Cement News tagged under: pricing
Israel: closing the gap14 March 2018, Published under Cement NewsA stable economy and renewed commitment to infrastructure spending by the government bodes well for Israel’s cement producers, although rising cement imports are making for a more competitive environment that has challenged the status quo. In 2017 visitor numbers to Israel hit a record high of 3.6m, spurring further investment in the country. Source: Ron Barkin - Israeli Ministry of Tourism Israel’s GDP is estimated to have advanced by three per cent in 2017, according to the... |
Uganda faces cement price hike22 February 2018, Published under Cement NewsCement prices have risen in Uganda since the start of the year, with wholesale prices now between UGX29,000-30,500 (US$7.90-8.40)/bag. Tororo Cement has announced that prices increased to UGX29,500 from UGX28,500 recorded in the first week of January 2018, according to the Daily Monitor. " There is an increment of UGX1000. At wholesale level, the price is UGX29,500. It is due to the fuel price hiking and the dollar price currently at UGX3650," said Alok Kala, chief marketing manager, Toror... |
Egypt's juggling act14 November 2017, Published under Cement NewsDespite the Egyptian government’s focus on infrastructure investment, the country’s cement producers have had a difficult year so far with energy prices rocketing, competition intensifying and a currency crisis playing havoc with prices. Many are investing in their energy mix as a way of protecting their market share and margins going forward. In Cairo, old and new coexist while ambitious plans are afoot to build a US$25bn New Administrative Capital, 45km east of Cairo, by 2022.... |
Mexico City government agrees preferential price with CANACEM08 November 2017, Published under Cement NewsMiguel Angel Mancera, Mayor of Mexico City, has confirmed an agreement between the capital’s government and the national cement industry association, CANACEM, to access preferential prices in the acquisition of materials for reconstruction projects. He further explained that the special prices would also apply when the materials were used in earthquake reconstruction of buildings or infrastructure. CANACEM representative, Luis Guillermo Colin, said the industry would provide technical... |
West China Cement sees improved operating environment17 August 2017, Published under Cement NewsWest China Cement Ltd and its subsidiaries reported on an improving operating environment in the first half of 2017 with sales volumes in the Shaanxi province remaining stable while volumes in the Xinjiang and Guizhou provinces registering slight increases. Total group sales volumes of cement and clinker were 8.76Mt, up from the 8.39Mt recorded in 1H16. group’s capacity as at 30 June 2017 has reached 29.2Mt of cement. The group said it has maintained a strong market position in its s... |
Saudi's subdued second quarter11 August 2017, Published under Cement NewsThe Saudi Arabian cement industry is continuing to face headwinds with domestic producers reporting a tough second quarter amid the dual impact of lower cement demand and Ramadan season as well as weak price realisation. Welcome relief has come in the form of an increase in July sales and the potential effect of the government's decision to reduce cement export fees by half. Saudi cement producers reported subdued second quarter earnings as the industry has been affected by falling cement ... |
Shanshui Cement expects first-half loss to narrow09 August 2017, Published under Cement NewsChina-based Shanshui Cement expects that the group will continue to record a net loss for the six months ended 30 June 2017. However, the loss is expected to narrow compared with the corresponding period of 2016 mainly due to the increase in average selling prices. In addition, the Jinan government is assisting the company to restructure the board of directors and senior management of Shandong Shanshui and to resolve the illegal occupation of the properties of Shandong Shanshui by its form... |
Italian producers to appeal watchdog decision08 August 2017, Published under Cement NewsBuzzi Unicem, Italcementi and Cementir have been fined by the Italian Competition Authority following a probe launched in November 2015 into the existence of alleged anti-competitive practices in the domestic market. The authority's decision states that Buzzi Unicem participated in an agreement concerning the alleged co-ordination of manufacturers regarding simultaneous price increases as well as an exchange of information within the industry association AITEC and, in general, the adopti... |
EAPCC announces 10% price cut20 July 2017, Published under Cement NewsEast African Portland Cement Co (EAPCC) has announced a 10 per cent reduction on the ex-factory price of its Blue Triangle Cement. The Kenyan cement producer attributed the price cut to improved processes following the implementation of a strategic turnaround plan it embarked on last year, according to a report in The Star national newspaper. “Over the last 10 months, we have been re-engineering our processes from production to distribution, sales and marketing,” EAPCC Managing Director... |
Steppe Cement price focus helps lift 1H turnover19 July 2017, Published under Cement NewsSteppe Cement reported a 15 per cent decline in volumes for the first half of 2017 while turnover was up by four per cent over the same period as the Kazakhstan-based producer focussed on pricing. In a market update for the first half of the year published on Monday, the company said sales volumes fell to 650,333t from 761,777t a year earlier. Meanwhile, turnover reached KZT8553m (US$26.2m) versus KZT8190m in 1H16. The average price for delivered cement in the 1H17 increased to KZT13,15... |