Cement News tagged under: Trade

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Seizing opportunities

08 August 2016, Published under Cement News

Cementos Argos has expanded rapidly over the last decade from a local Colombian company to a multinational cement, concrete and aggregates player, competing successfully in a global business environment. ICR speaks with Cementos Argos’ CEO, Juan Esteban Calle, about the company’s continued rise. Juan Esteban Calle, CEO of Cementos Argos By the end of 2015 Cementos Argos had transformed its operations to encompass nine integrated cement plants in Colombia, three in the US and one...

Saman Cement's MD angered by Iraq's high import duties

23 June 2016, Published under Cement News

The managing director of Saman Cement Co, in Kermanshah, West Iran, has said that Iraq's high import duties on cement has put the Iranian cement industry in crisis, reports the Tasnim News Agency. Shahryar Geravandi, the managing director of Saman Cement Co said: "The new policy of the Iraqi government to increase import cement duties has put [Iranian] cement factories in danger, and domestic cement factories are now facing surplus product." Geravandi added that importing to new markets ...

Vietnam: export volumes fall for first five months

21 June 2016, Published under Cement News

Vietnam earned US$260.64m from exporting 7.12Mt of cement and clinker in the first five months of this year, down 0.7 per cent on-year in value and 15.7 per cent in volume. Bangladesh, Philippines and Taiwan were the major importers of Vietnamese clinker and cement in the first five months of this year, the Vietnamese Ministry of Industry and Trade said. Bangladesh took the lead after importing 2.52Mt of cement and clinker worth US$74.89m from Vietnam in the period. The Philippine...

Iran Mercatile exchange resumes cement export trade

20 June 2016, Published under Cement News

Cement offerings for export have resumed at Iran Mercantile Exchange, the IME chief said. 
Isfahan Cement Company initiated the offering with 2000t of cement on Saturday, 1000t of which were traded on cash payment.
 “We intend to expand our export markets for cement and unify prices by exporting the commodity through IME,” Hamed Soltaninejad was also quoted as saying by IRNA.
 Government-enforced pricings and the subsequent lack of competition caused cement manufacturers to become disillus...

Bangladesh remains Vietnam's strongest export market

24 May 2016, Published under Cement News

From January to April, Vietnam exported 5.99Mt of cement and clinker to Bangladesh, which remains Vietnam's largest export market with US$64.46m. The Philippines (US$58.47m), Taiwan (US$10.67m), Mozambique (US$9.9m), and Chile (US$9.72m) are also major importers of Vietnamese cement. Vietnam's cement consumption in these four months was also very positive reaching 18.85Mt, representing an increase of 117.4 per cent YoY.

Moldova applies quota on cement imports from Ukraine

29 April 2016, Published under Cement News

The government of Moldova has introduced protective quotas and duties on several commodities including cement produced in Ukraine. The resolution of the Moldovan government said products will be limited with quotas, while goods imported in excess of the restrictions will have protective duties applied. The quota for cement is 500t and if volumes imported from Ukraine exceed this level custom duties will be applied at 10 per cent. The quotas will be granted on a "first come - first serv...

Ghana: Ministry on cement-trade-war alert

29 January 2016, Published under Cement News

Dr Ekwow Spio-Garbrah, Ghana's Minister of Trade and Industries, says his Ministry is undertaking a thorough evaluation of various interests in the current trade-war between local cement manufacturers and importers. Local cement makers are claiming cement imports from Nigeria and China are flooding the market, thus making their businesses uncompetitive. Dr Spio-Garbrah said the exercise, with references to price build-ups in other countries, should enable the ministry pronounce appropriatel...

Pakistan’s September cement sales and exports fall

13 October 2015, Published under Cement News

September’s figures were disappointing for the cement industry as dispatches registered 2.95Mt, a decline of 6.4 per cent annually (-3.7 per cent monthly). As anticipated, exports continued their downward fall by 36 per cent YoY where growth in local dispatches (+2.5 per cent YoY) failed to compensate for the decline in exports. The main reason for the export decline is the proliferation of cheaper Iranian cement in Afghanistan and the imposition of an antidumping duty by South Africa. A...

Reliance Cement joins e-commerce world

04 September 2015, Published under Cement News

Reliance Cement Co Pvt, a subsidiary of Reliance Infrastructure, has announced its entry into e-commerce via a new "e-tailing" facility, which will be initially available in Uttar Pradesh, Madhya Pradesh and Maharashtra, India. The e-tailing facility is available for a minimum order of 25 bags and delivery to customer will take place within 48h. "With this, Reliance Cement has become one of the first e-commerce cement companies in India," said Atul Desai, chief marketing officer of the co...

Ghana's cement producers seek protection

03 September 2015, Published under Cement News

Ghana's cement producers are under pressure from cheap Chinese imports of bagged cement. The domestic producers have been supported in their struggle by a customs review of the cost and freight value of imported cement which have been adjusted from US$25/t to US$60/t. Dr George Dawson-Ahmoah, chairman of the Ghana Cement Manufacturing Association (GCMA) and strategy and corporate affairs director of Ghacem, said the country does not need the influx of bagged cement, expressing optimism tha...