Cement News tagged under: trading
QNCC looks to export 3Mta of clinker to Africa, Asia and Kuwait29 April 2019, Published under Cement NewsQatar National Cement Co (QNCC) is now looking to export as much as 3Mta of clinker, particularly focussing on markets in Africa, Asia (including India) and Kuwait. "We are looking at Africa, Asia and some of the Gulf countries. We have 3Mt of clinker (for exports)" said Salem Butti Al-Naimi, QNCC chairman and managing director. The announcement comes after the company commissioned its 5000tpd fifth plant in February this year. According to Mr Al-Naimi, the potential export markets such ... |
Cement prices in Pakistan's northern region to advance26 April 2019, Published under Cement NewsAccording to BMA Capital Management Ltd, cement prices in northern Pakistan are expected to increase by PKR15‐20/bag (US$0.10-US$0.14/bag), effective from 1 May 2019, supported by supply adjustments. An analyst's market assessment suggests that the price jump, if sustained, will be followed by another PKR20‐25/bag increase in a phased manner later in May 2019. The current price range hovers around PKR490‐535/bag (US$3.46-3.78/bag) in the north region, where the 3‐4 per cent increase in pri... |
GICA exports 15,000t of clinker to Côte d’Ivoire26 April 2019, Published under Cement NewsGICA has carried out a further shipment of clinker to Côte d’Ivoire, according to Samir Setiti, president and CEO of GICA subsidiary Sodismac. A consignment of 15,000t of clinker, produced in GICA’s Beni Safi (Aïn Témouchent) works, has left the port of Ghaza. Since May 2018 GICA has carried out around 15 export shipments from various Algerian ports. More than 0.5Mt of clinker have been shipped to Europe while at present west Africa is a key export market for the company. |
Pakistan's seaborne exports grow July 2018-March 201923 April 2019, Published under Cement NewsCement exports during the first nine months of July 2018 to March 2019 recorded a YoY growth of 32.8 per cent and 55.4 per cent in terms of value in dollar and quantity, respectively, according to Pakistan's Bureau of Statistics (PBS). The rise in cement exports came on the back of an increase in seaborne clinker and cement exports. However, exports to Afghanistan and India contracted by 17.2 and 20.1 per cent, respectively. Pakistan's cement industry earned foreign exchange revenues of... |
Pakistan cement production shrinkage in 8MFY1923 April 2019, Published under Cement NewsThe overall output of Pakistan's Large-Scale Manufacturing Industries (LSMI) fell by 1.7 per cent for July-February 2018-19 compared to July-February 2017-18, reports Pakistan's Bureau of Statistics (PBS). On a further negative note, the LSMI output decreased by 1.5 per cent in February 2019 compared to February 2018, and by 5.1 per cent when compared to January 2019. Output in July-February 2018-19 as compared to July-February 2017-18 has decreased in food, beverages and tobacco, petcoke ... |
Armenia raises cement import duty22 April 2019, Published under Cement NewsThe National Assembly of Armenia passed a law to establish import duties of AMD22,000/t (US$45.56/t) on the import of cement for a period of one year, until April 2020. The move comes after protests held by local cement plant employees against low cost imports into Armenia. “We cannot allow the closure of our cement producing enterprises. They need state support," argued the Economic Development and Investment Minister, Tigran Khachatryan. He said that in 2018, local production increased by... |
Pakistan's exports to South Africa fall after anti-dumping duty18 April 2019, Published under Cement NewsPakistan’s cement exports to South Africa have significantly fallen over the last two years as a result of the anti-dumping duty imposed by the South African government, according to Mohammad Rafiq Memon, chairman of the Pakistan-South Africa Business Forum (PSABF). The value of cement exports to the country has reportedly decreased to around US$100-150m from US$700m recorded prior to the imposition of the duty. "We are trying our best to get this issue resolved but Pakistan’s Ministry of... |
Rwanda Bureau of Standards rejects Hima Cement imports17 April 2019, Published under Cement NewsRwanda Bureau of Standards (RBS) returned cement imports into Rwanda by Uganda's Hima Cement Ltd (LafargeHolcim group) last month after they failed to meet the country's import quality standards. The cement that was transported in three 30t trucks was returned to Uganda, confirmed Uganda's government paper, New Vision. RBS Director General, Raymond Murenzi, clarified that the goods were subjected to routine standards tests which they failed to meet. The cement packages were found to weigh... |
Bangladesh cement exports continue to slide in 9MFY1915 April 2019, Published under Cement NewsBangladesh's cement industry recorded a reduction of 16.4 per cent in export revenue to US$8.16m during the first nine months of FY18-19 (July 2018-March 2019) compared to US$9.76, earned in the equivalent period of the previous financial year, according to the Bangladesh Export Promotion Bureau. The export figure also includes a minor amount of salt, stone and related products. The nine months' export value is also short by 21.2 per cent of the target set by the government for the 9MFY18-... |
Prices in Pakistan's northern region start to fall10 April 2019, Published under Cement NewsA research house in Pakistan hints the start of a decline trend in cement prices in the north. Its channel checks show that average retail prices in the north region have fallen by PKR50/bag (US$0.35) to PKR550/bag in the past 20 days alone. The decline in prices is attributed to efforts made by cement manufacturers to raise their utilisation levels from below 80,000tpd previously (January and February 2019 respectively) to current levels of above 100,000tpd (as reflected in March 2019 nor... |