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Moody’s downgrades rating on Italcementi

Credit rating agency Moody’s cut to Baa3 from Baa2 the long-term ratings on cement producer Italcementi,

Citi cuts Titan cement price target, EPS

Citi cuts its price target on Titan Cement to EUR19.5 from EUR21.30 on lower EPS outlook following disappointing 3Q r...

Ambuja Cements resumes Himachal operations, India

Ambuja Cements has resumed operations at its Suli and Rauri plants in Himachal Pradesh

Fitch downgrades Binani outlook

Fitch Ratings has today revised the outlook on India’s Binani Cement (BCL) National Long-term rating to

India: prolonged monsoon to dampen cement consumption growth

A prolonged monsoon has hit cement consumption growth in India hard. The sector, which had recorded 10.5 per cent gro...

Belarus’ cement output up four per cent to 3.832Mt in Jan-Oct

Belarus’ cement output increased four per cent on the year in January-October 2010 to 3.832Mt,

Dangote Cement pays interim dividend

Dangote Cement Plc, a member of the Dangote Group, has announced an interim dividend of N30.98bn for the period ended...

Chinese steel and cement output to rise as power limits ease

China International Capital Corp said China production of steel and cement will increase next year, weighing on price...

Pakistan to construct cement factory in Tajikistan

Tajikistan President Emomali Rahmon met with the visiting Pakistani Prime Minister Yusuf Rizo Geloni who arrived in D...

Baltic index falls, capesize cargo activity slow

The Baltic’s main index has been erratic this year, as it was in 2009, because of swings in Chinese demand for iron o...

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