Cement News tagged: International
Iran's output falls 4% YoY in 6MFY17-18
The output of Iran’s cement industry fell by 3.7 per cent YoY to 28.5Mt for the first six months of the current financial year (started 20 March 2017), according to Trend News Agency. Despite this decline in output, the country’s capacity has increased within 2017 to 83Mta from 72 plants. Deterioration in Iran’s cement exports means that it lost its 2014 ranking of second-largest exporter i...
Cement demand in Peru up 2.5% in November
Cement consumption in Peru totalled 0.902Mt in November, representing a 2.5 per cent YoY rise but a MoM drop of 2.5 per cent, according to Asocem, the country’s cement association. Output from Peru’s cement plants increased six per cent YoY but declined 3.3 per cent MoM to 0.892Mt in November 2017. Between January-November 2017, domestic dispatches reached 8.709Mt, representing a 1.1 p...
Cementos Especiales de las Islas works demolition starts
The demolition of Cementos Especiales de las Islas started on 20 December. Located on the northeastern boundary of Puerto-Ciudad, Las Palmas de Gran Canaria, the cement plant was one of the few industrial facilities that remained in the area before the moving out of most industry. The cement plant makes way for the area’s ambitious regeneration plan that will see the port be transformed int...
Event held to review standardisation of cement in Nigeria
Officials from the Standard Organisation of Nigeria (SON), representatives of professional bodies in the construction industry and academics recently reviewed the quality of Nigerian cement and ensure that it was meeting the requirements of the International Standard Organisation, according to the Nigerian Tribune. Director of Standard, Chinyere Ifeoma, acknowledged the high demand for qua...
Sino Zimbabwe seeks land for industrial park and housing
Sino Zimbabwe Cement is seeking land from Zimbabwe’s government to build an industrial park and housing on the outskirts of Gweru. In addition, it has approached the government to acquire 2500m2 in Gweru’s central business district for the construction of administrative offices. “Sino Zimbabwe Cement has approached us seeking land for its various projects.They want land from Gweru City Coun...
Coal price to come down, freight rates to harden
Chinese coal prices, which have fluctuated between CNY550-750/t (US$83.60-114/t) in the past two years, are set to ease going forward, as it is anticipated that the country's policy makers will allow Chinese miners to increase production again in response to prices reaching the upper range of US$100/t in Newcastle. Coal producers outside China are also ramping up production, tempted by the ...
ENERGY – OPEC consolidates oil while India shakes petcoke, coal high
Prices at a glance Crude oil - bbl US$64.00 Coal API 4 - 1Q18 US$91.25 Coal API 4 - Cal2018 US$88.00 Petcoke USGC 4.5% 40HGI FOB US$82.00 USGC 4.5% 40HGI cf ARA US$100.50 USGC 6.5% 40HGI FOB US$72.50 USGC 6.5% 40HGI cf ARA US$91.00 In November the US dollar was supported by...
Indian cement prices to increase by January
Cement prices in India are expected to increase by INR3-4/bag by mid-January as the government has decided to hike the import duty on petcoke from the current 2.5 to 10 per cent. The rise in duty is expected to increase production costs by INR50-60/t and sector analysts predict the increase will be passed on to customers. "In case they are not passing it on, their EBITDA is likely to ge...
Vietnam faces an increase in oversupply
Vietnam is expected to increase its supply glut in the run-up to 2020, according to Vietnam Net. By 2020 total domestic cement capacity is expected to reach 120-130Mta while domestic demand is forecast to increase by 5-6Mta to reach 82Mt by 2020. This would result in an oversupply of 36-47Mt. The Vietnamese cement industry has been raising its supply by 6.8Mt last year as Song Lam cement pla...
Cement output in Azerbaijan up 25% in 11M17
Production of cement in Azerbaijan increased by 24.8 per cent to 2.66Mt in the first 11 months of 2017, according to Trend News Agency. In addition, ready-mix concrete production increased by 75.4 per cent to 678,300t while production of prefabricated concrete structures saw a 1.7 times hike to 141,200m 3 .
Uzbekistan plans to produce 9.2Mt in 2018
The government of Uzbekistan has approved a balance of production and consumption of cement for 2018. The country plans to produce 9.198Mt of cement in 2018, with Uzstroymateriali to produce 7.775Mt. Almalyk Mining and Metallurgy Combine’s output is expected to reach 998,000t and other companies some 425,000t. The forecast domestic consumption will surpass 9.534Mt, which will include 37...
Bridge closures in Ghana raise cement prices
The price of cement in Tamale, Ghana, has risen to GHS34-35 per bag (US$7-7.70 per bag), an increase of GHS3, on the back of a cement shortage due to bridge closures in the the Central Gonja District. The price hike is a result of Dangote requiring an alternative transport route and Diamond Cement halting production. The bridges are closed for major repair work to save them from further det...
Kyrgyzstan to attract investment for new Ozgorush plant
The Vice Chairman of the Kyrgyz Government, Dair Kenekeyev, has ordered the Agency for Promotion and Protection of Investments to attract investments to the Ozgorush cement plant. The new plant is expected to have a capacity of 1-1.5Mta of cement.
New 1.5Mta cement plant for Timektane inaugurated
Algeria’s Prime Minister, Ahmed Ouyahia has inaugurated a new 1.5Mta cement plant in Timektane, 260km from Adrar. Further expansion of the DZD21bn (US$181m) works is planned in a second stage, which will take cement capacity to 3Mta. The project is a joint venture by STG Sidi Moussa, which owns a 71 per cent stake, and China Triumph International Engineering Co (CTIEC Beijing), which ho...
Moroccan demand up 5% in November
Cement demand in Morocco increased 5.2 per cent YoY in November 2017 to 1,274,165t from 1,211,298t in October 2016, according to data by the country's Ministry of Housing and Urbanisation. Market expansion was particularly strong in Dakhla-Oued Ed-Dahab, which saw consumption increase 47.6 per cent to 8500t in November when compared with November 2016 volumes. The Tanger-Tétouan-Al Hoceima ...
Vietnam exports rise 30% for the first 11 months of 2017
Vietnam exported 17.48Mta of cement and clinker worth US$613.3m in the first 11 months of this year, according to Vietnam News. This represents a 30.4 per cent increase in volume and a 20.2 per cent rise in value from the year-ago period. In November 2017 exports of clinker and cement reached 2.4Mt, a significant increase of 43.3 per cent in volume from the previous month. The value of thes...