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ACC Ltd expects demand to stay on course in 2018

ACC Limited expects demand for cement in India to stay on course in the coming year. In its outlook for 2018, the company stated how the plans by the Government of India to boost economic growth a...
News - 28 December 2017

Cement exports from Pakistan contract in 5MFY18

Pakistan's export of cement during the first five months of current financial year (July-November 2017) recorded a YoY fall of 17.3 and 19.52 per cent in terms of quantity and US dollar value, res...
News - 27 December 2017

2017: a year of mergers and acquisitions

This week CemNet news takes a look back at the big stories of 2017 in the world of cement, while recalling the big mergers and the growth markets of 2017. The year began with discussions of ...
News - 22 December 2017

Dalmia Bharat to acquire Murli Industries

Dalmia Bharat is set to acquire the bankrupt Murli Industries, according to The Economic Times. The deal represents an investment of close to INR4bn (US$62.4m) by Dalmia. The company will also can...
News - 21 December 2017

Coal price to come down, freight rates to harden

Chinese coal prices, which have fluctuated between CNY550-750/t (US$83.60-114/t) in the past two years, are set to ease going forward, as it is anticipated that the country's policy makers will al...
News - 20 December 2017

ENERGY – OPEC consolidates oil while India shakes petcoke, coal high

Prices at a glance Crude oil - bbl US$64.00 Coal API 4 - 1Q18 US$91.25 Coal API 4 - Cal2018 US$88.00 Petcoke USGC 4.5% 40HGI ...
News - 20 December 2017

BDI rallies on back of coal demand

Freight rates in the dry bulk sector are rising on the back of a commodity boom. By the end of November 2017, the Baltic Dry Index (BDI) had improved by 45 per cent so far that year, coming in at ...
News - 20 December 2017

Indian cement prices to increase by January

Cement prices in India are expected to increase by INR3-4/bag by mid-January as the government has decided to hike the import duty on petcoke from the current 2.5 to 10 per cent. The rise in du...
News - 20 December 2017

Raxaul residents challenge clinker exports to Nepal

Indian clinker exports to Nepal are facing a challenge from the residents of the border town of Raxaul. They have threatened to prevent Nepal-bound cargo trucks from passing through the customs po...
News - 20 December 2017

Penna Cement Industries Ltd orders Loesche VRM

Penna Cement Industries Ltd has ordered a Loesche VRM for its plant in Boyareddypalli, Andhra Pradesh.The four-roller mill will grind petcoke with a throughput capacity of 52tph. The order will be...
News - 20 December 2017