Cement News tagged under: trading
Pakistan: cement exports fall on YoY basis in 5MFY2016-1703 January 2017, Published under Cement NewsPakistani cement manufacturers earned revenues of US$23.68m on exports of 455,720t cement in November 2016, compared to US$28.30m on 543,674t of exports in the previous month. These figures represent a MoM decline in dollar value and volumes of 16.35 per cent and 16.18 per cent, respectively. However, when compared with November 2015 (593,922t with a value of US$30.11m), volumes slipped by 23.27 per cent and the value was down by 21.37 per cent, according to the country's Federal Bureau... |
Mechel, Russia, to supply 2-3Mt thermal coal to Tangshan Jidong29 December 2016, Published under Cement NewsOn December 21, Mechel 0A0, a major metals and resource company in Russia, announced it had inked a supply contract with Tangshan Jidong Cement Co., Ltd., China for thermal coal. The contract term is from December 2016 to December 2017, during which time Mechel will supply 2-3Mt of Russian thermal coal to Tangshan Jidong Cement. The sales price of thermal coal is to be fixed every month based on then market. Tangshan Jidong Cement is a major cement company and subsidiary of Tangshan Ji... |
Clinker imports to Angola decreased 13% in 2Q1623 December 2016, Published under Cement NewsClinker imports into Angola fell by 13.2 per cent in 2Q16 to 176,678t when compared with the same period in 2015, when the country imported 200,000t of clinker. Turkey imported 29,503t of this total. In November Nova Cimangola announced that it would stop importing clinker and turn to domestically-produced product following the identification of a suitable raw material deposit near Luanda. Earlier in the year, lack of foreign currency availability impacted on Secil Lobito’s ability to... |
USA: Portland and blended cement shipments in September fall 2.8%16 December 2016, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico in September 2016 were about 8.8Mt, down by 2.8 per cent from sales in September 2015. The leading cement-producing states for Portland and blended cement in September 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 descending orde... |
New EU carbon allowance mechanism proposed15 December 2016, Published under Cement NewsMEPs have proposed that a system should be established for the cement and clinker sectors, among others, whereby importers will be required to surrender allowances to cover for the carbon content of imported goods. The Border Adjustment Measurement (BAM) scheme should be fully compatible with WTO rules and "focus on sectors with a low trade intensity and high emissions intensity such as cement," MEPs said. "Once this mechanism is in place, no free allocation shall be given to sect... |
Ghana: Chinese vessel accused of smuggling allowed to offload cargo of cement02 December 2016, Published under Cement NewsAuthorities at the Ghanaian port of Tema have allowed a Chinese-registered vessel – the Guo Tou 106 – to offload 5000t of bagged cement, having previously accused the crew of attempting to smuggling the cargo into the country, Ghanaweb reports. The vessel was originally allowed to berth at Tema port on 19 November, but irregularities with the ship’s manifest led to suggestions that the crew was attempting to import cement without a licence. Since then, the proper licence has been obt... |
Vietnam: Song Lam first Malaysia exports02 December 2016, Published under Cement NewsVissai Group subsidiary, Song Lam 2 JSC, has sent its first batch of exports to Malaysia from its new production line at Song Lam cement plant. The second clinker production line at the plant began operation in May 2016 following a less than two-year construction period. The project to expand the plant will be completed in phases, with the first phase seeing the completion of two production lines with a total capacity of 12,000tpd (4Mta). A third line will be introduced in the second phas... |
Pakistan: exports to Afghanistan decline28 November 2016, Published under Cement NewsCement exports to Afghanistan declined 23.4 per cent YoY in October 2016, falling from 0.252Mt to 0.193Mt. Meanwhile, exports to India registered a 27 per cent YoY growth from 0.086Mt in October 2015 to 0.110Mt in October 2016. Exports to India mainly travel the Wahga border and the southern coast of India. The All Pakistan Cement Manufacturers Association (APCMA) expressed its concern regarding an 11.74 per cent drop in exports to Afghanistan in the first four months of its current fisca... |
Uruguay: Ancap to explore export potential25 November 2016, Published under Cement NewsUruguay’s Ancap Board of Directors has approved a memorandum of understanding with Cimsa to explore over the next 90 days the potential of an alliance that will help Ancap export cement. Ancap’s cement division suffered losses of US$30m in 2015 with a similar amount expected this year. While the company has reported losses for a considerable time, these have increased in recent years. The company operates a cement plant in Lavalleja and Paysandú and has invested US$80m in a new oven, but ... |
Pakistan: cement industry export revenue falls in 4MFY16-1724 November 2016, Published under Cement NewsPakistan cement manufacturers earned revenues of US$28.3m on 543,674t of cement exports in October 2016, compared to US$24.52m on 476,170t of exports in the previous month. These figures represent a MoM rise in dollar value and volumes of 15.42t and 14.18 per cent, respectively. However, when compared with October 2015 (544,797t with a value of US$29.72m), volumes slipped by 4.78 per cent and the value was down by 0.2 per cent, according to the country's Federal Bureau of Statistics. I... |