Cement News tagged under: Trading
Cement will be distributed this week14 June 2006, Published under Cement NewsThe Ministry of Industry, Jamaica Chamber of Commerce, is reporting that approximately 20,000t of cement will be available for distribution this week. In a joint meeting at the Ministry today (June 12), the entities reported that 75 per cent of the amount to be distributed would be bagged cement, while the remainder would be bulk. It was reported that last week the Caribbean Cement Company Limited imported 201,000 bags (8,600t) of cement, which will be available for sale by tomorrow (June ... |
Cement prices shoot up before monsoon14 June 2006, Published under Cement NewsCement prices have gone up across India just before the onset of the monsoon. Cement prices in Mumbai have increased by Rs 8 a 50-kg bag, Rs 10 a bag in South India and Rs 3 a bag in Gujarat in the past week. The cost per bag has shot up by 55 per cent from Rs 145 in December to Rs 225 now in Mumbai. In Gujarat, the price has jumped from Rs 160 to 193 per bag in the last six months time for a truckload, while it is Rs 210 per bag for lesser quantities. |
Exports to Kazakhstan will increase12 June 2006, Published under Cement NewsSverdlovskaya Cement, Yekateringberg, will start two new production lines of cement. They will be in Sukhoi Log town, said Wolfgang Bauer, director of the German concern Dyckerhoff AG. That means rise of cement output by 2.6Mta. The project needs capital investments, approximately US$150m. As governor of the Sverdlovskaya oblast Eduard Rossel says, works on erection of new producing capacities should begin as soon as possible. One of the consumers of the cement besides the domestic regions ... |
Cement majors ignore official warnings12 June 2006, Published under Cement NewsCement prices are likely to go up by Rs 3-Rs 5 from Saturday onwards in Mumbai, India, according to reliable sources. The move comes a month after cement manufacturers assured Union commerce minister Kamal Nath on May 15 that they will not hike prices further. This is the fifth time in the last six months that cement prices are going up in Mumbai, India’s largest cement market. Cement was selling around Rs 175-Rs 190 in January, while at present it is selling at around Rs 225-Rs 240 for a ... |
Government to meet with representatives, Turkey05 June 2006, Published under Cement NewsIndustry Minister Ali Coşkun said that following their meeting with representatives of cement sector he would meet with representatives from ready-mixed concrete and steel sector next week. Increases in cement prices, which also increased housing prices made the government take action and during meetings it was decided that prices wouldn’t be increased if not necessary. Addressing a press conference with Competition Board Chairman Mustafa Parlak, Coşkun said that price increases in the ceme... |
Cement to arrive by June02 June 2006, Published under Cement NewsSome 70,000 tonnes of cement are expected to arrive in the island of Jamaica by June for distribution by six private sector companies, in an effort to relieve the slump in the construction industry caused by a shortage of the product. Information Minister, Senator Colin Campbell, who made the disclosure during a post Cabinet press briefing at Jamaica House in Kingston on Monday (May 29), told journalists that the additional 70,000 tonnes would be brought into the island by Caribbean Cement ... |
Cement export to Afghanistan in full swing02 June 2006, Published under Cement NewsCement exports to Afghanistan from Pakistan is in full swing despite withdrawal of concessions by the government as figures climbed to 150,000t in May. The government had allowed Rs 1250 per tonne subsidy on cement export, which includes Rs 750 Central Excise Duty (CED), 15 percent GST and Rs 25 per tonne on packing material. It was later withdrawn in the light of ECC decision to discourage export. But the manufacturers, who have serious differences within their ranks over printing of price... |
UAE quashes move by local firms to raise cement prices02 June 2006, Published under Cement NewsThe United Arab Emirates (UAE)’s Ministry of Economy has overturned a decision by cement factories to increase cement prices by Dhs 10 (US$2.70) per tonne from June 1. In a statement carried by the official Emirates News Agency, WAM, Abdullah Bin Ahmed Al Saleh, a ministry official, said: "The ministry has moved swiftly to overturn the recent decision by cement factories to increase prices by Dhs 10 per tonne." Saleh said there should be no unified prices for cement, as this would cause ins... |
Cement prices jump in Grenada01 June 2006, Published under Cement NewsThe construction industry in the Caribbean island of Grenada will be hit by an almost 30 per cent increase in the price of cement as soon as the next shipment arrives, reports Caribbean Net News (May 8, 2006). Trinidad Cement Ltd (TCL), the main supplier here, announced the price adjustment, saying it was due to the rising cost of inputs, in particular fuel costs and the cost of procuring clinker. |
Cement price fixed at RD$12531 May 2006, Published under Cement NewsFollowing a six-hour meeting, the Dominican Republic government and cement producers agreed to establish the consumer price per bag at RD$125. This, price “reduction” comes about after a ‘price war’ among producers, by which the cement bag rose from RD$85 to RD$150 this past week. It was now decided to temporarily lower the price per bag to RD$125. Amelia Reyes, from the Association of Cement Producers, disclosed that the entity agreed with the government to lower from RD$130 to RD$105 pe... |