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Cement sold through Iran's mercantile exchange rises

18 August 2021, Published under Cement News

The operations manager of the Iran Mercantile Exchange (IME), Abbas Yaghoubi, has provided an update regarding the offering of all the country's cement via the IME, according to Trend News. Currently, 56 companies out of 78 cement companies have been admitted to offer their products through the IME, but further companies are expected to also accept and submit documents. "The trend of cement offering in the IME is upward," said Mr Yaghoubi. "The offering of cement via IME started from 1...

Kazakhstan lifts import restrictions

27 July 2021, Published under Cement News

Kazakhstan has lifted the restriction on cement imports from third countries, Trend reports. As a result, cement clinkers, Portland cement, alumina and hydraulic cements are allowed to be imported into the country. The lifting is expected to benefit the demand in the western regions and reduce the price of cement in Kazakhstan. The ban was introduced on 30 April 2021 by the Ministry of Industry and Infrastructural Development to support local cement producers. However, cement prices in...

Rock Hard Distributors sees import restrictions claim dismissed

22 July 2021, Published under Cement News

The judicial review claim brought by Trinidad and Tobago-based Rock Hard Distributors and St Lucia-based Rock Hard Distribution Ltd against the Ministry of Trade and Industry against the ministry’s steps to introduce a quota on imported cement and a proposal to increase import duties was dismissed by Justice Jacqueline Wilson. The claim sought to challenge the decision made by the ministry on 13 November 2020 introduce import quota from 1 January, allowing only a total of 75,000tpa for all...

Another busy export year for Pakistan’s cement industry

21 July 2021, Published under Cement News

The Federal Bureau of Statistics (FBS) of Pakistan has released cement export data for the just-concluded FY20-21 (July 2020-June 2021). Both value and quantity of exports rose in this period when compared with the equivalent months in FY19-20. Pakistan's cement industry in 12MFY20-21 earned US$267.91m of export revenue by dispatching 7.815Mt of cement and clinker overseas, compared to US$259.44m from 7.11Mt of exports in the year-ago period. The export figures represent a noticea...

Vietnam considers higher cement export tariff

20 July 2021, Published under Cement News

Vietnam’s Ministry of Finance (MoF) has reportedly proposed that the government consider increasing the export tariffs for clinker to 10 per cent from five per cent, according to Vietnam News. The MoF explained that exports of cement and clinker are not sustainable as their production uses non-renewable sources. Cement and clinker producers in Vietnam are also making use of a low electricity tariff.

Bangladesh cement export revenue fall

19 July 2021, Published under Cement News

Bangladesh's cement industry has earned export revenue of US$7.26m in the last fiscal year (July 2020-June 2021), compared to US$9.14m in the year-ago period, a fall of 20.6 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.   Bangladesh exports 90 per cent of its cement to India. An increase in local consumption and high cost of exports attributed to lesser export, a research house...

Spanish cement exports increase 36% YoY in June

15 July 2021, Published under Cement News

Spanish cement exports have seen growth slow to 35.9 per cent YoY to 3.8Mt in the first half of 2021, down from 38.2 per cent in the 5M21, according to Spanish cement association, Oficemen. In June 2021 alone the country exported 684,266t of cement, representing a YoY advance of 23.5 per cent. "Although we celebrate the recovery of exports, after the drop below 6Mt in 2020, the truth is that, in our opinion, the instability of international markets due to the incidence of the pandemic cont...

ADY Express starts exporting cement to Georgia

14 July 2021, Published under Cement News

ADY Express LLC, a subsidiary of Azerbaijan Railways, has started transporting cement produced by Holcim Azerbaijan OJSC to Georgia by rail. The cargo is loaded on semi-wagons provided by ADY Express LLC at the Garadagh station and delivered to the Caspi station in Georgia. The return journey is generally carried out in 6-7 days. ADY Express has allocated 50 wagons for the transportation of these goods, which are planned to be carried out four times a month. The company plans to e...

Turkey sees 24% in exports in 4M21

12 July 2021, Published under Cement News

Turkey’s cement export values increased by 23.5 per cent to US$1.41bn in the January-April 2021 period when compared to the equivalent period in 2020, according to the Turkish Ministry of Trade. Exports to Georgia were up 2.3 per cent to US$13.1m in the four-month period. In April 2021 Turkey exported cement with a value over US$402.5m to global markets, representing an advance of 74 per cent YoY.

Indonesian cement exports see 119% YoY rise in 5M21

01 July 2021, Published under Cement News

While cement exports from Indonesia decreased from 1.2Mt in March and April to 1Mt in May, the January-May 2021 volume saw a 119 per cent YoY rise to 5.69Mt, according to the Indonesian Cement Association (ASI).     Around half of exports were shipped to Bangladesh while China accounted for an offtake of 740,531t, or 13 per cent, in the first five months of 2021. Taiwan, the Philippines and Australia each had a share of eight per cent of the total export volume. Sri Lanka has a three per ...