Cement News tagged under: trading
Nepal: six-fold increase in clinker imports20 February 2017, Published under Cement NewsNepal has been heading towards self-sufficiency in cement, but at the same time, imports of clinker have soared, according to the Trade and Export Promotion Centre (TEPC). The country imported clinker worth NPR8.97bn (US$83.7m) in the first six months of the current fiscal year, reports the TEPC. The figure is an almost six-fold jump from NPR1.52bn in the first half of the previous fiscal year 2015-16. According to the Cement Manufacturers Association Presiden, Dhurba Thapa, the major... |
Algeria sees sharp drop in cement imports in 201613 February 2017, Published under Cement NewsAlgerian cement imports fell 35.5 per cent in 2016 from a value of US$474.3m to US$306.1m. In volume terms, a 27.4 per cent decrease was reported to 4.8Mt. In 2015 Algeria imported 6.6Mt of cement. Imports of other building materials such as iron and steel have also seen decreases. |
New Zealand: cruise ship collides with cement carrier13 February 2017, Published under Cement NewsA cruise ship broke free from its moorings in high winds at Timaru, New Zealand, yesterday, hitting the cement carrier Milburn Carrier II. According to local media, the cement carrier’s hull and Seabourn Encore’s stern were damaged. No one was injured in the incident. New Zealand authorities have started an inquiry into the incident. |
Cameroon: smuggled Dangote cement creates price drop08 February 2017, Published under Cement NewsDangote cement currently sells between XAF-2800-3500 (US$4.55-5.68) per 50kg bag in northern Cameroon, significantly lower than the XAF4500-4600 applicable in the south of the country, local sources revealed. The price erosion results from smuggling activity suffered by Dangote in the northern part of the country. Important cargoes of Dangote cement sold in this area of Cameroon come directly from Nigeria, despite there being a ban on imports of cement in Cameroon, implemented by public ... |
Pakistan: exports to Afghanistan decline07 February 2017, Published under Cement NewsAPCMA data revealed that domestic dispatches in January 2017 were 2.722Mt, while exports amounted to 0.376Mt, reflecting YoY growth of 0.78 and -2.71 per cent, respectively. Total cement dispatches in January 2017 amounted to 3.087Mt. According to data released by the APCMA, during the first seven months of current fiscal year, the cement industry posted a growth of 9.52 per cent in local dispatches compared with the same period of last fiscal year. Export dispatches in the same pe... |
Vietnam notes fall in exports in 201606 February 2017, Published under Cement NewsVietnam exported 14.73Mt of cement in 2016, down 7.1 per cent YoY, according to the General Department of Vietnam Customs. Export revenues fell 16 per cent YoY to US$561m. In December the country exported 1.31Mt of cement and clinker to the value of US$50.58m, increasing 7.7 per cent and 10.4 per cent MoM in volume and value, respectively. Key destinations of cement and clinker exports were Bangladesh and the Philippines. Bangladesh imported 4.7Mt, representing a value of US$141m or 25... |
Pakistan: first dry bulk terminal to open in March03 February 2017, Published under Cement NewsPakistan’s first dry bulk terminal will open next month and is expected to handle 3Mta of coal imports, rising to 20Mt over the next five years, the port’s chief executive said on Thursday. The US$285m Muhammad Bin Qasim Port, which was built with support from the World Bank, will also be used to export cement and clinker, Sharique Siddiqui, chief executive for Pakistan International Bulk Terminal, told Reuters at a coal conference in Cape Town, South Africa. Pakistani cement plant and... |
Pakistan: APCMA calls for higher duty on Iranian cement imports30 January 2017, Published under Cement NewsAll Pakistan Cement Manufacturers Association (APCMA) is urging the government to put a 20 per cent import duty on Iranian cement, claiming that Iranian producers are "dumping" the building material in border markets. "The local market in areas adjacent to the Iranian border and the coastal area of Balochistan are flooded with Iranian cement. Domestically produced cement is losing its markets, as it is unable to compete with Iranian offerings due to their duty and tax evasions," PCMA's Cha... |
Coal price rises will impact cement costs28 January 2017, Published under Cement NewsAlthough there has been a big move away from fossil fuels in many parts of the world, the cement sector still relies on coal as cheap fuel to fire a good number of its cement kilns. Yet, in the last six months the price of coal on world markets has doubled, placing pressure on cement producers to increase prices to protect margins. HeidelbergCement has estimated a seven per cent rise in its energy costs for 2017, equivalent of US$130-150m, while LafargeHolcim are predicting a 10 per cent... |
USA: Portland and blended cement shipments fall in October 201626 January 2017, Published under Cement NewsUS Geological Survey (USGS) reports that the shipments of Portland and blended cement in the United States and Puerto Rico in October 2016 were about 9Mt, down by 3.4 per cent from sales in October 2015. The leading producing states in October 2016 were Texas, Missouri, California, Florida, and Michigan, in descending order, and these accounted for about 41 per cent of the national total. The leading cement-consuming states (Texas, California, Florida, Illinois, and Ohio, in descendin... |