Cement News tagged under: Trade

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Vietnam exports to dip as China weakens

02 May 2022, Published under Cement News

Vietnam’s cement and clinker exports are expected to record an annual drop of 1.5 and two per cent YoY, respectively, to 45Mt in 2022-23, according to VNDirect Securities. This is being blamed on lower demand from China. Vietnam’s cement and clinker exports have surged since China was forced to close many of its factories due to environmental problems and a shortage of power for production in 2017-21. The figure reached 46Mt in 2021, marking a 20 per cent uptick YoY and triple the figure r...

EC agrees on the Carbon Border Adjustment Mechanism (CBAM)

17 March 2022, Published under Cement News

The European Council (EC) has reached agreement (general approach) on the Carbon Border Adjustment Mechanism (CBAM) regulation, which is one of the key elements of the European Union’s ‘Fit for 55’ package. The main objective of this environmental measure is to avoid carbon leakage. It will also encourage partner countries to establish carbon pricing policies to fight climate change. For that purpose, CBAM targets imports of carbon-intensive products, in full compliance with inter...

Pakistan's cement/clinker exports observe a mixed trend in 8MFY22

17 March 2022, Published under Cement News

Pakistan's cement and clinker exports have observed a mixed trend in the first eight months of FY21-22. During a presentation, Mohsin Naqvi, group director finance of Maple Leaf Group – the parent company of Maple Leaf Cement Co (MLCF), has stated that the company is not foreseeing robust growth in export given higher sea freight charges. Hence, the negative trend was also reflected in cumulative export data.   The Pakistan cement industry earned US$179.44m in export revenue by dispat...

Indonesian cement and clinker exports rise to record levels in 2021

11 March 2022, Published under Cement News

Indonesia is rapidly expanding its cement and clinker export activities, with YoY volumes climbing by 25.2 per cent to reach a record 11.610Mt in 2021. By year end, cement exports grew by 46.6 per cent to 1.609Mt, while clinker volumes expanded by 22.3 per cent to 10.001Mt. Bangladesh and the Philippines were major clinker destinations, while cement destinations included Mauritius and the Maldives.

Africa’s 2022 trading outlook

14 February 2022, Published under Cement News

As the African cement sector begins to adjust to a post-pandemic climate, Harpreet Duggal, CEO of trading company Black Rock Cement, UAE, and former CEO of Dangote Cement Tanzania, shares his expert opinion on the outlook for cement trade in the region in 2022. Harpreet Duggal, CEO Black Rock Cement ICR: Could you provide a brief overview of Black Rock Cement’s operations and the global markets it supplies with cement, clinker and raw materials? Harpreet Duggal (HD): Black R...

Bangladesh export dispatches rise in 7MFY22

09 February 2022, Published under Cement News

Bangladesh’s cement industry has earned export revenue of US$4.66m in the seven months of FY21-22 (July 2021-January 2022), compared to US$4.42m in the year-ago period. This reflects a growth of 5.4 per cent YoY. The figure also includes a minor amount of salt, stone and related products, according to the Bangladesh Export Promotion Bureau (EPB) data. The export value for cement decreased by 0.4 per cent, underperforming compared with the government target set for the period due to an in...

Saudi cement sales fall 6% to 4.9Mt in January

08 February 2022, Published under Cement News

The total sales of 17 Saudi cement producers fell per cent to 4.9Mt in January, compared to 5.2Mt in the same month last year, according to recent data issued by Yamama Cement Co . Locally, 13 market players reported lower sales, led by Northern Region Cement C o with a 60 per cent YoY decline. It was followed by United Cement Industrial Co (down 35 per cent YoY), and Al-Jouf Cement Co , down 24 per cent YoY. On the other hand, four companies recorded higher sales, headed by Y...

Mediterranean trading trends

17 January 2022, Published under Cement News

Cement producers bordering the Mediterranean have seen a shift in trading trends over recent years due to a number of influencing factors. In this report, DGS Consultants explains how cement and clinker trade for the region has evolved over the last two years and, with an expected post-COVID recovery, presents key findings for tomorrow. By Sylvie Doutres, DSG Consultants, France An overview of the Mediterranean trading panorama with expectations for 2022. Pictured: Batiçim’s Batili...

Saudi Cement sales fall to 4.7Mt in November

09 December 2021, Published under Cement News

The aggregate sales of 17 Saudi cement producers decreased by five per cent to 4.7Mt in November, compared to 4.9Mt in the same month last year, according to Yamama Cement Co. Locally, 14 market players reported lower sales, led by Northern Region Cement Co with a 54 per cent YoY drop. It was followed by United Cement Industrial Co, whose sales were down 31 per cent YoY, and by City Cement Co, which posted a fall in sales of 20 per cent YoY. Three companies recorded higher sales, headed...

DTI increases anti-dumping duties on Vietnamese imports

06 December 2021, Published under Cement News

The Department of Trade and Industry (DTI) has slapped provisional anti-dumping duties as high as 32 per cent on specific Portland cement brands from Vietnam to the Philippines, as these were found to be causing "serious injury" to local cement manufacturers. In a statement on Sunday, the DTI said a preliminary determination showed that nine out of 16 Vietnamese exporters of Type 1 cement and four out of 12 exporters of Type 1P cement have been dumping cement in the Philippines. T...