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Dry bulk shipping market likely to start recovery in 2021The dry bulk shipping market is expected to see significantly more modest levels of growth in the run-up to 2024, according to Rahul Sharan, lead research analyst dry bulk shipping at Drewry India...News - 07 May 2020 |
Vicat post 3% sales increase in 1Q20Vicat reported a 2.6 per cent advance in total consolidated sales in the January-March 2020 period to EUR615.5m from EUR600m in the 1Q19. At constant scope and exchange rates, consolidated sales e...News - 06 May 2020 |
Iran sees 32% rise in exportsOver 17.5Mt of cement and clinker were exported from Iran in the past Iranian calendar year, ending 21 March 2020. The figure registered a 32 per cent growth compared with the previous year, acco...News - 06 May 2020 |
RHI Magnesita reports resilient 1Q cement businessRHI Magnesita NV reports that the Industrial division continued to perform well in 1Q20, particularly in cement. Trading activity in the steel division remained weak in Europe and South America, l...News - 05 May 2020 |
Indian cement prices may increase this weekAn INR20 (US$0.26) price hike on all grades of cement in India could take place on Friday, according to The New Indian Express. Before the increase, the price of a 50kg cement bag rests between IN...News - 04 May 2020 |
LafargeHolcim's net sales fall to CHF5.293bn in 1Q20LafargeHolcim announced its 1Q20 results with net sales reaching CHF5.293bn (US$5.4bn), down 11.2 per cent from CHF5959m in the 1Q19. Recurring EBIT totalled CHF262m in the 1Q20, represening a dec...News - 01 May 2020 |
Live Webinar: Impact of COVID-19 on the global cement tradeImpact of COVID-19 on the global cement trade Leading trade and distribution specialist, Ad Ligthart of Cement Distribution Consultants, discussed the effects that the coronavirus pa...Events - 30 April 2020 |
Coal and crude prices beneficial for cement industry, says DG Khan CementTwo of DG Khan Cement's senior management, Raza Mansha, CEO, and Farid Noor Ali Fazal, director, commented that falling coal and crude prices in international markets would reduce the cost of ceme...News - 29 April 2020 |
Ambuja Cements has seen a 7% increase in net profitIndia’s Ambuja Cements has seen a 6.8 per cent increase in its consolidated net profit to INR7.43bn (US$97.5m) for the first quarter of 2020, compared to INR6.95bn in the year-ago period. Howev...News - 29 April 2020 |
FLSmidth's interim 1Q20 report sees COVID-19 impact business resultsFLSmidth reports that the COVID-19 pandemic is intensifying the cement industry's apprehensiveness to start large capital investments, but producers in both mining and cement are increasingly look...News - 28 April 2020 |