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ACC Ltd expects demand to stay on course in 2018ACC 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 5MFY18Pakistan'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 acquisitionsThis 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 IndustriesDalmia 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 hardenChinese 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 highPrices 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 demandFreight 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 JanuaryCement 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 NepalIndian 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 VRMPenna 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 |