Cement News tagged under: Trade

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Ukraine launches antidumping investigation into cement imports

11 September 2020, Published under Cement News

Ukraine’s Interdepartmental Commission on International Trade has launched an antidumping investigation into the import of cement from Turkey, according to Business World.  The commission reportedly received a complaint from Dyckerhoff Cement Ukraine, Kryvyi Rih Cement, Mykolaivcement, Podilsky Cement, and Cement LLC with the support of Ivano-Frankivskcement. According to the applicant, during the observation period (2017-19), the import of cement in absolute terms increased by 809 per...

Bangladesh producers seek advanced income tax refund of BDT7500m

28 August 2020, Published under Cement News

Bangladeshi cement manufacturers have requested that the National Board of Revenue makes payment of BDT7500m (US$88,47m) as a refundable advanced income tax to help them recover some of their losses from the coronavirus pandemic. Previous attempts to seek similar demands in the national budget were turned down. "We need a fresh injection of capital to recover the losses incurred due to pandemic. We have fallen in capital shortage as well. So, the government should refund our adjustable fund...

Dry bulk outlook amid COVID-19 impact

21 July 2020, Published under Cement News

As the coronavirus took hold of global economic activity, dry bulk trade crashed. As some parts of the world cautiously move out of lockdown, what is the outlook for the shipping of cement and other dry bulk trades? By Rahul Sharan, Drewry Maritime Research, UK. Figure 1: the world’s largest cement importers (top) and exporters (bottom), 2019 The COVID-19 pandemic that started with China has now gripped almost the entire world, severely hitting global economic activities and ...

Euro-Med trading trends

14 July 2020, Published under Cement News

Since 2012 the countries that border the Mediterranean Sea have suffered from various challenges, including economic crises, increasing migration flows and Islamism, wars, political instability, oil price fluctuations and now the COVID-19 pandemic. This uncertainty has affected construction activity in most Mediterranean countries. With growing CO 2 concerns and stronger EU-related regulations, regional cement producers are not playing in international markets with the same cards: non-EU pl...

Turkish cement exports to France rise by 9% in 1H20

14 July 2020, Published under Cement News

In June 2020 the export of Turkish cement to France increased by 65.6 per cent YoY, representing a value of US$12.9m, according to the Turkish Ministry of Trade. Total cement exports from Turkey in June advanced 37.4 per cent to US$343.1m when compared with June 2019. January-June 2020 In January-June 2020 Turkish cement exports to France increased 8.9 per cent YoY to US$61.6m, reported Trend News Agency.

Ready to sail

06 July 2020, Published under Cement News

Much of global cement trade involves the shipping of product via specialised carriers at some point. Brian Benjamin of Sirios Shipping Management Co, gives an overview of the operational and commercial procedures of shipping cement from its loading point to discharge at the cement company’s customer. By Brian Benjamin, Sirios Shipping Management Co, Greece. A fleet of specialised self-discharging cement carriers form a key part of global cement trade Sirios Shipping Management C...

Cement exports from Pakistan drops due to COVID-19 in 10MFY20

28 May 2020, Published under Cement News

The Federal Bureau of Statistics (FBS) of Pakistan has released cement export data for the 10 months of July 2019 to April 2020. It visibly carries the impact of coronavirus on the cement industry in the country.   Pakistan's cement industry has earned export revenue of US$223.20m by exporting 5.949Mt of cement and clinker in 10MFY19-20, compared to US$243.12m from 5.738Mt of exports in the year-ago period. This represents a 8.2 per cent decline in terms of value in dollars, but adds a grow...

Bangladesh opens new ports of call with India to increase trade

26 May 2020, Published under Cement News

Bangladesh and India have added five more ports of call to its existing six and two Indo-Bangladesh Protocol (IBP) water routes. The move would help reduce transport cost in exporting bulk amount of cement to Tripura and the other northeastern states, said Mr Shahidullah, managing director of Metrocem Cement and first vice-president of Bangladesh Cement Manufacturers Association. The five new ports of call in Bangladesh that were put in the Second Addendum to the Protocol on Transit and Tr...

Vietnam's cement exports to China drop 5% in 1Q20

12 May 2020, Published under Cement News

China was the largest market for Vietnamese cement imports in the first quarter of 2020, importing 2.73Mt worth US$96.92m, according to the latest data from the General Department of Vietnam Customs. This was down 5.4 per cent and 13.3 per cent YoY in volume and value, respectively, but still accounted for 35.3 per cent of Vietnam’s export volumes during the quarter. The Philippines imported 1.47Mt worth US$69.09m in the 1Q20, declining 27.5 per cent YoY in volume and 32.3 per cent in val...

Pandemic to seriously affect global cement trade

08 May 2020, Published under Cement News

At Cemtech's live webinar on the 'seaborne trade of cement and clinker' this week, Ad Ligthart of Cement Distribution Consultants, gave a sobering outlook on global trade in response to COVID-19 and the many government lockdowns that have been implemented worldwide.  "Seaborne trade of cement and clinker will be seriously affected," said Mr Ligthart, adding: "There will be a global reduction in cement consumption and the result of that for seaborne trade and distribution is that the drop w...