Cement News tagged: Trading
Duty on cement import waived, Pakistan
Economic Coordination Committee (ECC) has allowed the import of cement without withholding tax and customs duty, but imports will continue to be subject to sales tax.
GCC Countries cement exports up
Cement exports and re-exports from the six Gulf Cooperation Council (GCC) countries rose by 23.9% YoY to 3.5Mt in 2004, according to a report of Qatar-based Gulf Organization for Industrial Consulting
Oversupply drags down coal prices in China
Domestic coal prices have retreated slightly on the back of a moderate oversupply in the fragmented sector and analysts predict the downtrend will continue through 2007. Prices from major producers in
Pakistani producers oppose duty free imports
The All Pakistan Cement Manufacturers Association has opposed duty-free import of cement and said it would strongly hurt the domestic cement industry which has barely come out of the crisis of excess
Japanese cement shipments down
Japan cement shipments totalled 5.66Mt in July 2005, down 2.9 per cent year-on-year, the Japan Cement Association said on August 29, 2005. The figure marked a year-on-year decrease for the first time
Southern Cross cement imports
Philippine cement firm Southern Cross Cement Corp (SCCC) is currently being investigated by the Bureau of Customs (BoC) for allegedly undervaluing their import entry declarations and for the alleged i
QNCC’s claim of cement supply false
Hamad Al Noeimi, head of Sales Section at Qatar National Cement Company has stated the there was currently no real cement shortage in the country, while the public affirm the contrary. According to a
Algeria cement imports show signs of decrease
Data published by the Algerian Customs Authorities show that during the first six months of 2005, the country imported 252,000t of cement from 11 states and from the European Union. The value of the i
Cement for tsunami relief to get duty refund
The Indian finance ministry on Wednesday said that excise duty in cement and steel used in construction of new houses and temporary shelters in tsunami affected areas would be refunded. The refunds wo
Cement customers begin feeling pinch
GCC produces around one million tons of cement a year for distribution in South Dakota and surrounding states. The Rapid City plant operates 24 hours a day, 365 days a year, said Steve Zellmer, the co
Cement safeguards in Philippines
Trade Sec. Peter B. Favila will meet with local cement manufacturers this week to discuss their concerns over a recent Supreme Court (SC) decision disallowing the government from imposing a safeguard
Eastern Province Cement to import 100,000t clinker
Saudi cement producer Eastern Province Cement Company (EPC) has reportedly signed an agreement to import 100,000t of clinker, to be used for cement production, local media
China’s output of cement in June 2005
China produced 95,284,900t of cement in June 2005. The output in January-June reached 455,650,600t, up 8.2 per cent year on year, according to the National Bureau of Statistics.
Fancesa signs US$20m cement deal with SNC
Bolivian cement producer Fancesa has signed contracts worth US$20.3m to deliver cement to major roadworks and other operations in Tarija and Potosì departments, a SNC government official told local re
PCMA offers subsidised cement to government
Pakistan Cement Manufacturers Association (PCMA) has offered to sell cement directly to the government at the rate of Rs 245-250 per 50-kg despite considerable increase in cost of production, industry
Belgorod Cement produces 990,000t
Output of Belgorod Cement JSC came in at about 990,000t of cement in the first seven months of 2005 - up 11 per cent as compared to the same period 2004.