Cement News tagged: Trading

Armenia set to extend import duty on cement

27 March 2020, Published under Cement News

Armenia’s National Assembly passed at the first reading the amendments to extend the validity of the state duty set on cement imports until 31 December 2020. The country has imposed a AMD14,000/t duty on cement imports from Iran and other countries since it ratified the legislation on 3 June 2019, a law that expires on 1 April 2020. "Over a period between July and December, the volumes of ce...

Azerbaijan’s Gazakh Cement to increase exports in 2020

25 March 2020, Published under Cement News

Gazakh Cement Plant plans to significantly increase export sales from Azerbaijan to neighbouring countries such as Georgia in 2020, according to Trend. "Last year, the plant established clinker exports to Georgia, and this year we plan to significantly increase the total volume of exports. In 2019, export volumes in this direction amounted to over 1000t of clinker and cement," Trend’s source...

Clinker imports into Bangladesh up 4%

23 March 2020, Published under Cement News

The import of clinker into Bangladesh has increased by 3.6 per cent in the first seven months of the FY19-20, according to data released by the Central Bank of Bangladesh. Clinker volumes to a value of US$554.8m were imported during this period, a significant increase when compared with 7MFY18-19 when the value of clinker imports reached US$535.3m. Total imports declined by 4.4 per cent YoY...

Ukraine cement industry increases output after import antidumping duties

20 March 2020, Published under Cement News

Ukraine’s cement production advanced 10.6 per cent after anti-dumping duties on cement imports were introduced, according to Ukrcement Executive Director, Roman Skilskyi. “After Ukraine introduced antidumping duties in May 2019, cement companies increased the production output of cement clinker by 10.6 per cent as of August 2019 compared to August 2018,” Mr Skilskyi said. Between 2016-19,...

 Pakistan records mixed trend of cement revenue in 8MFY19-20

Pakistan records mixed trend of cement revenue in 8MFY19-20

19 March 2020, Published under Cement News

The export of cement/clinker from Pakistan during the first eight months of FY19-20, saw a fall of 5.80 per cent in terms of value but record a growth of 6.45 per cent compared to 8MFY18-19, says data released by Federal Bureau of Statistics. The breakdown of data shows that country's cement sector earned US$193.92m by exporting 5.151Mt of cement and clinker between July 2019 – February 2020...

Sino Zimbabwe Cement challenged by export competition

19 March 2020, Published under Cement News

Sino Zimbabwe Cement has been forced to restrict its business after being outcompeted in export markets by Dangote Cement. Sino Cement has faced stiff competition in the export markets of Zambia and Tanzania. Andrew Gona, Sino Zimbabwe Cement's export manager, said: "We used to export, but the growth of Dangote in the region has pushed us out on competitive grounds. They have built modern pla...

Coronavirus likely to affect Pakistani cement exports to Afghanistan

Coronavirus likely to affect Pakistani cement exports to Afghanistan

19 March 2020, Published under Cement News

Pakistan's export of cement to Afghanistan through land routes will be affected from today following Islamabad's decision to close the borders with Kabul as preventive measures to curb the spread of coronavirus. According to an official statement, Prime Minister Imran Khan while chairing the National Security Committee meeting on 13 March, had especially requested to review the current sta...

Cement vessel sinks off Oaxaca coast

13 March 2020, Published under Cement News

A general cargo ship by the name of Duban, loaded with some 1500t of cement, sank 13nm off of the coast of Oaxaca, southern Mexican state on Pacific coast, in the afternoon of 12 March, while en route to Manzanillo. A crew of 12 crew had to be rescued. The engine room was flooded and the ship was sinking on even keel. Witnesses report that the ship was already proceeding at reduced speed sev...

Cement exports from Bangladesh continue to slide in 8MFY19-20

11 March 2020, Published under Cement News

Bangladesh's cement industry has earned an export revenue of US$7.19m in the 8MFY19-20 (July 2019-February 2020), compared to US$7.27m earned in 8MFY18-19, a minor contraction of 1.1 per cent YoY. The export figure also includes a small amount of salt, stone and related products, according to the data of Bangladesh Export Promotion Bureau (EPB). However, the export value for cement increased ...

Masaveu doubles US exports in 2019

27 February 2020, Published under Cement News

Masaveu has doubled its export shipments to the USA from its Tudela Veguín plant in Spain in 2019. The US is now the third-largest market for the cement producer, representing an export volume of 118,673t in 2019, compared to 50,061t in the previous year. The exports to the US account for 18.3 per cent of the company’s total exports. To improve its export operations the company inaugurated a...

Turkmenistan exports 0.256Mt in 2019

21 February 2020, Published under Cement News

Turkmenistan’s Lebap cement plant in Koytendag district exported 256,000t, or nearly 30 per cent of its production, in 2019. The majority of exports were M400 and M500 cement shipments, which were delivered to Uzbekistan and Afghanistan. The plant is one of the largest in central Asia and its production capacity of 1Mta could be extended to 1.5Mta. There are also plans to build a further, s...

Pakistan sees mixed export revenue trend in 7MFY19-20

19 February 2020, Published under Cement News

Pakistan's exports increased in volume terms over the first seven months of FY19-20, but declined in value terms. Meanwhile, in January 2020 exports increased both in terms of volume and value on a MoM basis.  The country's cement sector earned US$170.13m by exporting 4.484Mt of cement and clinker between July 2019 - January 2020, compared to US$184.34m from 4.334Mt of exports in the compar...

Carthage Cement to start exports to Europe

12 February 2020, Published under Cement News

Following the award of a CE mark, Tunisia-based Carthage Cement will start exports to Europe from March 2020 onward, reports ilBoursa. The first shipment will consist of  150,000t of cement. “This operation marks a new horizon and a new opportunity for the company as part of its drive to diversify the destinations of its products and its commercial fulfilment,” said the company in a statement.

Cement exports from Bangladesh slide in 7MFY19-20

06 February 2020, Published under Cement News

Bangladesh's cement industry has earned an export revenue of US$6.11m in the 7MFY19-20 (July 2019-January 2020), compared to US$6.55m earned in 7MFY18-19, a contraction of 6.7 per cent YoY. The export figure also includes a minor amount of salt, stone and related products, says data of Bangladesh Export Promotion Bureau (EPB).   However, the export value for cement increased by 0.5 per cent ab...

Cement prices receding in Pakistan

03 February 2020, Published under Cement News

Cement prices in the northern region of Pakistan are starting to soften on account of various reasons observed the local research house Intermarket Securities Ltd.   Cement prices in the northern region have declined from its recent peak of PKR535/bag (US$3.46) (December 2019) to below PKR450/bag in some markets. The main reason behind this slide is reduced demand in the winter season while ne...

Economic activity is strengthening in Pakistan

29 January 2020, Published under Cement News

Pakistan State Bank has stated that data of 1HFY20 for large scale manufacturing (LSM) indicates that economic activity is strengthening in export-oriented and import-competing industries, including gains in cement, while inward-oriented industries continue to slow.   This was shared at a central bank meeting on 28 January 2020, when the Monetary Policy Committee (MPC) decided to keep the pol...