Cement News tagged under: imports
Japan: towards higher profits07 July 2020, Published under Cement NewsWith an ageing population and requirement for more construction investment, the Japanese cement industry faces many challenges. There is a need for the sector to return to profitable pricing levels and modernise its production facilities, particularly as energy conservation and emissions reduction requirements shift from a domestic to a global focus. By Hajime Inoue, Japan Credit Rating Agency Ltd, Japan. While medium-term cement demand is robust, Japan’s ageing population and lagging... |
JSW Group reportedly set to reduce imports from China02 July 2020, Published under Cement NewsParth Jindal, managing director of JSW Cement, has announced on social media that JSW Group plans to reduce its net imports from China. "The JSW Group have a net import of US$400m from China annually and we pledge to bring this down to zero in the next 24 months," said Mr Jindal. In the comment, Mr Jindal referred to the clash on the border of both countries, which took place earlier in June. JSW Cement currently imports clinker from China to supply its grinding operations. |
Spain’s demand for cement contracts 18% in May23 June 2020, Published under Cement NewsCement consumption in Spain has fallen 17.8 per cent YoY to 1.144Mt in May as construction works halted in April due to the COVID-19 pandemic, according to Oficemen, the country’s cement association. However, cement exports increased 11 per cent YoY while imports fell 55.6 per cent YoY. In May output from domestic cement plants. declined 5.6 per cent YoY to 1.4Mt, when compared with 1.5Mt of cement manufactured in May 2019. January-May 2020 In the year to date, cement production droppe... |
Israel's Economy Minister seeks higher import tariff22 June 2020, Published under Cement NewsIsrael’s Minister of Economy, Amir Peretz, announced on Friday that he intended to raise the tariff on imported cement from 0.25 per cent to 17.25 per cent, according to The Times of Israel. However, the motion was blocked by the Finance Minister, who must approve the move. Mr Peretz explained his intentions by noting that cement was being sold to Israel at dumping prices, which are harming the local industry. The low prices had also not brought down housing costs. Nesher, Israel’s mai... |
PPC: Zimbabwe cement sector needs support19 June 2020, Published under Cement NewsZimbabwe’s largest cement producer, PPC Zimbabwe, has called for urgent measures to protect the domestic cement industry from cement imports. Despite having adequate capacity to supply the local market, Zimbabwe remains a destination for cheap and substandard cement products, which are finding their way through the country’s borders as well as via smuggling, according to PPC Zimbabwe Managing Director, Mr Kelibone Masiyane, in The Herald. Mr Masiyane went on to say that the local cement ... |
Peru’s cement demand plummets by 69% in May16 June 2020, Published under Cement NewsCement consumption in Peru fell by 69.1 per cent YoY to 298,300t in May 2020, according to the country’s cement association, Asocem. Cement production fell by 70 per cent to 263,000t in May 2020 when compared with May 2019 but recovered considerably when compared with April 2020 when COVID-19 impacted operations at the country’s cement plants. Clinker output fell 93.9 per cent YoY to 46,000t. Domestic production was supplemented in May 2020 by 32,000t of cement imports, down 35.1 per cen... |
BCMA calls for 60% cut in duties on clinker imports10 June 2020, Published under Cement NewsThe Bangladesh Cement Manufacturers' Association (BCMA) has issued a call for the government to cut import duties of clinker by 60 per cent. "We had zero sales during the countrywide closure in the last two and a half months," said Md Alamgir Kabir, president of BCMA. "So for our survival we need the import duty on clinker, the sector's major raw material, to be brought down to BDT200/t from the existing BDT500/t." The sector counted a loss of around BDT6bn from 26 March to 30 May, accord... |
Argentina’s cement dispatches decline 33% in May05 June 2020, Published under Cement NewsCement consumption in Argentina decreased by 32.8 per cent in May 2020 to reach 648,562t, according to new data published by AFCP, the country’s cement association. In May 2019 domestic dispatches were 964,733t. All volumes were supplied by Argentine cement producers with no imports entering the country. In addition, domestic producers exported 4573t of cement in May 2020, down 48.6 per cent when compared with 8891t of cement exported in May 2019. January-May 2020 In the first five mont... |
US cement market expands 5% in March29 May 2020, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico advanced 5.1 per cent YoY to 7.7Mt in March 2020, according to the US Geological Survey (USGS). The leading consuming states in the US were Texas, California, Florida, Georgia and North Carolina, with a combined share of 45 per cent of March shipments. In terms of output, Texas, California, Missouri, Florida and Alabama were the top five states. No plant closures or idlings due to the coronavirus... |
Peruvian cement consumption plummets in April19 May 2020, Published under Cement NewsPeru’s cement market sharply contracted to 5700t in April 2020, down from 883,000t in April 2019 and from 488,000t in March 2020, according to Asocem, the country’s cement association. Cement production fell 98.7 per cent YoY to 10,000t in April 2020 from 811,000t in April 2019 and 97.5 per cent MoM from 419,000t in March 2020. There was no clinker output from Peru’s cement producer in April 2020. In April 2019 clinker production stood at 796,000t while in the previous month 352,000t of ... |