Cement News tagged under: Trading

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Cement prices go down in Azerbaijan

06 November 2006, Published under Cement News

Cement prices have recently began to go down in the retail market in Azerbaijan. The price per bag cement has fallen to AZN 6.4 from AZN 9, APA reports. Economic Development Ministry press service told APA that Antimonopoly Department has monitored artificial price increase in the domestic market and the results will be publicized soon. The Ministry claims that the prices will fall to the level of the price set by the cement producer. Kamran Abbasov, marketing manager of Garadagh Cement, ...

Ethipoia to start importing cement

30 October 2006, Published under Cement News

The Ethipopean Ministry of Trade and Industry announced that it had signed agreements with five trading companies and other 10 construction companies to import cement, says The Reporter  (Addis Ababa). Meanwhile, Salini Construction, which is known for its engagement in electric power projects of EEPCO, managed to ship 6000t of cement to the port of Djibouti and the product is expected to be transported to the country and hit the market very shortly. Ato Fantaye Biftu, an advisor to the...

Construction firms look East for cement imports as prices firm up

30 October 2006, Published under Cement News

Construction companies in India are looking east for importing cement as domestic price of the building material is moving north. As cement prices have shown over 60 per cent increase in last one year, construction majors are planning to import it from Indonesia and Korea. "An year ago we paid Rs135 for a 50kg bag of cement. Today, the cost of one bag has reached Rs220. Still, there is uncertainty about cement price in the domestic market. It is unlikely to stabilise in the next few months,...

DTI urged to recover ’low-quality’ imported cement from buyers

30 October 2006, Published under Cement News

The Cement Manufacturers’ Association of the Philippines (CeMAP) has urged the Department of Trade and Industry to locate and to withdraw from buyers 30,000 bags of allegedly low quality Horse brand cement from China which DTI said were illegally released from a warehouse here. In a statement, CeMAP quoted its president Ernesto M. Ordoñez to have asked the DTI to recover the goods to prevent accidents and "protect the consumers." CeMAP cited that the product was banned after failing "criti...

Antimonopoly Department launches investigation into the cement price rise

30 October 2006, Published under Cement News

Price rise in construction materials have been observed in Azerbaijan over the past few days and it particularly affected on the cement prices. The Azerbaijani Ministry of Economic Development informed Trend that the Antimonopoly Policy Department of the Ministry set up investigation into the rise of cement prices and a special working group has been established in this respect. The working group is investigating factors which caused rise in prices, fulfillment of requirements of the an...

Trade department sues Davao cement importer, Philippines

23 October 2006, Published under Cement News

The Trade and Industry department has filed a case against a cement importer for distributing its products even without a permit.     Robert Barlis, Davao City Field Service Office chief of the agency, said Philman Commercial, Inc. violated Republic Act 4109, a law that orders an importer to secure an import commodity clearance before it could distribute its products, and Section 6.5 of the Department Administrative Order 2 series of 2002, which sets the responsibilities and liabilities of ...

More cement to be shipped south from north, Vietnam

20 October 2006, Published under Cement News

Deputy construction minister Tong Van Nga has ordered the Cement Holding Company to urgently organize the transport of cement from North to South due to a shortage in HCMC and neighboring provinces, Sai Gon Giai   

Cement export rebate to be eliminated within three years

17 October 2006, Published under Cement News

According to Lei Qianzhi, Director of China Cement Industry Association, China will eliminate export rebate of cement within 3 years. The export rebate rate has already been reduced to 8% in 2006.    The export of cement in China in the first half of 2006 made a drastic growth over the same period of 2005. Main reasons include the brisk demand in America, Europe and the Middle East and the fierce competition in the domestic market. The situation however can not last long. The United States ...

ECC rejects cement import ban proposal, Pakistan

16 October 2006, Published under Cement News

The Economic Co-ordination Committee (ECC) of the Cabinet has rejected a proposal regarding ban on import of cement, saying that the decisions taken earlier in this regard would remain intact, official sources told Business Recorder here on Wednesday. Sources said the Ministry of Industries and Production had suggested to the ECC that the previous decisions taken to stabilise cement prices through withdrawal of freight subsidy of Rs 60 per bag and restoration of rebate on cement export to Af...

Italcementi plans to raise capacity, exports of Bulgarian plant

13 October 2006, Published under Cement News

Italcementi plans to raise its exports from Bulgaria, which will join the European Union next year, on the back of increased capacities, a senior official of the company said on Thursday. Italcementi, which owns the Devnya cement plant near Bulgaria’s Black Sea city of Varna and Vulkan in southern Bulgaria, will invest some € 180m euro (US$225.7m) to reconstruct the Devnya plant and raise its annual capacity by 50 per cent to 3Mt within three years. "[Devnya exports will rise] in be...