Cement News tagged under: trading
Pakistan: APCMA calls for federal exise duty reduction17 March 2016, Published under Cement NewsThe All Pakistan Cement Manufacturers Association (APCMA), in its budget proposal, has recommended a reduction in federal excise duty (FED) to be stepped to zero to alleviate the cost pressure on locally-manufactured cement, which is facing competition from Iranian imports. The Daily Times reports that in the budget proposal sent to Federal Board of Revenue (FBR), APCMA Chairman Muhammad Ali Tabba stated that the cement industry is subject to FED at the rate of five per cent of retail price... |
Pakistan: APCMA calls for federal exise duty reduction17 March 2016, Published under Cement NewsThe All Pakistan Cement Manufacturers Association (APCMA), in its budget proposal, has recommended a reduction in federal excise duty (FED) to be stepped to zero to alleviate the cost pressure on locally-manufactured cement, which is facing competition from Iranian imports. The Daily Times reports that in the budget proposal sent to Federal Board of Revenue (FBR), APCMA Chairman Muhammad Ali Tabba stated that the cement industry is subject to FED at the rate of five per cent of retail price... |
Algeria: introduction import licences delays supply23 February 2016, Published under Cement NewsThe decision of the Algerian government to require import licences for imported cement is causing delays in the supply of cement. However, the issuing of licences is progressing slowly and at a time when major cement plants are shut down for maintenance, the step causes shortages in the market. In recent days, the price of a 50kg bag of cement has skyrocketed to DZD1900, according to Dennouni Abdelmajir, president of the General Confederation of Employers (BTPH). |
Dem Rep Congo: cement price fall 35% in Matadi11 February 2016, Published under Cement NewsThe price of a bag of cement in Matadi, Dem Rep Congo has fallen by 35 per cent from CDF12,500 (US$13.44) to CDF8000. The price decrease follows the arrival of imports from Angola in the Congolese port town. In addition, Chinese imports have also increased the supply of cement to the Matadi market. |
Ghana: Ministry on cement-trade-war alert29 January 2016, Published under Cement NewsDr Ekwow Spio-Garbrah, Ghana's Minister of Trade and Industries, says his Ministry is undertaking a thorough evaluation of various interests in the current trade-war between local cement manufacturers and importers. Local cement makers are claiming cement imports from Nigeria and China are flooding the market, thus making their businesses uncompetitive. Dr Spio-Garbrah said the exercise, with references to price build-ups in other countries, should enable the ministry pronounce appropriatel... |
First Tajikistan cement heads to Afghanistan05 January 2016, Published under Cement NewsHuaxin Gayur Cement Co Ltd, located in Yovon district of Khatlon province, Tajikistan, reportedly signed an agreement with Afghanistan’s Shamal Sharq in early December to supply 500t of cement to Afghanistan. A convoy of 12 heavy trucks carrying 370t of cement proceeded via the Panji Poyon border crossing between the two countries in late December, according to Tajik Customs Service. Huaxin Gayur Cement Co Ltd is a Tajik-Chinese joint venture established by Huaxin Zhongya Investment (Wuhan... |
ITAC announces final anti-dumping duties23 December 2015, Published under Cement NewsSouth Africa has imposed final anti-dumping duties on Portland cement originating in or imported from Pakistan, ranging between 14.29 and 77.15 per cent, effective 18 December 2015. The duties will remain in place for a period of five years, unless a review process takes place. The decision follows an investigation initiated by the International Trade Administration Commission of South Africa (ITAC) on 22 August 2014 after local producers AfriSam, Lafarge Industries South Africa, NPC Cimp... |
Vietnam cement exporters fail to hit target22 December 2015, Published under Cement NewsVietnamese cement producers are struggling to maintain high volumes of cement exports due to falling overseas demand. According to the Vietnam National Cement Association (VNCA), Vietnamese cement makers have been facing fierce competition from China, the world’s biggest cement producer, which accounted for 60 per cent of the world total output. Selling at lower prices and trying to boost export whilst facing tough times domestically have led to a spreading malaise across the Asian ma... |
Trading places21 December 2015, Published under Cement NewsThe Caribbean and central America region is a significant trading hub and for some cement producers active in the region it is of considerable strategic importance. In this report ICR provides an overview of major traders, supply-demand volume trends and developments in the region. An overview of Caribbean and Central American trading The Caribbean is by far the most active area in Latin America in terms of cement and clinker trade and distribution. It has more than twice the nu... |
Pakistan exports fall 25% in 5MFY15-1621 December 2015, Published under Cement NewsCement exports from Pakistan have fallen by more than 25 per cent in the first five months of the current fiscal year. Between July and November 2015 cement exports reached 2.56Mt, compared with 3.45Mt in the corresponding period of the previous financial year. Cement plants in the north sold 1.63Mt of exports, down by 25.2 per cent YoY, but dispatched 10.17Mt to domestic market, an increase of 14.6 per cent YoY. In the south, domestic growth was more robust at 21.1 per cent with sales i... |