Cement News tagged: Trading
Mexico's cement exports up 11% in 11M20
Mexico's exports of cement advanced 11 per cent YoY in the 11M20, according to Market Data México. Exports rose from US$168m in the 11M19 to US$186m in the 11M20. The main destination for Mexican cement exports was the USA, which reported sales of US$141m, followed by Guatemala, which bought cement to a value of US$10m. Exports to Belize accounted for a further US$8m while Mexican cement pro...
Lebanon to allow cement imports by individuals
Lebanon’s outgoing Minister of Industry, Imad Hoballah, indicated that the country would allow individuals to import cement to lower the price of cement. Cement prices have risen from LBP240,000/t (US$159.20/t) to LBP1.3m/t following the total closure of the country, including its cement plants, between 14 January-7 February. Imported cement must meet specific technical criteria and be cheape...
Southern Cement ships 3Mt of cement through Ipswich
Southern Cement has reached the 3Mt milestone as general cargo vessel MV Arklow Raider arrived from Bilbao into the port of Ipswich, UK, with 4600t of cement. The cement company started using the port in 2002. Dean Wessels, operations manager at Southern Cement, said: “We are delighted to reach the milestone of 3Mt of cement through our operation at Ipswich. We could not have achieved this w...
CEMBUREAU reacts to Carbon Border Mechanism vote
C EMBUREAU , the European Cement Association, has reacted to the adoption of the European Parliament’s Environment Committee report on Carbon Border Adjustment Mechanisms (CBAM). “A CBAM is a useful tool to address the imports of products not subject to similar carbon constraints in the European Union and therewith mitigates the carbon leakage risk allowing the European cement industry to d...
Ugandan exports to DR Congo up 30% in 2019-20
Exports of cement from Uganda to the Democratic Republic of Congo (DRC) have increased by 27,000t in the last two years, according to Israel Tinkasimire, Hima Cement’s commercial director. The increase represents a 30 per cent expansion and has created an alternative market for Ugandan cement companies since Rwanda considerably reduced its intake of Ugandan cement in February 2019, when Kiga...
Pakistani cement exports fall 9% in December
Cement exports from Pakistan saw an 8.6 per cent YoY decline to US$19.253m in December when compared with US$21 in December 2019, according to the Pakistan Bureau of Statistics attributed this drop to the closure of ports, lower trade activity on the Pakistan-Afghanistan border and lower demand from international buyers as a result of the coronavirus pandemic. MoM cement exports were up 6.2 ...
Pakistani cement producers increase output
The output of Pakistan's large-scale manufacturing industries (LSMIs), including cement production, witnessed an increase of 14.5 per cent YoY in November 2020, and of 7.4 per cent YoY in 5MFY20-21, according to Pakistan's Federal Bureau of Statistics. Pakistani cement production increased by 21.3 per cent YoY to 20.442Mt in July-November 2020 from 16.852Mt in the same period last year....
Ukrainian court dismisses claim to cancel anti-dumping duties
Ukraine’s District Administrative Court of Kyiv has reportedly dismissed the claim of the managing company of Belarusian Cement Co and its local importers regarding the cancellation of anti-dumping duties on cement imports into Ukraine, established by the Interdepartmental Commission on International Trade in May 2019. The news was reported by the Ilyashev & Partners Law Firm, which represent...
PT Semen Padang exports 1.5Mt in 2020
Indonesia’s PT Semen Padang has announced it exported more than 1.5Mt of cement and clinker to various destinations during 2020, including Bangladesh, China, Malaysia, Myanmar, the Philippines, Australia, Maldives and Sri Lanka. The most clinker exports were sent to Bangladesh, Myanmar, China, Malaysia and the Philippines. The majority of cement exports were dispatched to Australia, Maldive...
A promising start to the new year in Pakistan
The cement industry in Pakistan kicked off the FY20-21 on an exciting note. During the first six months of the current fiscal year, total cement dispatches grew by 15.7 per cent, from 24.751Mt in July-December 2019, to 28.628Mt in July-December 2020. Local dispatches have increased by 15.9 per cent in July-December 2020 to 23.61Mt from 20.373Mt in July-December 2019. Exports also increased fro...
Philippine Tariff Commission questions DTI's October import duty rise
The Tariff Commission, in the Philippines, has questioned the decision of the Department of Trade and Industry (DTI) to increase the definitive safeguard duty on imported cement by PHP0.80 to PHP9.80/40kg bag (US$0.016-0.23/40kg bag) starting in October 2020. Ernesto Albano said the three-year schedule of safeguard tariff implementation should be followed according to the law. The safeguard...
Annaba port exports 300,000t clinker in 2020
The port of Annaba in Algeria has exported 300,000t of clinker to several African countries since the start of 2020. Furthermore, by improving port services and supporting exporters through a modern logistics service, the port plans to increase the volume of clinker exports in 2021. The port company plans to build covered spaces for the storage of export clinker and acquire modern loading a...
Pakistan look to resume cement exports to South Africa
Pakistan's Intermarket Securities Ltd has reported that cement manufacturers are hopeful that exports to South African might resume soon as anti-dumping duties expire on 17 December 2020. Earlier, the International Trade Administration Commission (ITAC) of South Africa has issued a notice announcing the start of a review on the anti-dumping duties as their five-year term is set to expire. ...
Hail Cement to repay outstanding loan amount
Hail Cement said its Board of Directors decided on 15 December 2020, to pay early and in full the balance amount of the loan from the Saudi Industrial Development Fund (SIDF). The amount of SAR152m (US$40.53m) is what is left from the original loan amount of SAR300m. A total of SAR148mis has already been repaid, the firm said in a statement. The financial impact will be reflected in the...
DTI reviews cement import duty
The Philippines’ Department of Trade and Industry (DTI) has ordered that, for the second year of the three-year implementation period of the safeguard measure against imported cement, a PHP9.80 (US$0.2) duty will be imposed on every 40kg bag of imported cement or PHP245/t. The second-year duty covers cement imports from various countries from 22 October 2020 to 21 October 2021, according to...
Pakistan shows healthy dispatches in November 2020
Pakistan's cement industry dispatched 4.508Mt domestically and overseas in November 2020, recording a growth of 4.2 per cent on a YoY basis, according to the All Pakistan Cement Manufacturers Association (APCMA). Out of the total dispatches, the local share increased by 6.3 per cent to 3.742Mt from 3.521Mt in November 2019, while exports registered a reduction of five per cent to 766,2...