Cement News tagged: International

Indian cement demand growth forecast to slow in FY20

03 September 2019, Published under Cement News

Growth in Indian cement demand is expected to slow to seven per cent in the FY19-20, against 13 per cent demand growth in the FY18-19, according to ICRA. However, average prices in the current fiscal year are likely to be higher while manufacturing costs will decrease. "We expect cement demand growth to taper off in the FY19-20 after a strong double-digit growth in the previous year. This is...

Cement prices in Punjab rise after trade suspension

03 September 2019, Published under Cement News

After the suspension of trade between India and Pakistan on 10 August, the price of cement in Punjab has increased by almost INR100/bag (US$1.38/bag), according to the Hindustan Times. Therefore, the price of a cement bag has risen from INR260-275 to INR360-375. "Since Pakistan suspended trade with India, comparatively cheaper Pakistani cement has triggered a price rise in the domestically m...

Uzbekistan's cement imports rise 32% in 7M19

02 September 2019, Published under Cement News

In the first seven months of 2019, Uzbekistan has recorded a 32.3 per cent YoY increase in cement imports at a total value of US$105.6m, according to the State Statistics Committee of Uzbekistan. In the overall structure of building material imports, the share of cement has increased to 14.1 per cent. However, domestic cement production also rose 17.6 per cent to 5.399Mt in January-July 2019...

Cement production in Panama falls 10%

30 August 2019, Published under Cement News

The drop-off in construction in Panama is being cited as the main reason for the depressed cement sector in the 1H19. According to data from the General Comptroller of the Republic, between 1H18 and 1H19, the total cost of construction went from US$662m to US$510m, which is equivalent to a fall of 23 per cent. Cement production totalled 749,235t in January to June 2019 and ready-mix concret...

Ramco Cements expects price hike in Indian states

Ramco Cements expects price hike in Indian states

30 August 2019, Published under Cement News

India's Ramco Cements Ltd has stated that a cement price hike in Telugu states is imperative as prices are unviable for manufacturers. "Companies have to increase cement prices as current prices are unviable. There is no other way. Cement prices in Hyderabad range from INR220-270/bag (US$3-3.77/bag). Rates are similar in Andhra Pradesh, though we get INR10-15 more in Visakhapatnam and Rayal...

DTI reports that cement prices remain stable

30 August 2019, Published under Cement News

Cement prices in the Philippines are holding firm despite some rumours of cement shortages, says the Department of Trade and Industry Regional Consumer Protection Division and Provisional Office (DTI). The wholesale price of a 40kg bag of cement is being sold at around PHP222 (US$4.26) and the retail price is being set at around PHP230-235. In January 2019, the DTI reported that retail prices...

China's cement output rises by 6% in 1H19

China's cement output rises by 6% in 1H19

29 August 2019, Published under Cement News

China's total cement output rose by 6.8 per cent in 1H19 to 1.045bnt. This was the fastest growth in the last six years, even though cement supply was still constrained by the policies of 'staggering peak construction' and environmentally restrictive production'. National demand for cement saw a YoY increase of more than five per cent with the northern region showing the fastest growth. ...

Sampyo Cement joins the WCA

29 August 2019, Published under Cement News

The World Cement Association has announced tthat South Korea's SAMPYO Cement, a leading cement producer established in 1957, has joined the international association as a Corporate Member. "We are very pleased to welcome Sampyo Cement on board as the newest member of the WCA family," said Vincent Lefebvre, Chairman of the World Cement Association. "Sampyo is a world-class company that has a...

Vietnamese production estimated to have risen 9% in August

29 August 2019, Published under Cement News

Vietnam is estimated to have produced 7.9Mt of cement in August, an increase of 8.7 per cent YoY, according to the latest data from the country’s General Statistics Office. Therefore, the country’s total output in the first eight months of this year is likely to have advanced 7.6 per cent YoY to 63.1Mt.

Pakistan's FDI slips in July 2019

28 August 2019, Published under Cement News

Pakistan received foreign direct investment (FDI) of US$168.4m in July 2019, compared to US$264.6m received in July 2018. This represents a fall of 36.4 per cent YoY. The drop in FDI also affected investment in the construction and cement sectors in the country, according to a report of the State Bank of Pakistan. The breakdown shows cement attracted investment of US$4.1m and construction ...

CNBM expects demand to increase in the 2H19

27 August 2019, Published under Cement News

China’s CNBM is expecting domestic cement demand in the 2H19 to increase from the first half, alongside pricing improvements compared to the previous year, due to the traditional peak construction season being in the second half, according to Cao Jianglin, chairman. When asked about the potential impact of trade wars on the company business, Mr Jianglin noted that he foresaw a limited impact...

Cemex Poland to supply deep diving pool project

23 August 2019, Published under Cement News

Cemex is participating in the construction of the deepest and largest diving pool project called 'Deepsot', near Warsaw, Poland. Cemex's Rudniki cement plant near Czestochowa will supply CEMIII/A 42.5 to enable the contractor, Budokrusz SA to produce two classes of structural concrete for the 45m deep pool that can accommodate 8000m 3 of water. The pool is for professional and novice divers,...

Kenya's cement exports decline 65% in 1H19

22 August 2019, Published under Cement News

Kenya’s domestic cement exports have recorded a 65.3 per cent decline in value to KES362.28m (US$3.5m) in the first six months of the year, against KES1.04bn in the 1H18, according to preliminary cement exports statistics from the Central Bank of Kenya (CBK). The country’s cement exports have been declining since 2015, with the decline attributed to new grinding plants and brownfield grindi...

Iraq approves investment to reconstruct Kufa cement plant

22 August 2019, Published under Cement News

Iraq’s Finance Ministry has approved a US$60m investment to reconstruct a government-owned cement plant in the south-central Najaf governorate, according to Zawya. Work on the rehabilitation and rebuilding of the Kufa cement plant is expected to begin once the funds are released within the next few days. Fadhil Al-Fatlawi, a member of the Parliament's Labour and Social Affairs Committee, has ...

Senegal’s 1H19 cement output largely stable 3.543Mt

22 August 2019, Published under Cement News

The production of cement in Senegal remained largely stable YoY at 3,543,100t in the first half of 2019, according to Sahel Intelligence. In the 1H18 output from the country’s cement plants reached 3,546,000t. However, output in June increased by six per cent to 588,100t when compared with 555,000t reported for June 2018.

Vietnamese cement deliveries advance by 30% in July

21 August 2019, Published under Cement News

Cement dispatches by Vietnamese producers surged by 30 per cent YoY to 8.08Mt in July, according to data by the Vietnam National Cement Association (VNCA). When compared with the previous month, deliveries were up eight per cent. Domestic sales improved by 21 per cent to 5.794Mt when compared with July 2018. VICEM saw its sales increase by 15 per cent YoY to 1.878Mt while its joint-ventures ...