Cement News tagged under: trading
Exports from Vietnam decline due COVID-19 pandemic06 April 2020, Published under Cement NewsVietnam exported 7.5Mt of cement and clinker, to a value of US$291m, in the first quarter of this year, said the Ministry of Industry and Trade. The lower volume has been attributed to the coronavirus pandemic. Total exports fell by nearly 40 per cent in volume while the value declined by 20 per cent when compared with the year-ago period, when the country exported 12Mt with a value of US$360m. In 2019, Vietnam exported 33.8Mt of cement and clinker, earning just under US$4bn. Earlier thi... |
Armenia set to extend import duty on cement27 March 2020, Published under Cement NewsArmenia’s National Assembly passed at the first reading the amendments to extend the validity of the state duty set on cement imports until 31 December 2020. The country has imposed a AMD14,000/t duty on cement imports from Iran and other countries since it ratified the legislation on 3 June 2019, a law that expires on 1 April 2020. "Over a period between July and December, the volumes of cement imported from Iran have shrunk, that is, 19.2t of cement were imported in one month of 2018, wh... |
Azerbaijan’s Gazakh Cement to increase exports in 202025 March 2020, Published under Cement NewsGazakh Cement Plant plans to significantly increase export sales from Azerbaijan to neighbouring countries such as Georgia in 2020, according to Trend. "Last year, the plant established clinker exports to Georgia, and this year we plan to significantly increase the total volume of exports. In 2019, export volumes in this direction amounted to over 1000t of clinker and cement," Trend’s source said. "At the moment, we are in search of partners among the countries of the region. We are consid... |
Clinker imports into Bangladesh up 4%23 March 2020, Published under Cement NewsThe import of clinker into Bangladesh has increased by 3.6 per cent in the first seven months of the FY19-20, according to data released by the Central Bank of Bangladesh. Clinker volumes to a value of US$554.8m were imported during this period, a significant increase when compared with 7MFY18-19 when the value of clinker imports reached US$535.3m. Total imports declined by 4.4 per cent YoY to US$34.58bn between July 2019 and January 2020. The fall is due to a number of factors, including... |
Ukraine cement industry increases output after import antidumping duties20 March 2020, Published under Cement NewsUkraine’s cement production advanced 10.6 per cent after anti-dumping duties on cement imports were introduced, according to Ukrcement Executive Director, Roman Skilskyi. “After Ukraine introduced antidumping duties in May 2019, cement companies increased the production output of cement clinker by 10.6 per cent as of August 2019 compared to August 2018,” Mr Skilskyi said. Between 2016-19, cement imports into Ukraine rose 18-fold, from 41,700t in 2016 to 752,330t in 2019. In May, the cou... |
Pakistan records mixed trend of cement revenue in 8MFY19-2019 March 2020, Published under Cement NewsThe export of cement/clinker from Pakistan during the first eight months of FY19-20, saw a fall of 5.80 per cent in terms of value but record a growth of 6.45 per cent compared to 8MFY18-19, says data released by Federal Bureau of Statistics. The breakdown of data shows that country's cement sector earned US$193.92m by exporting 5.151Mt of cement and clinker between July 2019 – February 2020, compared to US$205.86m from 4.839Mt of exports in the comparative year ago period. This represents... |
Sino Zimbabwe Cement challenged by export competition17 March 2020, Published under Cement NewsSino Zimbabwe Cement has been forced to restrict its business after being outcompeted in export markets by Dangote Cement. Sino Cement has faced stiff competition in the export markets of Zambia and Tanzania. Andrew Gona, Sino Zimbabwe Cement's export manager, said: "We used to export, but the growth of Dangote in the region has pushed us out on competitive grounds. They have built modern plants that are low cost right in the heart of what used to be our export market. "We can supply and s... |
Coronavirus likely to affect Pakistani cement exports to Afghanistan16 March 2020, Published under Cement NewsPakistan's export of cement to Afghanistan through land routes will be affected from today following Islamabad's decision to close the borders with Kabul as preventive measures to curb the spread of coronavirus. According to an official statement, Prime Minister Imran Khan while chairing the National Security Committee meeting on 13 March, had especially requested to review the current status of and Pakistan's response to the coronavirus pandemic. He also called upon the entire nation t... |
Cement vessel sinks off Oaxaca coast13 March 2020, Published under Cement NewsA general cargo ship by the name of Duban, loaded with some 1500t of cement, sank 13nm off of the coast of Oaxaca, southern Mexican state on Pacific coast, in the afternoon of 12 March, while en route to Manzanillo. A crew of 12 crew had to be rescued. The engine room was flooded and the ship was sinking on even keel. Witnesses report that the ship was already proceeding at reduced speed several hours prior to sinking. The Duban carries the flag of Togo and is owned by Rimac Sea River Shi... |
Cement exports from Bangladesh continue to slide in 8MFY19-2011 March 2020, Published under Cement NewsBangladesh's cement industry has earned an export revenue of US$7.19m in the 8MFY19-20 (July 2019-February 2020), compared to US$7.27m earned in 8MFY18-19, a minor contraction of 1.1 per cent YoY. The export figure also includes a small amount of salt, stone and related products, according to the data of Bangladesh Export Promotion Bureau (EPB). However, the export value for cement increased by 3.6 per cent above the 8MFY19-20 government target of US$6.94m during this export period. The EP... |