Trading

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 increase – from 1.104Mt to 2.076Mt – can be attributed to the high demand f...

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...

11 May 2012

Concerns over price hikes, Trinidad & Tobago

The Trinidad and Tobago Manufacturers' Association has expressed concern of a 19-21 per cent rise in prices. The situation is affecting the TTMA's members and severely hampering the construction industry, Trinidad ...

03 May 2012

Guyana: consumers urged not to buy cement at inflated prices

Acting Commerce Minister Irfaan Ali is advising consumers not the pay the increase in what he has described as extremely inflated prices for cement in Guyana. According to the minister a price of GYD1395 (US$6.90)...

02 May 2012

India: cement closures called in Rayalaseema

The Rayalaseema Rashtra Samiti, an organisation based in Proddatur of Kadapa district, has given a closure call for all cement factories in the four Rayalaseema districts on 23 May if the price per bag is not reduced...

02 May 2012

India: cement prices have started to weaken

CLSA India says cement prices have started to drop across India, with dealers expecting more falls ahead, according to its India Reality Research survey. Cement prices have fallen by an average of 2% per bag since...

26 April 2012

Pakistan cement exports earn US$339m in 9MFY2011-12

During 9MFY2011-12 (July-March), Pakistan cement exporters saw recovery in cement exports in terms of value. In Pakistani currency, the export also rose by 6.06%. In addition, the average cement price improved. Th...

23 April 2012

Nigeria: cement manufacturers seek import ban

Nigerian cement manufacturers have called on the federal government to ban bulk cement imports before the government’s August deadline, claiming that the volume of cement currently produced in the country is enough t...

23 April 2012

Pakistan: cement import starts through ICP

The newly-opened Integrated Check Post (ICP) has received its first Pakistani cement imports from the road route, but traders continue to be unhappy over the high handling charges. Earlier, India was importing cement...

10 April 2012

Oman forecast to see increased exports

Oman is expected to witness increasing exports this year thanks to demand from markets like Yemen and East Africa, a new research report has forecast. Raysut Cement is expected to be a major beneficiary as exports ac...