Cement News tagged under: Exports
Saudi Arabia to reimpose cement export fees29 July 2019, Published under Cement NewsAfter two-years of freezing cement and steel export fees, Saudi Arabia will begin levying fees on cement leaving the country in a bid to prop up falling oil revenues. The ban on cement exports from Saudi Arabia was lifted in mid-2017 when domestic demand slumped and cement stocks rose. Fees on cement exports were cut by 50 per cent over the last two years. However, Trade and Industry Ministry spokesman, Abdul Rahman Hussein, said: "The Ministry will shortly resume levying fees on steel a... |
Cement demand in Spain down 3% in June26 July 2019, Published under Cement NewsCement consumption in Spain fell 2.9 per cent to 1.2Mt in June 2019, the first drop in monthly demand since November 2018. The drop has been attributed to a slow public works sector Despite the positive evolution of housing, the non-reactivation of public works and the delay of the work already tendered is slowing the growth of cement consumption," said Oficemen President, Jesus Ortiz. Cement exports declined by 32 per cent in June 2019 to 450,728t when compared with June 2018. Mr Ortiz ex... |
Pakistan's cement exports rise but fall MoM in FY1923 July 2019, Published under Cement NewsPakistan's cement industry recorded a growth of 21.9 per cent in earning of foreign exchange revenue, 40.4 per cent in terms of quantity and 49.7 per cent in terms of Pakistani rupee earnings from cement exports in the FY18-19, according to Pakistan's Bureau of Statistics (PBS). The government official data says that export revenue for the first 12 months of the current July 2018-June 2019 stood at US$271.72m by exporting 6.4Mt of cement and clinker during compared to US$222.84m at 4.56Mt ... |
Bangladesh earns US$10.41m on export of cement in FY1923 July 2019, Published under Cement NewsBangladesh's cement industry has recorded a fall of 17.3 per cent in export revenue to US$10.41m between July 2018 and June 2019, compared to US$12.59m of the corresponding period of the previous fiscal, according to the Bangladesh Export Promotion Bureau. The export figure also includes a minor amount of salt, stone and related products. The export value fell 25.6 per cent below the US$14m target set by the government for the period. For the FY18-19 the export target for the cement indust... |
Algeria exports US$30m of cement in 5M1922 July 2019, Published under Cement NewsAlgeria has exported cement to the value of US$29.96m in the first five months of 2019, an increase of 849.6 per cent YOY, according to the Directorate of Studies and Customs Prospectives, reflect the drive by the sector as well as the ambition of the country’s government to increase its cement exports to US$500m over the next five years. The country aims to export 2Mt of cement and clinker in 2021. It currently has a capacity of 25Mta and domestic demand was around 26Mt in 2016. In 2020 t... |
Spanish cement market expands 7% in May17 July 2019, Published under Cement NewsCement consumption in Spain increased 6.6 per cent YoY in May, reaching 1,333,698t, according to Oficemen. In the first five months of 2019, demand for cement advanced 13.7 per cent YoY when compared with the 5M18. "The improvement in the percentage of annual growth in this first part of the year is the result of the positive evolution of housing, which in the last 12 months has grown by 25 per cent, reaching a figure higher than the 107,000 housing permits. In parallel, there are no signs... |
Peru’s cement consumption up 4% in June16 July 2019, Published under Cement NewsThe Peruvian cement market expanded by 4.1 per cent YoY to 0.914Mt in June, according to Asocem, the country’s cement association. However, MoM demand fell by 4.8 per cent. Cement dispatches in Peru increased four per cent YoY to 0.906Mt in June 2019. Of this total, Asocem members supplied 0.807Mt while a further 0.099Mt was delivered by non-members. Cement imports were up 46.1 per cent YoY to 154,300t in June 2019 while 40,900t of clinker also entered the country. In June 2018 there we... |
Pakistan's State Bank releases 3QFY19 cement report16 July 2019, Published under Cement NewsThe State Bank of Pakistan's third quarterly report on the state of the country's economy shows the pace of economic growth slowed down considerably during FY19. This was mainly in response to the policy measures taken to curb the twin deficits. These measures affected the performance of the industrial sector and dampened manufacturing activities in the country. According to the report, cement production recorded contraction of 5.4 per cent during July-March FY19, compared to double-digit ... |
Southern Cross Cement plans new terminal in Brisbane15 July 2019, Published under Cement NewsAustralia’s Southern Cross Cement, a joint venture between Brickworks, Neilsen Group and Neumann Group, has announced an AUD60m (US$42.19m) investment for a new cement terminal at the Port of Brisbane. The 200,000tpa terminal will receive imports from southeast Asia and have enough capacity to serve 10 per cent of the market in southeast Queensland. Jonathan Riemann, general manager of Southern Cross Cement, expects population growth in the region to drive demand for cement. "Some of ... |
Spain's cement demand in May up, worsening trade balance11 July 2019, Published under Cement NewsCement consumption in Spain increased 6.6 per cent YoY to 1,333,698t, according to Oficemen, the country's cement association. In the first five months of 2019, the domestic cement market has expanded by 13.7 per cent YoY while in the 12-month period from June 2018 to May 2019 consumption rose 10.4 per cent to 14.11Mt. "The improvement in the percentage of annual growth in this first part of the year is the result of the positive evolution of housing, which in the last 12 months has grow... |