of on the domestic market and the quality of imported cement. Mr Viktor Zubkov first Deputy Prime Minister of Russia in a letter to the commission’s chairman, the industry group asked the government to protec... |
Monsoon affects Pakistan’s cement exports to India12 August 2008, Published under Cement NewsPakistani cement dispatches to India have declined by about 50 per cent owing to monsoon, which has affected demand from Indian buyers. According to the All Pakistan Cement Manufacturers’ Association (APCMA), the average daily cement export to India has come down from 4000t in June to 2000-2500t now. “Cement dispatches to India through the sea route have been significantly affected by the rains. Moreover, there has been a slackening of demand due to rains,” said Shahzad Ahmed, secretary, AP... |
Indocement exports down on larger domestic sales01 August 2008, Published under Cement NewsPT Indocement Tunggal Prakarsa posted a 32 per cent decline in exports to 1.2Mt in the first half of this year on larger sales on the domestic market. The company could have increased exports but it prioritized sales on the domestic market, company President Daniel Lavalle said yesterday. |
Duty waiver on Pakistan cement dents Indian producers profitability31 July 2008, Published under Cement NewsThe Indian cement industry has expressed concern over increased cement imports from Pakistan contending that the waiver of import duty has put domestic producers at a disadvantage. The Indian Cement Manufacturers Association said most of the imported cement is utilised by bulk users, mainly the real estate sector, which consumes nearly 55 per cent of the total amount. It said the industry, in a bid to reduce production cost, which had gone up by over eight per cent in the last five years... |
Ambuja Cements, UltraTech to increase exports31 July 2008, Published under Cement NewsAmbuja Cement Ltd, India’s second largest cement producer and UltraTech Cement Ltd, an Aditya Birla Group Company, have plans to increase cement exports taking the advantage of demand in the Middle East. AL Kapur, MD, Ambuja Cement Ltd said, "For the current year, I should be able to achieve my target of exporting 0.8Mt and if possible, more, depending on the availability of ships. Next year, we are targeting to export around 1Mt." Similarly, UltraTech has also decided to export surplus cem... |
Indian Railways to help boost cement import from Pakistan28 July 2008, Published under Cement NewsIndian Railways is planning to scale up transport of cement from Pakistan to help raise local supplies and tame price pressures, the state-run utility said in a statement on Friday. "In a move to meet the shortage of cement in the domestic market thereby keeping its price under check, Indian Railways is facilitating the import of cement from Pakistan through Attari border (in Punjab) in a big way," it said. At present, two rakes per day are being exchanged which will be gradually increas... |
Kenyan authorities block Tororo cement limestone bid16 July 2008, Published under Cement NewsKenyan authorities recently blocked a proposal by Tororo Cement Industry (TCI) to import limestone from Kenya’s vast Rift Valley province. A joint statement made by the Managing Director of Kenya’s Kerio Valley Development Authority, Dr Mike Parklea and Amos Gathecha, the District Commissioner for West Pokot District where the limestone is located, said the move aims at reserving the deposits for a local cement factory expected to be established at the area later this year. “It is unfortun... |
ABAD demands ban on cement export, Pakistan16 July 2008, Published under Cement NewsKarachi: The Association of Builders and Developers (ABAD) has said the government should ban the cement export and allow its import, so that the menace of the cement price hike could be controlled in the country. Former chairman ABAD, Hafeez-ur-Rehman Butt said Tuesday the cement manufacturers were doing an unrealistic price hike without any reason and any justification. The price of 50 kg bag was around Rs 200-220 in February 2008 but now the prices are almost double and have reached to R... |
Imports to ease cement shortage, Bahrain14 July 2008, Published under Cement NewsBahrain is to import 31,000t of cement from Turkey and the UAE, it was announced yesterday. This is the first in a series of shipments aimed at easing the shortage which has crippled the construction sector, following export restrictions imposed by Saudi Arabia. The move to break the crisis was announced at the weekly Cabinet meeting, chaired by Prime Minister Shaikh Khalifa bin Salman Al Khalifa. It is the culmination of efforts by Industry and Commerce Ministry and businessmen to contain... |
Lithuania’s Akmenes boosted by export growth14 July 2008, Published under Cement NewsRising exports to Kaliningrad’s booming construction market have helped Lithuania’s only cement manufacturer, Akmenes Cementas (Akmene Cement), to achieve growth in revenue this year despite the stagnating domestic real estate market. Akmenes Cementas CEO Arturas Zaremba said that the Russian exclave of Kaliningrad accounted for around six per cent of the company’s total sales for the first half of this year. The company posted a 42 per cent rise in first-half sales to LTL143.317m (EUR41.5... |