Cement News tagged under: Supply-Demand
Bangladesh exports fall 11% YoY in July-Aug 201828 September 2018, Published under Cement NewsBangladesh's cement industry recorded an export revenue of US$1.85m during July-Aug 2018 compared to US$2.07m of the corresponding year-ago period, according to the Bangladesh Export Promotion Bureau. This equates to a fall of 10.6 per cent YoY in exports. The export figure also includes a minor amount of salt, stone and related products. Currently, the country is reportedly exporting cement to India, Myanmar, Nepal, Maldives and Sri Lanka. |
Vietnamese exports expected to rise 43% in September27 September 2018, Published under Cement NewsThe Vietnamese Ministry of Construction (MoC) has estimated that the country’s cement exports will rise 43 per cent YoY to 2.2Mt in September. The country’s exports from Jan-Sept 2018 are estimated to have reached 23.28Mt, already surpassing the full-year target set by the MoC of 18-19Mt. The country’s cement producers have recorded a cement sales volume of 72.82Mt for the year-to-date period, an increase of 38 per cent YoY, reaching 85 per cent of the full-year target. Domestic consumptio... |
Philippines notifies WTO of import investigation27 September 2018, Published under Cement NewsThe Philippines’ Department of Trade and Industry (DTI) has notified the World Trade Organisation of its preliminary investigation to determine whether cement imports are causing or threatening to cause serious injury to the domestic industry, according to the Manila Bulletin. In an initial review, the DTI noted that import surges are negatively affecting the competitiveness of local manufacturers. If the investigation shows positive results, it could result in provisional safeguards such... |
Production remains stable in Iran24 September 2018, Published under Cement NewsIran produced 24,085,446t of cement in the first five months of its calendar year, started on 21 March 2018, representing a minor increase of one per cent YoY from 23,841,346t. Volumes remained stable in the 23 July-22 August period, reaching 5.179Mt from 5.173Mt of the year-ago period. Furthermore, clinker production rose 2.7 per cent YoY to 26,096,428t in the first five months, according to the Guild Association of the Cement Industry Employers. |
Ecebol expected to meet 25-30% of Bolivian demand22 August 2018, Published under Cement NewsEmpresa Pública Productiva Cementos de Bolivia (Ecebol) is expected to meet 25-30 per cent of the country's cement demand from production at its Oruro and Potosi facilities once operational. The producer has been forecasted to sell 3m bags of cement during the 1H19 period, according to Esmerk. Ecebol is expected to launch on the market once the Oruro plant begins operations, with tests at the facility due to start at the end of this month. In 2019 production at the facility is likely to re... |
Uzbekistan prices rise above UZS700,000/t09 August 2018, Published under Cement NewsCement prices in Uzbekistan exceeded UZS700,000/t (US$89.96/t) in July, according to Uzbekistan Newsline. The highest prices for the material were recorded in Karakalpakstan (UZS764,000), Khorezm (UZS757,000), Syrdarya regions (UZS745,000) and Tashkent (UZS743,000). Both Kizilkumcement JSC and Bekabadcement JSC had previously set a price of between UZS430,000-490,000/t, depending on the place of sale. However, from 1 January, cement went into free exchange trading and some companies are no... |
Iran imports surge 106% in 1Q03 August 2018, Published under Cement NewsThe Islamic Republic of Iran Customs Administration (IRICA) has announced 4,407,695t of cement exports in the first quarter of the calendar year (21 March 2018-21 June 2019), valued at over US$159.3m. The volume of exports was consistent compared to the year-ago period, according to MEHR News Agency. Imports, however, surged 106 per cent YoY to 12,786t in the same period, with the value showing similar growth of 131 per cent to US$8.3m. In the 2017-18, the country produced 55,192,200t of... |
Belarus and Russia trade US$400m of cement in 2014-1802 August 2018, Published under Cement NewsThe Belarusian Architecture and Construction Ministry (BACM) has announced that US$400m of cement was traded between Belarus and Russia between 2014-2018. Anatoly Cherny, BACM minister, and Mikhail Skorokhod, president of Eurocement Group, met on Wednesday to discuss 1H18 results and future tasks, according to Belarus Daily News. A bilateral document was signed in 2014 allowing Eurocement to sell Belarusian cement in Russia, fully satisfying the demand for the country’s cement on the Russi... |
Caribbean Cement plans to restart exports next year27 July 2018, Published under Cement NewsJamaica's Caribbean Cement Co Ltd aims to restart exports next year following the completion of its expansion, according to the Jamaica Gleaner. The company stopped exports last year to focus on the project which is expected to be completed in 2018. "I would love to restart exports to markets such as Bahamas, Bermuda, Grenada and the Caribbean," said Peter Donkersloot Ponce, general manager, Caribbean Cement. "While we do our maintenance plan, we need to focus on our local market because w... |
Hail Cement and Tabuk Cement increase production26 July 2018, Published under Cement NewsSaudi cement producers are beginning to raise production to contribute to the US$500 Neom megaproject, according to Mubasher. Tabuk Cement and Hail Cement lead the production increases in the 1H18, showing a 20 and 55 per cent YoY rise, respectively. "Hail and Tabuk are beating volume trends as some contracts were awarded in the Neom area earlier this year," Anoop Fernandes, an analyst at SICO, reported to Bloomberg. While demand in the country is currently low on-year, forecasts predict ... |