Cement News tagged: International

Cement production in Vietnam rises 12% in June

01 July 2019, Published under Cement News

Vietnam reportedly produced 8.3Mt of cement in June, an increase of 12.4 per cent YoY, according to data from the government’s General Statistics Office (GSO). Production for the first half of 2019 rose 7.4 per cent YoY to 47.6Mt.

COCMAG warns government that Ghana's cement industry could collapse

01 July 2019, Published under Cement News

The Chamber of Cement Manufacturers, Ghana (COCMAG) has given the goverment a stark warning that various taxes and levies over the past two years are driving the cement industry towards collapse. According to the Executive Secretary, Reverand Dr George Dawson-Ahmoah, the most recent tax imposed on cement manufacturers is the fumigation levy of US$0.50/t on imported clinker by the Ministry of ...

ICRA expects Indian demand growth to slow

28 June 2019, Published under Cement News

Indian ratings agency ICRA is expecting cement demand growth in the country to taper to about seven per cent in the FY19-20, down from 13 per cent in the previous fiscal. The slow execution of infrastructure projects and availability of labour due to the general elections have both been issues, according to Sabyasachi Majumdar, senior vice-president of ICRA. In the upcoming September quarte...

Cement distributors not happy with proposed tax measures

28 June 2019, Published under Cement News

All Pakistan Cement Distribution Association (APCDA) has shown some reservations on the proposed tax measures in the Federal Budget 2019–20 (effective from 1 July 2019) and appealed to the government to avoid taking such negative steps, which could be detrimental for the cement distribution business in the country. The association has submitted the open appeal to the Prime Minister of Pakist...

Demand for coal from India's cement sector rises in FY18-19

Demand for coal from India's cement sector rises in FY18-19

27 June 2019, Published under Cement News

India’s coal demand increased 9.1 per cent YoY to 991.35Mta during the fiscal year ended March 2019, according to the country’s Coal Minister, Pralhad Joshi. However, India’s supply shortfall more than doubled to 23.35Mt. This has been attributed to Coal India’s inability to meet demand from the cement and sponge iron industries. Demand from the cement sector surged 70 per cent to 37.22Mt i...

Tajikistan's cement exports rise in 5M19

26 June 2019, Published under Cement News

Tajikistan has exported nearly 620,000t of cement over the first five months of 2019, with average monthly exports at around 124,000t. The total is over 100,000t more than in Jan-May 2018, according to Asia-Plus. In the 5M19 the country exported 346,000t of cement to Uzbekistan, 247,000t to Afghanistan and 27,000t to Kyrgyzstan, according to the Ministry of Industry and New Technologies (MoI...

Ukrainian cement output up 27% in May

Ukrainian cement output up 27% in May

26 June 2019, Published under Cement News

Cement production in Ukraine in May 2019 increased by 27.1 per cent YoY to 747,000t, according to the Ukrainian State Statistics Service. When compared with the previous month, cement output fell eight per cent. In the first five months of 2019, total cement production in the country advanced by 3.4 per cent to 3,086,000t when compared with the 5M18. In 2018 cement output declined by one p...

Egyptian cement sales decline 8% in 1Q19

26 June 2019, Published under Cement News

Total cement sales in Egypt declined 7.7 per cent QoQ to 10.9Mt during the first quarter of 2019, while production decreased 8.1 per cent QoQ to 11.2Mt, according to the Central Bank of Egypt. The average price of cement slipped 0.8 per cent to EGP1190/t (US$71.2/t) in the 1Q19.

Calls for higher cement prices in Sarawak to be investigated

24 June 2019, Published under Cement News

Malaysia’s Ministry of Finance has called for an investigation to determine whether monopolistic practises by the local cement industry in Sarawak is the cause of high cement prices in the state. "Cement is a basic building material and a drastic price increase will inevitably feed into the economy negatively, and eventually hurt consumers. At the same time, cement prices in Sarawak that ar...

FDI in Pakistan's cement and construction industries continues to slide

24 June 2019, Published under Cement News

The State Bank of Pakistan (SBP) has reported a massive decline of net foreign investment for local industries, including cement and construction, between July 2018-May 2019. According to a central bank report, total foreign direct investment (FDI) into the country fell by 49.2 per cent YoY during the first 11 months of FY18-19. A breakdown of SBP data shows that the net total FDI in the ce...

US cement: time for cautious optimism?

21 June 2019, Published under Cement News

This week saw the publication by the PCA of US Portland and blended cement demand and trade data for March . The figures reveal that the US cement market continued to grow in the first quarter of 2019, with deliveries recorded at 19.439Mt, up 2.4 per cent YoY (versus 2.2 per cent in 1Q18). However, in spite of the the slightly higher quarterly growth rate, February and March YoY growth rates ...

Spanish cement consumption expands 7% YoY in April

21 June 2019, Published under Cement News

The Cement Demand Index, presented by Oficemen, the Spanish cement producers’ association, has registered an increase of 7.1 per cent in April when compared with April 2018. This represents a fall of nearly two percentage points when compared with March 2018, according to the association. Between May 2018-April 2019 total cement demand in Spain reached 13.57Mt, up 0.9Mt in the previous-year...

Kazakhstan output represents 12 per cent of total Eurasian cement production

21 June 2019, Published under Cement News

Kazakhstan produced 12 per cent of the total volume of cement manufactured in the Eurasian Economic Union (EEU) during the 1Q19, according to Trend News Agency. The total volume of output in the first quarter reached 12.03Mt, or on average 16-19 per cent of the annual volume due to the seasonal nature of cement production and demand. Some 77.5 per cent is produced by Russia, which is the lar...

USA and Puerto Rico see 1% slip in demand

19 June 2019, Published under Cement News

Portland and blended cement consumption in the USA and Puerto Rico edged down by one per cent to 7.34Mt in March 2019 when compared with March 2018 when the market off-take was 7.417Mt, according to the US Geological Survey (USGS). The leading consuming states were Texas, California, Florida, Georgia and North Carolina while the country’s biggest producing states were Texas, California, Missou...

Chile’s cement dispatches increase 11% in April

19 June 2019, Published under Cement News

Cement dispatches in Chile were up 11.2 per cent to 348,151t in April 2019 when compared to 313,131t delivered in April 2018, according to the latest data published by the Chilean Construction Chamber (CChC). In the January-April 2019 period, 1.428Mt of cement were dispatched by the country’s cement plants, representing a YoY increase of 8.3 per cent. In January-April 2018 dispatches reached...

Peruvian cement market expands 8% in May

18 June 2019, Published under Cement News

Cement consumption in Peru rose 8.2 per cent YoY in May 2019 to 0.976Mt, according to the country’s cement association, Asocem. Of this total, 0.97Mt was supplied by domestic producers, including 0.854Mt by Asocem members, who reported a 9.7 per cent YoY and a 8.3 per cent MoM rise in dispatches. Cement production increased 8.7 per cent YoY and 8.1 per cent MoM to 0.877Mt in May 2019 while ...