Cement News tagged under: trading
Iran exports 7.65Mt of cement and clinker03 December 2018, Published under Cement NewsIran exported more than 7.65Mt of cement and clinker during the first seven months of the current Iranian year (21 March –22 October 2018). Exports amounted to a 10.2 per cent increase compared with the same period of last year. Abdolreza Sheikhan, the secretary of Iran's Cement Association said cement accounted for 3.8Mt of the exports. More than 50 per cent of the clinker and cement exports went to Iraq and Afghanistan over the period, said Sheikhan. Also, around 247,000t of cement were ... |
PPC indicates price rises ahead for South Africa's cement market27 November 2018, Published under Cement NewsPPC has seen group revenues grow by eight per cent to US$40m on the back of higher volumes and PPC's CEO, Johan Claassen, is not ruling out future price rises in South Africa. Mr Claassen said price hikes were necessary despite PPC's estimates that capacity would outstrip demand in South Africa by as much as 36 per cent in 2018. "Our synopsis is that the industry really needs it, and somebody needs to be bold about it," Mr Claassen said. "To make costs of capital, the cement industry in SA... |
Four months export revenue growth23 November 2018, Published under Cement NewsPakistan's cement industry earned foreign exchange revenue of US$26.74m by exporting 616,648t of cement during October 2018, compared to US$29.05m on 671,913t of cement in previous month. This represents a fall of 7.9 per cent and 8.23 per cent in value and quantity, respectively on MoM, according to the Federal Bureau of Statistics. If compared to October 2017, earnings of US$23.3m on 472,216t of cement, translates to a growth of 14.8 per cent in earning of foreign currency and 30.5 per... |
Itacamba exports 200,000t of clinker13 November 2018, Published under Cement NewsFaced with a oversupply in its domestic market, Bolivia’s Itacamba, is focussing on export markets. To date the company has exported 200,000t of clinker to Paraguay. “We are taking advantage of our border location and in addition, taking advantage of the ports of the Tamengo Canal, the export of clinker-cement has been made feasible. So far we have exported around 200,000t. In 2019 we estimate to export at least 250,000t to Paraguay, "said Fernando Tuma, executive director of Itacamba. In ... |
Lao government revokes cement import licence30 October 2018, Published under Cement NewsThe Loa Ministry of Industry and Commerce has directed the departments of industry and commerce throughout the country to stop issuing import licences for cement. In future cement imports will be regulated by customs officials at border crossings in line with the regulations, as part of efforts to speed up and streamline business operations in the southeast Asian country. |
CMA meets with government Commerce and Industry advisor29 October 2018, Published under Cement NewsDuring a meeting on 27 October, Pakistan's Cement Industries Association (CMA) has informed the the country's Advisor to the Prime Minister on Textile, Commerce, Industry, Production and Investment, Abdul Razak Dawood, that Pakistani companies are exporting clinker by sea to Bangladesh, where clinker demand and prices have risen. "It's a good breathing space for Pakistani cement manufacturers to export our surplus clinker to Bangladesh and other parts of the world," said the CMA> Abdul R... |
Increased export revenue MoM and YoY for Pakistan producers in 3MFY1929 October 2018, Published under Cement NewsAccording to the Federal Bureau of Statistics, Pakistan's cement industry earned foreign exchange revenue of US$29.05m by exporting 671,913t of cement during September compared to US$27.57m on 617,745t of cement in previous month. This represents a MoM growth of 5.4 per cent and 8.8 per cent in terms of value and quantity, respectively. Compared to September 2017, earnings of US$17.76m on 359,766t of cement, it translates to a growth of 63.5 per cent in earning of foreign currency and 86.... |
Algeria steps up exports24 October 2018, Published under Cement NewsGICA, LafargeHolcim and Biskria are expected to export 0.5Mta of cement and clinker from Algeria by the end of 2018 – mainly via the port of Djendjen, according to Abdesselem Bouab, general manager of the port. Since May, GICA has completed three export deliveries for a total of 110,000t of cement. The company’s total contract totals 200,000t and represents a value of over US$4m. In the near future, GICA is planning up to 2Mt. LafargeHolcim exported 100,000t of clinker and 16,700t of cem... |
Central Bank of Pakistan reviews progress of cement industry in FY1819 October 2018, Published under Cement NewsThe State Bank of Pakistan has released its annual report on Pakistan's economy for the fiscal year 2017-18. According to the report, the growth momentum gained further strength as the economy achieved its 13-year highest real GDP growth of 5.8 per cent in FY18. The GDP growth was also broad-based, as all the three sectors – agriculture, industry (including cement) and services – contributed positively to this acceleration, the report highlights. The cement industry, with more than one-fi... |
Bangladesh cement exports rise July-Sept17 October 2018, Published under Cement NewsBangladesh's cement industry recorded export revenue of US$3.17m during July-Sept 2018 compared to US$2.72m of the corresponding year-ago period, according to the Bangladesh Export Promotion Bureau. This is an increase of 16.54 per cent YoY. The export figure also includes a minor amount of salt, stone and related products. Bangladesh’s government has set an export target of US$14m for cement industry for the financial year 2018-19 (June-July), against US$12.59m from last fiscal year. T... |