Cement News tagged: Trading

DR Congo slaps ban on cement imports

23 October 2017, Published under Cement News

The Ministry of External Trade in the Democratic Republic of Congo (DRC) has imposed an import ban on a selection of goods, Including cement which is expected to impact on Zambian cement producers. A circular dated 25 August 2017 and signed by Minister of External Trade Jean-Lucien Bussa Tongba, included cement on this list of products, reports the Zambia Daily Mail Ltd. The ban is meant ...

Cement prices fall in Pakistan's northern zone

20 October 2017, Published under Cement News

Competition among the cement players, particularly in Pakistan's northern zone, and seasonal fall in demand have triggered a cement price discount. BMA Capital states that cement prices in the north have fallen by another PKR10-15/bag (US$0.09-0.14) since mid-October 2017. The new retail price range now hovers around PKR460-500/bag, while the list price still remains at PKR510-520/bag, ref...

Egypt doubles value of cement exports in 9M17

16 October 2017, Published under Cement News

Egypt’s cement exports rose 88 per cent during the first nine months of 2017, reaching around US$72m compared to US$38m last year, its building industries export council said on Sunday. Ten countries have captured 89.3 per cent of the Egyptian cement exports, which Saudi Arabia came on the top of the list, the report said. Exports to Saudi Arabia reached 11.186 million compared to US$15.4...

Himachal cement companies shelve price hike plans

13 October 2017, Published under Cement News

An intervention by Chief Minister Virbhadra Singh has forced two subsidiaries of LafargeHolcim with cement plants in Himachal Pradesh to reduce their prices by INR5 per bag in the state. Ambuja and ACC have agreed in principle to reduce the price with immediate effect, a government spokesperson said. The cement price was enhanced from INR360/bag (US$5.54) by the companies on Tuesday. UltraTe...

Pakistan export revenue declines 15% in 2MFY17

Pakistan export revenue declines 15% in 2MFY17

09 October 2017, Published under Cement News

The Pakistan cement industry export revenue during the first two months of current financial year (July-Aug 2017) recorded a fall of 14.86 per cent and 13.9 per cent i n terms of value in dollar and quantity, respectively on YoY basis , while mixed trends were also observed on a MoM basis, says data released by Federal Bureau of Statistics, Pakistan Government. The country exported 871,434t...

Northern Pakistan records fall in cement prices

06 October 2017, Published under Cement News

According to industry sources, cement producers in the north region of Pakistan have increased the discount on cement prices effective 2 October 2017 by PKR10-15/bag to PKR480-495/bag (US$4.55-4.69). As a result, cement prices in the North are down 11-12 per cent from the high of PKR540-560/bag seen in Jul-August 2017. However, prices in the southern region remain unchanged. Current price ...

The Philippines' DTI seeks equal treatment on all imported cement

The Philippines' DTI seeks equal treatment on all imported cement

04 October 2017, Published under Cement News

The Philippines' Department of Trade and Industry (DTI) wants to impose "equal treatment" to all imported cement, regardless if the product is brought in by a pure trader or by a manufacturer. "We're not going to give a distinction. Every [product] will undergo product testing, but we’ll see if we're going to do pre-shipment or post-shipment or both. We have to balance it in a way that there'...

Urgent action required on Ghana's imported clinker valuation

05 October 2017, Published under Cement News

Dr George Dawson-Ahmoah, the Chairman of the Cement Manufacturers Association of Ghana, has appealed to the Ag Commissioner to intervene in the valuation on the importation of clinker by the Customs Division of Ghana Revenue Authority (GRA). Dr Dawson-Ahmoah who is also the Strategy and Corporate Affairs Director of Ghacem and the Chairman of the Tema Branch of the Association of Ghana...

Vietnam's exports rise to 12.17Mt in first eight months

06 October 2017, Published under Cement News

According to preliminary statistics released by the General Department of Customs, Vietnam exported 12.17Mt of cement and clinker for a value of US$430.63m in the first eight months of 2017. The cement volume was up 20.5 per cent and the clinker volume up 13.2 per cent over the same period last year. In August alone, exports of 1.38Mt of cement and clinker reached US$54.09m (down 0.9 per cent ...

New NBSM standards for imported cement lead to Nepal shortage

28 September 2017, Published under Cement News

Construction of hydropower projects has stalled due to the cement shortage in Nepal. Imports have been halted as the Nepal Bureau of Standards and Metrology (NBSM) has set new standards for imported cement. The NBSM made Nepal Standard certification mandatory for imported cement from mid-July. Foreign manufacturers supplying cement to Nepal have to follow quality, packaging and labelling cri...

Klaipeda terminal expansion to boost Akmenes Scandinavian exports

20 September 2017, Published under Cement News

The cement loading terminal under development at the port of Klaipeda, Lithuania, will enable Akmenes Cementas to boost its exports to Scandinavia, according to business daily Verslo Zinios. "It will make it easier to hold talks with potential buyers in Scandinavia, as our response to their needs will be more flexible and timely. We will be able to gradually accumulate cement at the termina...

Lafarge helps boost rail freight for Zambia Railways

18 September 2017, Published under Cement News

Zambia Railways Ltd (ZRL) has recorded an increase in freight in the first half of the year by 70,379t due to signing of service level agreements with local companies.  Part of the increase was due to ZRL arranging a new contract with Lafarge Cement. ZRL Public Relations Officer, Sombe Ngonga, attributed the increase in freight to the acquisition of more business from its customers in the ...

Portugal's cement exporters face fresh challenges

15 September 2017, Published under Cement News

Portugal’s cement sector has had little choice but to export cement since the euro crisis, but now it faces a new threat of needing to compete with other countries that have begun increasing cement and clinker exports. Six years ago it was a simple decision for Portugal's leading cement markesrs. With the construction industry paralysed and supported by a weak euro, they ploughed their effo...

McInnis Cement announces Atlantic distribution plan, CRH deal

08 September 2017, Published under Cement News

McInnis, the New Cement Co has announced its distribution plan for all of the Atlantic provinces. The cement producer has acquired two CRH Canada-owned distribution assets, enabling it to reach the markets in New Brunswick, Nova Scotia, as well as Prince Edward Island. McInnis will honour the orders of the clients supplied through those terminals and integrate their current employees.   I...

Philippines DTI to review cement import rules

06 September 2017, Published under Cement News

Philippine Trade and Industry Secretary, Ramon Lopez, said the country's government plans to review the current rules on cement imports following an ongoing spat among importers and producers on a proposed preshipment inspection. A draft DTI order is considering preshipment inspection as substitute for testing cement imports upon arrival in the Philippines. Several cement producers, includi...

Pakistan's cement dispatches expected to grow 12% in August

31 August 2017, Published under Cement News

Provisional figures released by a local research house indicate that Pakistan's cement dispatches in Augiust will see a growth of 12 per cent YoY. Total dispatches are expected to reach 4Mt for the month during the month amid low cement prices. Both the north and southern regions are expected to record growth of 15 and 26 per cent YoY, respectively during August 2017 on the back of higher...