Cement News tagged under: Supply-Demand

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India records cement price increase in February

07 March 2019, Published under Cement News

Cement prices across India rose by around INR25/50kg (US$0.35/50kg) last month on the back of increased demand, reports The Hindu Business Line. The southern region recorded the steepest rise per bag at INR52 in Bengaluru, INR62 in Chennai and INR77 in Hyderabad. In comparison, price hikes in other regions were more moderate at INR26 in the west, INR12 in the east and INR7 in the central area. Meanwhile, prices in the northern region saw a minor increase of INR4/50kg bag due to a slower ...

Dangote Cement to become largest cement exporter in sub-Saharan Africa

06 March 2019, Published under Cement News

Aliko Dangote, president of Dangote Industries Ltd, has revealed the target set for Dangote Cement’s export plans by next year. "By next year we will be the largest exporter of cement in sub-Saharan Africa with about US$600m worth of cement export to other African countries with limited access to limestone," he said. Speaking at the 2018 Dangote Cement Distributors' Award Night, Mr Dangote also noted the role cement terminals will play in these plans. "In addition, we also have new termina...

Vietnam expected to record 8-9% cement sales increase

25 February 2019, Published under Cement News

Vietnam is expected to record an 8-9 per cent YoY rise in cement sales to 98-99Mt in 2019, according to a forecast by the country’s Ministry of Construction. Of this, domestic sales would consist of 70Mt while the additional 29-30Mt would be exports. Two more production lines are also expected to push cement output to 101.74Mt from a total of 84 lines. The country produced 90.2Mt of cement in 2018.

Cement prices rise 36-44% in Tamil Nadu

14 February 2019, Published under Cement News

The price of a bag of cement in Tamil Nadu, India, has increased 36-44 per cent in the past week, rising from INR250 (US$3.54) to INR340-360. R Radhakrishnan, trustee and former national president of the Builders’ Association of India, has noted that the increase will affect construction projects. "The price of basic raw materials in manufacturing of cement has not increased. The price of cement bag has increased by INR100. This increase is totally unethical. We request the government to fo...

QNCC meets demand after commissioning new plant

12 February 2019, Published under Cement News

Qatar National Cement Co (QNCC) has succeeded in meeting demand levels in the country following the company’s 5000tpd Plant 5 entering operation, according to Salem bin Butti al Naimi, chairman and MD. "The company is supporting the massive construction boom in Qatar by meeting 100 percent market demand for all types of cement and washed sand successfully from the company’s own production maintaining the high quality standards, and at a reasonable price for all products," said Mr Naimi in ...

Vietnam estimated to produce 7.8Mt in January

01 February 2019, Published under Cement News

Vietnam’s General Statistics Office has estimated that the country produced 7.8Mt of cement in January 2019. This figure represents a 5.9 per cent YoY increase, but is down 1.6 per cent MoM. Revised figures for 2018 show that the country produced 90.2Mt in the full-year period, up 9.7 per cent YoY.

Vicat Egypt to invest in Sinai Cement

16 January 2019, Published under Cement News

Vicat Egypt is expected to invest up to EUR30m in Sinai Cement Co to meet the demand of the local and regional market. Tamer Magdy, CEO, Vicat Egypt, made the announcement during an event celebrating the 15th anniversary of the company’s presence in the Egyptian market. Vicat acquired Sinai Cement, based near El Arish, in 2003. The Egyptian economy has the potential to recover as it is moving forward on the back of the country’s policies, according to the CEO of Vicat Group, Guy Sidos. "W...

Vietnamese cement exports hits record high in 2018

02 January 2019, Published under Cement News

The volume of Vietnamese cement exports rose 55 per cent YoY to 31.65Mt in 2018, according to the Vietnam Cement Association (VNCA). As the highest ever export value in the sector, it represents an estimated value of US$1.2bn. The country's cement has been shipped to more than 40 countries with an average price of US$50/t for cement and US$38-US$42/t of clinker, up 20-23 per cent from the rates in 2016, according to VNCA's Chairman, Nguyen Quang Cung. Vietnam's Ministry of Construction...

Vietnam sees 9% cement production rise in 2018

31 December 2018, Published under Cement News

Vietnam is estimated to have produced 90.2Mt of cement in 2018, up 9.1  per  cent YoY, according to the latest data from the country’s government-run General Statistics Office (GSO).   The sum included 8.6Mt in December, an increase of 9.8 per  cent compared to the year-ago period.   In 2017, the country produced 85.4Mt of cement, including 7.6Mt in December, according to revised figures.

Belarus looks to increase cement sold via commodity exchange

31 December 2018, Published under Cement News

Belarus'  Architecture and Construction Ministry is in favor of exporting more cement via the country's commodity exchange, according to Deputy Architecture and Construction Minister, Alexander  Sidorov .     "We’ve  previously agreed that we are going to sell 10 per cent of the total amount of cement exported by Belarusian cement mills  via the commodity exchange. If the demand of foreign buyers rises, we are ready to raise the share of cement exported via the exch...