Cement News tagged under: trading
Iran’s Qeshm works exports 2500t of cement to Somalia16 October 2019, Published under Cement NewsA consignment of 2500t of cement was exported by Qesh cement plant, Hormozgan, Iran, to Somalia, according to Hormuz Amiri, head of development and trade at Qeshm Free Trade Zone. This is the fifth cargo exported since 21 March 2019, the start of the Iranian year. To date, 104,000t of clinker have been exported from Qeshm to the UAE. Established in 2000, the Qesh cement plant produces 1400tpd and exports to 13 African and Asian countries, including Egypt, India, Iraq, Kuwait, Oman, Pakis... |
Cement export from Bangladesh shrinks08 October 2019, Published under Cement NewsAccording to Bangladesh Export Promotion Bureau (EPB), Bangladesh's cement industry has earned US$2.37m during July-September 2019 (1QFY19-20) compared to US$3.17m earned in same period last year. This translates a fall of 25.2 per cent YoY basis. The export figure also includes a minor amount of salt, stone and related products. The export value for cement fell 5.2 per cent below the target of US$2.5m, set by the government for first three months of FY19-20. The EPB has set an export tar... |
Algerian cement exports surge to US$42m01 October 2019, Published under Cement NewsCement exports from Algeria reached US$42.41m between January-July 2019, more than septupling YoY, according to the Algerian customs service. Exports of hydraulic cement and clinker rose from US$5.03m in the 7M18. Forecasts by the Ministry of Industry and Mines show that the country is aiming to lift its cement exports to US$500m over the next five years. The surplus in cement output is expected to reach between 10-15Mt during this period. In 2020 domestic production capacity is expected... |
Iran sees cement exports up, clinker exports down01 October 2019, Published under Cement NewsIran exported 5.48Mt of cement and clinker during the first five months (21 March-22 August 2019) of the Iranian year, according to the Secretary of Iran’s Cement and Clinker Export Market, Abdolreza Sheikhan. Clinker exports slipped by almost two per cent but cement exports advanced by 17 per cent when compared with the equivalent period in the previous year. Output from domestic cement plants increased 4.8 per cent YoY to 25.17Mta. |
Vessel laden with clinker arrested in Bangladesh26 September 2019, Published under Cement NewsA foreign vessel laden with clinker was arrested in Bangladesh yesterday. No details immediately are available for the vessel's arrest. According to Chittagong Port Authority (CPA), the foreign flag bulk carrier 'Costas L' has been arrested as per orders of the local High Court dated 23 September 2019 in a litigation case at outer anchorage of Chittagong port. The ship was carrying 42,629t of clinker for the cement industry, arrived from Singapore at the port, on 8 September and was a... |
Pakistan cement exports shrink in July and August 201925 September 2019, Published under Cement NewsPakistan's cement industry earned foreign exchange revenue of US$16.74m by exporting 391,548t of cement in August 2019, compared to US$25.4m from exporting 593,525t of cement in previous month, says the country's Federal Bureau of Statistics. This converted to a fall of 34.1 per cent and 34 per cent in terms of value and quantity, respectively MoM. When compared with the figure of August 2018, earnings of US$27.6m from 627,405t of cement – it translates to a YoY fall of 39.3 per cent in fo... |
South Africa's cement import volumes shoot up23 September 2019, Published under Cement NewsCement imports into South Africa have surged by 293 per cent YoY in July and have also risen by 17.5 per cent since the start of the year. The main source for the cement came from Vietnam during June-July 2019, according to Industry Insight. Approximately 104,099t of cement arrived in South Africa in June with a value of ZAR70m (US$4.7m), which is the highest level of cement imports since February 2015. A total of 631,059t of cement with a customs value of ZAR440m had been imported into ... |
Sri Lankan minister deplores political border tax policy on cement18 September 2019, Published under Cement NewsSri Lanka's finance minister, Mangala Samaraweera, has spoken out against the country's cement prices being higher than more developed markets in south Asia, requesting that the border tax policy needs to be depoliticised to benefit consumers. "Our export sector has been crippled by para-tariffs caused by businessmen influencing politicians," Mr Samaraweera told the opening of the Ceylon Chamber of Commerce Economic Summit. "This has also led to large increases in prices. For example, last... |
Pakistan-Afghanistan Torkham border inauguration to facilitate cement trade18 September 2019, Published under Cement NewsPakistan's Prime Minister, Imran Khan, along with top officials of government of Afghanistan, are expected to inaugurate round-the-clock operation of Torkham border crossing between Afghanistan and Pakistan today, subject to security clearance, etc. This is expected to support higher volumes of imports and exports, including cement, between the two countries. The Pakistan cement industry, particularly factories located in northern area of Pakistan are pinning their hopes that the opening o... |
Philippines announces new duty on imported cement04 September 2019, Published under Cement NewsThe Philippines’ Department of Trade and Industry (DTI) will impose a general safeguard duty on imported cement for a three-year period to protect domestic product. The measure will take effect 15 days after the announcement made on Tuesday. "We are deciding on the imposition of definitive safeguard duty of PHP250/t (US$4.8/t) or PHP10/40kg bag for the first year of the implementation to encourage and challenge the local cement industries to be globally competitive," said the DTI in a sta... |