Cement News tagged: Trading

Pakistan earns mixed revenue in 4MFY20

21 November 2019, Published under Cement News

Pakistan's cement industry earned foreign exchange revenue of US$94.41m by exporting 2.368Mt of cement and clinker between July and October 2019, compared to US$104.34m from exporting 2.411Mt of cement/clinker in same months last year, says the country's Federal Bureau of Statistics. This reflected a YoY fall of 9.5 per cent and 1.8 per cent in terms of value and quantity, respectively. Howe...

Paraguay lifts cement import restrictions

20 November 2019, Published under Cement News

Paraguay’s Ministry of Industry and Commerce (MIC) said it is lifting restrictions on cement imports following the shortage of the product due to production issues. The Paraguayan market requires a supply of 100,000 bags of cement per day. At present Industria Nacional del Cemento (INC) is able to dispatch only around 54,000 and in the last few days has only been delivering barely 4000 bags,...

Cement export from Bangladesh continues to slide in 4MFY19-20

15 November 2019, Published under Cement News

According to Bangladesh Export Promotion Bureau (EPB), Bangladesh's cement industry has earned an export revenue of US$3.18m between July and October 2019-20 compared to US$3.94m earned in same period last year. This translates a fall of 19.3 per cent YoY basis. The export figure also includes a minor amount of salt, stone and related products.   The export value for cement fell 3.9 per cent b...

Algeria targets 6Mt of cement exports in 2020

14 November 2019, Published under Cement News

Algeria's Minister of Industry and Mines has set a 6Mt target for the cement industry to export in 2020. The country only began cement exports in 2017. Mr Djamila Tamazirt, Minister of Industry and Mines, said Algeria had reached a production capacity of around 32Mta during 2017 and is expected to exceed 40Mt in 2020, once several plants come online. In this respect the industry minister has ...

Pakistan cement industry makes record dispatches in October FY19-20

Pakistan cement industry makes record dispatches in October FY19-20

04 November 2019, Published under Cement News

The Pakistani cement industry has recorded a modest growth of 9.2 and 4.5 per cent in domestic and overseas cement dispatches in October 2019 alone and in the July-October 2019 period, respectively, according to data of the All Pakistan Cement Manufacturers’ Association (APCMA).   October 2019 Industry dispatches for October 2019 reached at all-time high to 4.984Mt as compared to 4.564Mt in ...

Iran faces higher transportation costs for exports to Iraq

31 October 2019, Published under Cement News

Iran is facing difficulties in its cement exports to Iraq, including issues with costs, weight of exports and transportation, according to Ali Mohammad Bod of the Tehran Cement Co and cited by Trend News Agency. “The volume of cement exports has been reduced while the volume of clinker has increased," he said, because the price of clinker is based on the supply and demand. In addition trans...

Cement imports by canoe in western DRC

Cement imports by canoe in western DRC

31 October 2019, Published under Cement News

Following the import ban on grey cement in the Democratic Republic of Congo (DRC), importers have taken more creative ways to import cement into the central African country. According to reports by Agence d’Information d’Afrique Centrale, grey cement is now imported via canoe on the Congo River to the main consumption centres in the country. Local producers have protested, citing unfair compe...

Al Jouf Cement renews export licence

16 October 2019, Published under Cement News

A company statement for Al Jouf Cement of Saudi Arabia stated that the company has received its renewed cement export licence as well as a new clinker export licence on 15 october 2019. Both licences are active immediately. Al Jouf Cement received its first cement export licence in February 2017.

Iran’s Qeshm works exports 2500t of cement to Somalia

16 October 2019, Published under Cement News

A consignment of 2500t of cement was exported by Qesh cement plant, Hormozgan, Iran, to Somalia, according to Hormuz Amiri, head of development and trade at Qeshm Free Trade Zone. This is the fifth cargo exported since 21 March 2019, the start of the Iranian year. To date, 104,000t of clinker have been exported from Qeshm to the UAE. Established in 2000, the Qesh cement plant produces 1400...

Cement export from Bangladesh shrinks

08 October 2019, Published under Cement News

According to Bangladesh Export Promotion Bureau (EPB), Bangladesh's cement industry has earned US$2.37m during July-September 2019 (1QFY19-20) compared to US$3.17m earned in same period last year. This translates a fall of 25.2 per cent YoY basis. The export figure also includes a minor amount of salt, stone and related products. The export value for cement fell 5.2 per cent below the target ...

Algerian cement exports surge to US$42m

03 October 2019, Published under Cement News

Cement exports from Algeria reached US$42.41m between January-July 2019, more than septupling YoY, according to the Algerian customs service. Exports of hydraulic cement and clinker rose from US$5.03m in the 7M18. Forecasts by the Ministry of Industry and Mines show that the country is aiming to lift its cement exports to US$500m over the next five years. The surplus in cement output is expe...

Iran sees cement exports up, clinker exports down

14 October 2019, Published under Cement News

Iran exported 5.48Mt of cement and clinker during the first five months (21 March-22 August 2019) of the Iranian year, according to the Secretary of Iran’s Cement and Clinker Export Market, Abdolreza Sheikhan. Clinker exports slipped by almost two per cent but cement exports advanced by 17 per cent when compared with the equivalent period in the previous year. Output from domestic cement p...

Vessel laden with clinker arrested in Bangladesh

26 September 2019, Published under Cement News

A foreign vessel laden with clinker was arrested in Bangladesh yesterday. No details immediately are available for the vessel's arrest. 

 According to Chittagong Port Authority (CPA), the foreign flag bulk carrier 'Costas L' has been arrested as per orders of the local High Court dated 23 September 2019 in a litigation case at outer anchorage of Chittagong port. The ship was carrying 42,6...

Pakistan cement exports shrink in July and August 2019

25 September 2019, Published under Cement News

Pakistan's cement industry earned foreign exchange revenue of US$16.74m by exporting 391,548t of cement in August 2019, compared to US$25.4m from exporting 593,525t of cement in previous month, says the country's Federal Bureau of Statistics. This converted to a fall of 34.1 per cent and 34 per cent in terms of value and quantity, respectively MoM.   When compared with the figure of August 201...

South Africa's cement import volumes shoot up

24 September 2019, Published under Cement News

Cement imports into South Africa have surged by 293 per cent YoY in July and have also risen by 17.5 per cent since the start of the year. The main source for the cement came from Vietnam during June-July 2019, according to Industry Insight. Approximately 104,099t of cement arrived in South Africa in June with a value of ZAR70m (US$4.7m), which is the highest level of cement imports since Feb...

Sri Lankan minister deplores political border tax policy on cement

18 September 2019, Published under Cement News

Sri Lanka's finance minister, Mangala Samaraweera, has spoken out against the country's cement prices being higher than more developed markets in south Asia, requesting that the border tax policy needs to be depoliticised to benefit consumers. "Our export sector has been crippled by para-tariffs caused by businessmen influencing politicians," Mr Samaraweera told the opening of the Ceylon Cham...