Cement News tagged: Trading
Vietnam cement exporters fail to hit target
Vietnamese 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 boos...
Pakistan exports fall 25% in 5MFY15-16
Cement 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...
APCMA asks to impose 20% regulatory duty on Iranian cement
All Pakistan Cement Manufacturers Association (APCMA) has requested the Ministry of Finance to impose regulatory duty on cement imports from Iran to save the local industry. In a letter to the Finance Secretary, Waqar Masood Khan, APCMA Chairman, Mohammad Ali Tabba, said that cement imports from Iran have touched “alarming” levels. “Over the last year, larger and larger quantities are arrivi...
Pakistan: Iranian imports continue to hurt domestic producers (APCMA)
The All Pakistan Cement Manufacturers Association (APCMA) said markets in areas near the Pakistan-Iran border and the coastal areas of Baluchistan continue to be flooded with Iranian cement which is sold well below the PKR525-550/bag charged by local cement producers. In a letter to Federal Secretary of Commerce, Muhammad Shehzad Arbab, APCMA chairman, Muhammad Ali Tabba, urged the Ministry...
Pakistan’s September cement sales and exports fall
September’s figures were disappointing for the cement industry as dispatches registered 2.95Mt, a decline of 6.4 per cent annually (-3.7 per cent monthly). As anticipated, exports continued their downward fall by 36 per cent YoY where growth in local dispatches (+2.5 per cent YoY) failed to compensate for the decline in exports. The main reason for the export decline is the proliferation o...
Dominican Republic: Haiti export ban expected to cost Cemento Andino DOP2m
The ban on exports to Haiti will cost Cementos Andino DOP2m, according to Cementos Andino President, Nelson Bello. The road transport sector is expected to be significantly affected as 300-400 trips/month are made to supply Haiti with the required product. An alternative is to increase shipments to Port au Prince the Port of Cabo Rojo, in which the company has invested more than US$18m in ...
Lafarge Zimbabwe reports half-year loss
The local Zimbabwe unit of LafargeHolcim reported an after tax loss of ZMD1.39m for the half year to June from a loss of ZWD1.32m in the prior comparable period, on weak demand as the country’s construction industry remains subdued. Lafarge Zimbabwe said volumes of cement sales were down seven per cent during the first half of the year, resulting in a decline in revenue to ZMD25.4m from ZMD2...
Algerian cement import value falls 13% in Jan-Jul 2015
The value of cement imports into Algeria during the first seven months of 2015 fell from US$352.92m to US$306.94m, down 13 per cent YoY, according to Customs data. In terms of volumes, a 4.4 per cent decrease was noted from 3.83Mt to 3.66Mt. The fall has been attributed to increased demand for domestically-produced product, encouraged by the government. Since end-2014, developers are no lon...
Chinese imports lower Costa Rica’s cement price by 20%
Construction costs in Costa Rica are lower due to the import of Chinese cement, according to local news service La Republica. Chinese imports retail at around 20 per cent below cement produced locally by Cemex and Holcim. However, to date the imported cement has not received certification of compliance with domestic standards although initial samples have proved positive. Cement is imported ...
Zambezi Portland lowers cement price
Competition has forced Zambezi Portland Cement (ZPC) to introduce a new and cheaper cement brand onto the domestic market. The arrival of Dangote Cement in Zambia with its greenfield Masaiti plant has seen cement prices tumble from ZMW70 (US$6.93) to ZMW50 (US$4.95) in a few months. ZPC’s new cement is aimed at the block-making, road construction and light construction market. The price of t...
Reliance Cement joins e-commerce world
Reliance Cement Co Pvt, a subsidiary of Reliance Infrastructure, has announced its entry into e-commerce via a new "e-tailing" facility, which will be initially available in Uttar Pradesh, Madhya Pradesh and Maharashtra, India. The e-tailing facility is available for a minimum order of 25 bags and delivery to customer will take place within 48h. "With this, Reliance Cement has become one of...
Pakistan’s cement exports continue to fall
Pakistan cement manufacturers and exporters during the month of July 2015 exported 469,406t of cement and earned export revenue of US$ 27.52m compared to 508,541t at US$30.25m in June 2015. This was a fall of 7.7 per cent and nine per cent in terms of quantity and value, respectively on MoM basis, says data of Pakistan Bureau of Statistics. But, if compared with data of July 2014 (553,226t ...
Ghana's cement producers seek protection
Ghana's cement producers are under pressure from cheap Chinese imports of bagged cement. The domestic producers have been supported in their struggle by a customs review of the cost and freight value of imported cement which have been adjusted from US$25/t to US$60/t. Dr George Dawson-Ahmoah, chairman of the Ghana Cement Manufacturing Association (GCMA) and strategy and corporate affairs dir...
CEM Asia Trading, Dubai ships Oman gypsum to Bahrain
CEM Asia Trading, Dubai has undertaken the first shipment of natural gypsum from Oman to Khalifa Bin Salman Port, Bahrain, for Falcon Cement. Gypsum being discharged at the Khalifa Bin Salman Port, Bahrain Shipments had previously been carried out from Iran to Bahrain in small barges. However, a source told CemNet News that given the high purity of gypsum originating from Oman ...
Namibia’s Ohorongo Cement is boosted by exports
Ohorongo Cement, Namibia’s sole cement manufacturer, has produced about 2.4Mt of cement for both local and foreign consumption over the past five years, according to managing director Hans-Wilhelm Schütte. Situated over 30km north of Otavi in the Otjozondjupa region of Namibia, the plant produces around 4400 bags of cement per hour, which is dispatched to local and export markets such as Zam...
Côte d’Ivoire to import 90,000t of cement
Côte d’Ivoire will import 90,000t of cement as the country tackles its cement shortage, according to the country’s government. The shipment is the first of a total import operation that will see 300,000t enter the west African nation. The increase in real estate construction projects has led to a surge in cement demand, putting upward pressure on prices.