Cement News tagged: Trading
Senegal turns to exports
This week it was announced that the Senegalese government would impose a new tax on the price of cement in the country of XOF3/kg or XOF3000 (US$4.84)/t. There are just three cement producers in Senegal – Sococim (Vicat group), Société Cimenterie du Sahel (SCS) and Dangote Cement Senegal – and they are expected to raise cement prices to pass on the cost of the tax to consumers. The governmen...
Iran: IME to resume cement trading
The Iran Mercantile Exchange’s (IME) export trading board, established to curb unhealthy competition among cement producers and other trades, is all set to resume cement trading, the head of the country's Cement Employers Association, Abdolreza Sheikhan, said. Founded in 2006, IME trades in agricultural, industrial and petrochemical products in the spot and futures markets. Iran's cement i...
Canada: McInnis sign 140,000t distribution deal
McInnis Cement announced it has signed an agreement with Gaspe Railway Corporation (Société du chemin de fer de la Gaspésie - SCFG) for the distribution of cement from New Richmond, Quebec, to various Canadian and US markets. The agreement relates to the transportation of approximately 140,000t of cement over a five-year period. The cement will be loaded into trucks at the mill site, transp...
Pakistan: cement exports fall on YoY basis in 5MFY2016-17
Pakistani 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 b...
Mechel, Russia, to supply 2-3Mt thermal coal to Tangshan Jidong
On 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 bas...
Clinker imports to Angola decreased 13% in 2Q16
Clinker 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. ...
USA: Portland and blended cement shipments in September fall 2.8%
Total 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...
Ghana: Chinese vessel accused of smuggling allowed to offload cargo of cement
Authorities 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 cr...
Vietnam: Song Lam first Malaysia exports
Vissai 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...
Pakistan: exports to Afghanistan decline
Cement 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 rega...
Uruguay: Ancap to explore export potential
Uruguay’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 c...
Pakistan: cement industry export revenue falls in 4MFY16-17
Pakistan 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 an...
HeidelbergCement merges HC Trading and Interbulk Trading
Following the acquisition of Italcementi by HeidelbergCement Group, HC Trading and Interbulk Trading have merged their operations into a new company with a total turnover of round US$1.4bn (based on 2015 trade volumes). The merger of HC Trading and Interbulk Trading under the entity of HC Trading BV will carry the group’s international trading activities, specialising in cement, clinker, co...
Fiji: Chinese clinker offloaded at Suva Port
Pacific Cement Ltd of Fiji is receiving a 22,000t shipment of imported Chinese clinker, according to Tomu Raturaga, boarding officer at Carpenters Shipping. The cargo is reportedly offloading from the vessel Mount Adams at Suva Port and will be destined for the cement producer’s 0.2Mta grinding plant in Lami. Pacific Cement Ltd, formerly known as Fiji Industries, is one of two cement pr...
USA: Portland and blended cement shipments in August rise by 3.1%
Total shipments of Portland and blended cement in the United States and Puerto Rico in August 2016 were 9.4Mt, up by 3.1 per cent from sales in August 2015. The leading producing states for Portland and blended cement in August 2016 were Missouri, Texas, California, Florida and Michigan, in descending order, and these accounted for about 42 per cent of the national total. The leading ce...
Algeria: building material imports fall in 9M16
Building material imports (cement, iron and steel, wood and ceramic products) stood at US$1.61bn over the first nine months of 2016, against US$1.95bn in the same period in 2015, down -17.65 per cent, the Customs told Algerie Press Service. Imported quantities shrunk to 7.95Mt against 8.14Mt , down -2.4 per cent, according to the Customs' National Centre for Data Processing and Statistics (...