Trading

07 December 2012

India: cement firms hit by high coal prices

Input cost pressures for cement manufacturers have lately been rising due to international coal prices gaining 4% MoM in December, 2012 to average US$90.8/t in the first week of December coupled with 0.6% rupee depreciation against the dollar during the same period, says a Shajar Capit...

06 December 2012

Pakistan cement shows a growth of 3.43% in 5MFY 2013

Pakistan cement manufacturers and exporters during 5MFY 2013 showed a growth of 3.43% to raise total cement dispatches to 13.127Mt from 12.691Mt during the corresponding period of last year. The breakdown showed that...

26 November 2012

India imposes export barrier for Pakistani cement

India has made cement exports subject to a performance bank guarantee of US$10,000 to be supplied by exporters. In a letter issued by the Bureau of Indian Standards (BIS) to all foreign cement manufacturers, said ...

20 November 2012

Paraguay’ INC plans to increase cement prices

Industria Nacional del Cemento intends to raise the price of cement to offset its high production costs. While no official figure has been released yet, data indicate that the company is currently suffering a PYG6000...

15 November 2012

Holcim increases cement price 6.6% in Mauritius

Holcim has announced a rise in its cement prices in Mauritius. Customers will pay MUR211.60, up from the current MUR198, representing an increase of 6.6 per cent. The increase will cover both OPC and Ecocem. Bulk cem...

15 November 2012

India: cement dealers in the state will go on an indefinite strike

The agitation, spearheaded by Kerala Cement Dealers Association, is likely to severely affect infrastructural development activities in the state. A ccording to the association State president Sojan Scaria, the Stat...

16 November 2012

South Africa: Vietnam cement imports investigated

The National Regulator for Compulsory Specifications (NRCS) has confiscated some sub-standard cement imported into South Africa from Vietnam and is investigating complaints lodged about the quality of two other impor...

15 November 2012

Pakistan: Building material costs to rise

While local Pakistani companies are anticipating a rise in building materials costs over the next year, their counterparts in Iran are already experiencing a hike of up to 30 per cent under the pressure of trade sanc...

14 November 2012

Hike in Algeria’s cement import bill

Cement imports into Algeria rocketed by 86 per cent in terms of value during the first nine months of 2012, rising from US$102.1m to US$190.4m, said the National Centre of Informatics and Statistics (CNIS). The incre...

25 September 2012

Cosmos ships 36,000t of clinker to Brazil

Cimpor-owned Cosmos Cement will be shipping 36,000t of clinker from its Spanish Toral de los Vados works to the Brazilian town of Recife. The shipment, which started loading on Monday is the first of the new Langoste...

24 September 2012

Ohorongo sounds alarm over cement imports

If infant industry protection cement imports are not left in place, an investment of more than NAD2bn (US$241m) in the Namibian economy and hundreds of jobs created in the process could be at risk, according to Hans-...

28 August 2012

Texas Industries asks Commerce to probe Greece, Republic of Korea imports

Texas Industries, through its subsidiary TXI Operations, submitted a letter on 24 August 2012 to the Department of Commerce and the Interagency Trade Enforcement Center, asking that Commerce self-initiate anti-dumpin...

24 August 2012

Pakistan cement industry earns US$46m from exports in July 2012

Pakistan's cement manufacturers and exporters exported 545,125t of cement and earned US$46.197m in the first month of current FY12-13, ie July 2012, compared to 612,500t at US$52.064m in June 2012. This reflects a...

20 August 2012

Pakistan loses Afghan cement market share to Iran

The declining trend of cement exports continues to worry Pakistani manufacturers as cement exports to Afghanistan have plummeted by 10 per cent annually, owing to availability of cheaper Iranian cement there. The i...

11 May 2012

Chettinad plans to delist, India

The promoters of Chettinad Cement Corporation are making a voluntary offer to the company's public shareholders to delist the shares from stock exchanges. The stock is currently listed on the National Stock Exchan...

11 May 2012

Dangote plans London listing by 3Q13

Aliko Dangote said on Thursday he was aiming to list his US$11bn cement company on the London stock exchange by the third quarter of 2013. "If the market is good by next year, we will hit the market, sometime. Mayb...