Cement News tagged under: exports
Peru’s cement market contracts by 10% in August18 September 2023, Published under Cement NewsCement dispatches in Peru declined by 10 per cent YoY to 1.089Mt in August 2023 from1.211Mt in August 2022, according to the country’s cement association, ASOCEM. Of this total, ASOCEM members supplied 1.015Mt, down from 1.167Mt in August 2022. Non-members dispatched 74,000t, up from 44,000t in August 2022. However, when compared with July 2023, dispatches were up six per cent. Cement production in member plants was down 12 per cent YoY to 1.011Mt in August 2023 from 1.145Mt in the year-ag... |
Caribbean Cement to boost exports18 September 2023, Published under Cement NewsCaribbean Cement Co Ltd (CCCL) has exported 3400t of cement to the Turks and Caicos Islands, a volume it hopes to ramp up once its expansion plans are completed. The company is currently extending its kiln capacity as part of a US$40m investment plan, boosting production capacity by up to 30 per cent. “As soon as we have available product, available capacity, we will always sell it to Jamaica. This is our priority. However, there is a market out there for us. We will actively look for o... |
Saudi Arabia's exports fall 21% YoY in August15 September 2023, Published under Cement NewsSaudi Arabia saw its cement exports decline by 21.3 per cent in August 2023 to 620,000t. This compares to 788,000t in the same month a year earlier, according to Aljazira Capital. Domestic sales in August 2023 came in at 3.96Mt, marking a contraction of 9.6 per cent from the 4.38Mt recorded in August 2022, reports Zawya. Clinker inventories stood at 39.5Mt in August, up 10.5 per cent YoY and 1.2 per cent compared to July 2023. This marks the highest inventory level since Septem... |
Pakistani cement likely to get caught up in Torkham border suspension15 September 2023, Published under Cement NewsPakistan imports/exports in general and incoming/outgoing dispatches of containers/cargo from Pakistani ports to Afghanistan, as a transit trade facility in particular, have been suspended at the Pakistani-Afghan Torkham border (northwestern Pakistan) for the last week due to tension between Islamabad and Kabul. As a result, hundreds of trucks carrying essential goods have been stranded on both sides since the border was shut down after an exchange of fire in a dispute over an under-co... |
Iranian cement consumption sees 16% rise in August13 September 2023, Published under Cement NewsIran’s cement market expanded by 15.9 per cent YoY to 5.77Mt in August 2023 from 4.98Mt in August 2022, according to the Iranian Cement Association. Cement production increased by 13.8 per cent YoY to 5.6Mt while clinker output edged up by 1.8 per cent to 5.72Mt in August 2023. Domestic cement producers exported 0.38Mt of cement, up 26.7 per cent YoY, but clinker exports fell by 16.5 per cent YoY to 0.66Mt in August 2023. |
Argentine dispatches slip 1% in August12 September 2023, Published under Cement NewsCement dispatches in Argentina declined by 1.4. per cent YoY to 1,209,746t in August 2023 from 1,226,632t in August 2022, according to the country’s cement association, AFCP. Domestic cement production fell 1.6 per cent to 1,211,267t in August 2023 when compared with an output of 1,231,313t in August 2022. While cement producers supplied the entire domestic market, they also exported 1521t of cement in August 2023, down from 4682t in August 2022. January-August 2023 In the January-Aug... |
Brazilian cement sales up 2% in August08 September 2023, Published under Cement NewsCement sales in Brazil increased by 1.8 per cent YoY to 5.973Mt in August 2023 from 5.867Mt in August 2022, according to the national cement association, SNIC. The recovery of the macroeconomic framework and of the labour market as well as the initial results of the debt settlement programme (Programa Desenrola) are leading to improved consumer confidence. However, the lower income of the population, high interest rates and high family indebtedness are continuing to affect cement sales. ... |
Pakistan's cement dispatches pick momentum in August 202307 September 2023, Published under Cement NewsPakistani cement dispatches saw encouraging figures in domestic and overseas markets in August 2023. Usama Rauf, the investment analyst at AKD Securities, stated that cement sales witnessed a significant surge, increasing by 41 per cent and 37 per cent MoM and YoY, respectively, reaching 4.52Mt. This notable increase is primarily attributed to the low base effect, mainly due to the impact of the monsoon season on construction activities. Additionally, the same period last year was heavily im... |
Italy’s cement exports see 28% rise in May05 September 2023, Published under Cement NewsCement production in Italy increased by four per cent YoY in June 2023, according to the national construction chamber, Federbeton. When compared with the 2015 base index, the output value advanced from 93 in May to 98 in June. However, in the first six months of the year output was down five per cent when compared with the 6M22. However, cement prices increased 11 per cent YoY in June 2023, following a 13 per cent YoY rise in May 2023. Compared with the 2015 base index, prices slipped from... |
Minister visits Sigus cement and calls for more competitive cement pricing05 September 2023, Published under Cement NewsSigus Cement ( GICA Group ) recently welcomed the inspection field visit of the Minister of Industry and Pharmaceutical Production, Ali Aoun, to the wilaya of Umm Al-Bawaqi, Algeria. Mr Aoun called for improving the competitiveness of cement prices when selling to contribute to the completion of major technical projects in the country, in addition to intensifying efforts aimed at developing the export of cement, where he stressed the support of the public authorities. He inspected t... |