Cement News tagged: Trading
Exports help Saudi cement sales rise 7% in December
Cement and clinker sales in Saudi Arabia rose 7.2 per cent YoY to 4.37Mt (including exports) in December 2018 compared to 4.08Mt in the previous year, reports Aljazira Capital. Clinker inventory increased 18.8 per cent YoY and 0.8 per cent MoM to 42.34Mt last month, but cement dispatches were down 10 per cent YoY. The plant utilisation rate in the Saudi cement sector fell to 54.1 per cent ...
INSEE Cement starts shipments into Hambantota International Port
Hambantota International Port has begun taking cement industry shipments in Sri Lanka, extending its bulk handling capabilities. INSEE Cement became the first cement producer to use the facilities at the port by unloading the Ithaca Patience, which discharged 27,150t of slag cargo. "The advantage of bringing in bigger ships provides economy of scale, and the efficiency with high productivity ...
Pakistan cement companies expect mixed results for 6MFY19
Pakistan cement companies are scheduled to announce their financial results for the second quarter and six months of FY18-19 in coming months. Top cement companies are expected to post a growth of over two per cent QoQ, or 37 per cent YoY decline for 1HFY19. According to a research report of IGI Finex Securities Ltd, based on provisional numbers, volumetric sales depict a modest four per cen...
Iran produces 41Mt of cement in last 9M of 2018
Iran produced 41Mt of cement during the nine months to 21 December 2018, of which 4.8Mt were exported, reports the Iran Cement Association. According to Iran Cement Association Secretary, Abdolreza Sheikhan, domestically-produced cement is currently priced at US$25-30/t in export markets, which indicates that export earnings amounted to US$120-144m for the reported period. "Cement productio...
Tajikistan exports US$65.4m of cement in 2018
Tajikistan exported 1.14Mt of cement in 2018, representing a value of US$65.4m. In 2017 exports stood at 970,100t and had a value of US$49.5m.The country exports cement to Uzbekistan, Afghanistan and Kyrgyzstan. Meanwhile, preliminary work began on the construction of a cement plant in Kubodiyon district, Khatlon – set to become the largest in the country, according to Azer News.
INC awards US$7m petcoke contract
Paraguay's Industria Nacional de Cemento (INC) has awarded the Sanfil GT consortium, represented by Christian Harrison Paleari, the contract for the supply of 24,000t of petcoke at a price of US$299/t. Delivery of the US$7m contract will be in two shipments of 12,000t each with the first shipment due for delivery by 5 February and the second by 15 March. The contract covers four months of pe...
China accounts for 15% of Central American cement imports
In the first half of 2018, Central America’s largest importing country was Nicaragua, which purchased cement from overseas sources to the value of US$28m, followed by Guatemala at US$18m. Smaller volumes were imported by El Salvador (US$12m), Honduras (US$7m), Panama (US$6m) and Costa Rica (US$5m), according to CentralAmericaData. YoY the volume of cement imports in the region advanced by tw...
APCMA cement dispatch data for 6MFY18/19
All Pakistan Cement Manufacturers Association (APCMA) has released dispatches data for 6MFY18-19, which shows mixed sales. Local dispatches contracted and export swelled during July-Dec 2018. Domestic cement dispatches declined in the first six months of FY18-19 by 1.4 per cent as compared to same period last year, which is the first drop in the last nine years. However, a surge in exports ...
Bolivia to prohibit poor-quality cement imports
The Bolivian government will verify the quality of imported cement as of the start of this year and if found to be insufficient, the consignment will not be allowed to enter the country, according to Eugenio Rojas, the country’s minister of Productive Development. “We now work to prohibit the import of poor-quality cement. The quality is shown by the drying of the product in less than 30 day...
Cement exports sliding for the last five years to Afghanistan
Export of cement from Pakistan to Afghanistan through land routes has started dwindling from the fiscal year 2010-11. During that period it was hovering at 4.715Mt and made Afghanistan a leading importer of Pakistan cement. According to the All Pakistan Cement Manufacturers Association(APCMA), since then, exports have started sliding and reached to 2.439Mt in 2015-16, 1.716Mt in 2016-17 and ...
Jidong renews coal contract with Mechel
Jidong Cement has renewed its coal contract with Mechel, according to the Russian metals and mining company. Mechel will supply Jidong Cement with up to 2Mt of thermal coal mined at the company’s South Yakutia facilities, Elgaugol and Yakutugol Holding Co. Monthly supplies will range between 100,000-150,000t of coal products and prices will be adjusted on a monthly basis following negotiatio...
Rock Hard Cement loses import tariff judgement
The Caribbean Court of Justice (CCJ) has ruled in favour of Trinidad Cement Ltd (TCL) and Arawak Cement Ltd over their dispute with importer Rock Hard Cement to have the tariff remain at 60 per cent for imported hydraulic cement to Barbados, rather than being lowered to five per cent. The court is still to determine the classification guidelines for hydraulic cement that Rock Cement imports f...
CILAS ships first clinker exports to west Africa
Ciment Lafarge Souakri (CILAS) carried out it first export operation of 35,000t of clinker from Algeria’s Annaba port to west Africa. The shipment is part of LafargeHolcim Algeria’s drive to export more than 2Mt of product in 2020. "This new transaction underscores the LafargeHolcim Group's unwavering commitment to diversify the country's non-hydrocarbon revenue," said LafargeHolcim Algeria....
CeMAP supports DTI safeguards against rising imports
The Department of Trade and Industry (DTI) has received industry backing to establish safeguards to protect local producers against the rising levels of cement imports in the Philippines. The Cement Manufacturers' Association of the Philippines (CeMAP) supports the safeguards, reporting that cement imports reached 3.4Mt in the first 3Q18. State-owned and subsidised Vietnamese cement producers...
Southern Province Cement to sell 20,000t of cement to Yemen
Southern Province Cement has signed an agreement to export 20,000t of Portland cement to Yemen. The contract expects to deliver the volume over a three-month period, starting from the date of the first shipment, according to Reuters.
Iran exports 7.65Mt of cement and clinker
Iran 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...