Cement News tagged under: imports
BCMA calls on government to lower customs duty on clinker14 June 2023, Published under Cement NewsThe Bangladesh Cement Manufacturers Association (BCMA) has urged the country’s government to reduce the customs duty on clinker. Cement producers are currently required to pay a duty of BDT500/t (US$4.61/t) on imported clinker. The government has proposed to increase this to BDT700 in its budget for the next fiscal year. Alamgir Kabir, president of the BCMA, says the association has been campaigning for a reduction in the customs duty for some time now, in the hope of lowering it from BDT5... |
Cement demand in Argentina slips in May13 June 2023, Published under Cement NewsThe Argentine cement market contracted 1.5 per cent YoY to 1,072,110t in May 2023, according to the country’s cement association, AFCP. In May 2022 domestic consumption reached 1,088,000t. However, MoM demand was up 4.2 per cent from 1,028,598t in April 2023. Market demand was entirely supplied by domestic production, which contracted two per cent YoY from 1,098,484t to 1,076,287t in May 2023. MoM, output from Argentina’s cement plants increased 3.9 per cent from 1,035,525t in April 2023. ... |
Devki Group to boost clinker exports09 June 2023, Published under Cement NewsNational Cement (Devki Group) has announced that it will export up to 80 per cent of the clinker it produces when its new West Pokot plant in Kenya starts production. This will see increased clinker supply to the neighbouring countries of Uganda, Rwanda and Burundi. Uganda's market is starved of clinker production with a capacity of just 1.86Mta, far below its nominal cement capacity of 7.13Mta, according to The Global Cement Report Plant Database (GCR PD). Rwanda's market is similarly defi... |
US and Puerto Rico Portland and blended cement shipments down 6% in March07 June 2023, Published under Cement NewsTotal shipments of Portland and blended cements, including imports, in the USA and Puerto Rico declined by six per cent YoY to 8.7Mt in March 2023, according to the US Geological Survey (USGS). Of the total blended volume reported, 3.2Mt, or 96 per cent, was estimated to be Portland limestone cement (Type IL). The leading consuming states were Texas, Florida, California, Georgia, and Arizona, which accounted for 42.5 per cent of the total market. The leading producing states were Texas, Mis... |
Peru's cement market contracts 17% YoY in April24 May 2023, Published under Cement NewsCement dispatches in Peru fell by 17 per cent YoY to 0.883Mt in April 2023, according to the Peruvian cement association, Asocem. Of this total, 0.851Mt was delivered by Asocem members. Cement production declined 11 per cent YoY to 0.913Mt in April 2023. Clinker production fell 19 per cent YoY to 0.631Mt in April 2023. Cement exports decreased by six per cent YoY to 0.014Mt while clinker exports saw a three per cent uptick to 0.036Mt. Cement imports dropped 86 per cent YoY to 5300t with... |
Argentina’s market contracts 1% in April10 May 2023, Published under Cement NewsCement sales in Argentina fell by one per cent to 1,028,656t in April 2023 from 1,039,320t in April 2022, according to the country’s cement association, AFCP. All cement was supplied by domestic plants. Output by the country’s cement plants slipped 1.3 per cent YoY to 1,035,525t in April 2023 from 1,049,302t. Of this total, 6870t was exported, down 31.2 per cent from 9982t in April 2022. January-April 2023 For the first four months of 2023 cement consumption in the South American count... |
Kenyan clinker imports set for additional tax09 May 2023, Published under Cement NewsKenyan producers of clinker are being boosted with the proposal to introduce a new tax as the State moves in to protect local industry. The export and investment promotion levy is a new tax that the William Ruto administration is seeking to impose on imported goods that can be made in Kenya to boost the local manufacturing industry. The Kenyan state government has, through the Finance Bill 2023, proposed the export and investment promotion levy rate on imported clinker at the rate of 10 p... |
Bangladesh: building the future08 May 2023, Published under Cement NewsBangladesh’s economy remained resilient and continued its strong post-pandemic resurgence in 2022, but the medium-term outlook is uncertain due to global challenges. With the government investing in infrastructure projects, EBL Securities looks at the prospects for the industry as the country looks to build a stronger future. By EBL Securities Ltd, Bangladesh. The long-term demand outlook for the Bangladeshi cement industry remains positive with higher single- to double-digit growt... |
Italian cement production up 3% in February05 May 2023, Published under Cement NewsCement production in Italy increased by three per cent YoY in February 2023, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index production the value advanced from 66 in January to 87 in February 2023. Cement prices in February 2023 remained stable MoM at 212 when compared with the base year of 2015 (=100). Federbeton reported a 35 per cent increase when compared with February 2022. External trade Grey cement imports in January 2023 advance... |
US and Puerto Rican Portland and blended cement shipments down 3% in February02 May 2023, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico declined by 2.8 per cent YoY to 6.6Mt in February 2023, according to the US Geological Survey (USGS). Of the total blended volume, Portland limestone cement (Type IL) was estimated to have a share of 96 per cent (2.1Mt). The largest states in terms of cement consumption were Texas, Florida, California, Georgia and Arizona – with a combined share of 47.5 per cent of total cement consumption. The lead... |