Cement News tagged under: Trade

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DTI imposes definitive anti-dumping duty on Vietnam exporters

30 December 2022, Published under Cement News

The Cement Manufacturers Association of the Philippines (CeMAP) welcomed the imposition of definitive anti-dumping duties against cement imports from Vietnam, according to a report in the Manila Bulletin. In a statement, CeMAP reiterated its view that there is sufficient domestic capacity to serve local demand for cement. It claimed that even without cement imports, the domestic industry is highly competitive with 14 integrated cement plants operating in the country, with further capacity...

CEMBUREAU welcomes ETS and CBAM agreements

20 December 2022, Published under Cement News

CEMBUREAU, the European Cement Association, welcomed the trilogue agreements struck by EU negotiators on the EU Emission Trading Scheme (ETS) and the EU Carbon Border Adjustment Mechanism (CBAM).  “The agreements on CBAM and ETS are essential to create a global level playing field on CO 2 and support our sector in its transition to carbon neutrality. It is positive that the EU institutions strengthened some key aspects of CBAM”, commented Koen Coppenholle, CEO of CEMBUREAU.  “We howev...

Cement exports and production fall during 5MFY23 and 4MFY23

19 December 2022, Published under Cement News

Pakistan's cement industry export revenue in the first five months of FY22-23 (July-November 2022) drastically fell on account of value and volumes, leading to reduced export earnings on YoY and MoM basis, according to the country’s Federal Bureau of Statistics (FBS). The production also contracted during the first four months of the current financial year. During the 5MFY22-23, the cement industry earned US$76.87m by exporting 1.547Mt of cement and clinker, compared with US$115.99m from ...

Pakistan cement dispatches contract in November and 5MFY23

06 December 2022, Published under Cement News

Pakistan's cement industry has recorded a YoY contraction of 16.82 per cent during November and 21.78 per cent in five months (July – November 2022) of the current FY2022-23. Cement dispatches/sales were disrupted due to a host of factors, including increased fuel prices, overall economic slowdown, flood impacts in the southern region, political unrest and multiple hikes in interest rates. The government increased interest rates last week by one per cent to 16 per cent. This will also dent...

Bangladesh earns cement revenue of US$2.77m in 4MFY23

15 November 2022, Published under Cement News

During the first four months (July and October) of FY22-23 (July-June), Bangladesh exported cement worth US$2.77m compared to US$2.44m in the same four months last year. This translated to a growth of 15.42 per cent but was down on forecast (-16.06 per cent ) to reach the target of US$3.3m set for these months of the ongoing fiscal year. The figure also includes a minor amount of salt, stone and related products, says the Bangladesh Export Promotion Bureau (EPB) data. Bangladesh has set a...

Indonesian cement and clinker exports decrease 36% in June

29 August 2022, Published under Cement News

Total exports from Indonesia declined by 35.5 per cent in June 2022 as the country’s cement producers supplied 665,760t of cement and clinker to overseas destinations, according to the Indonesian cement association, ASI. In June 2021 exports reached 1,032,486t. Cement exports slipped by 2.1 per cent to 115,455t in June 2022 from 117,960t in June 2021 while clinker exports decreased by 39.8 per cent to 550,305t from 914,526 over the same period. January-June 2022 In the first six months ...

FY22 ends with mixed export dispatches from Pakistan

20 July 2022, Published under Cement News

The Federal Bureau of Statistics (FBS) of Pakistan has released cement export data for July 2021-June  2022. Both value and quantity of exports plummeted during this period when compared with the equivalent months in FY20-21, apparently due to local and external issues.  Pakistan's cement industry in 12MFY21-22 earned US$223.99m of export revenue by dispatching 5.733Mt of cement and clinker overseas, compared to US$267.91m from 7.815Mt of exports in the year-ago period. The export figures...

Kaliningrad construction sector suffers from cement sanctions

05 July 2022, Published under Cement News

The restrictions of Russian cement and metals transit to the Kaliningrad region is having an impact on construction in the Russian province. Anton Alikhanov, governor of the Kaliningrad region, said the the transit of building materials such as cement is   the most critical for the regional economy. "Cement. This is the most challenging for us at the moment. Metals as well. We started experiencing interruptions of cement supplies as early as in spring, because Europeans initiated sanctio...

CEMBUREAU asks for speedy CBAM implementation

23 June 2022, Published under Cement News

The European cement association CEMBUREAU has welcomed the adoption of the European Parliament reports on the EU Emission Trading Scheme (ETS) and the EU Carbon Border Adjustment Mechanism (CBAM) but states that timely implementation of CBAM is key to support the sector’s transition to carbon neutrality. "Our sector needs a coherent and predictable regulatory framework to deliver on its carbon neutrality ambitions. The texts adopted today offer significant improvements on key issues – suc...

Cement exports from Pakistan show a mixed trend

21 June 2022, Published under Cement News

Pakistan's cement exports continued to report mixed trends in the export of cement and clinker cumulative basis for 11 months and in May alone of FY22, according to the Pakistan Bureau of Statistics. AKD Research has attributed this mixed trend to low export prices and increasing coal prices, which have made exports unattractive. Pakistan's cement and clinker exports in the first 11 months of FY21-22 (July 2021 to May 2022) earned US$211.19m in revenue by dispatching 5.465Mt cement and cl...