Cement News tagged under: Trading
Indonesia’s March cement consumption down18 April 2006, Published under Cement NewsIndonesia’s domestic cement consumption fell 5.3 per cent last month to 2.51Mt, according to data from the country’s largest cement maker, PT Semen Gresik. State-run Semen Gresik , which had an installed capacity of more than 16Mta, said its own domestic sales rose 9.8 per cent in March from the same month in 2005 to 1.24Mt Including exports, Gresik’s sales rose 0.7 percent to 1.26Mt. The data showed cement consumption in the main island of Java, which accounted for around 60 per cent of na... |
Decision to import duty free cement18 April 2006, Published under Cement NewsThe Pakistan Punjab Economic Forum (PEF) has appreciated the government decision to allow duty-free import of cement and termed it a big relief to the construction industry, which actually was suffering for the last many days. In a statement issued on Saturday, the President Punjab Economic Forum Mian Anjum Nisar, Vice Presidents Mehboob Nasir Chaudhry, Jalil Ahmad Malik and Mian Mohammad Hanif said that the decision would not only bring the fast increasing prices to reasonable level but wou... |
ACC to refocus on marketing13 April 2006, Published under Cement NewsThe Associated Cement Companies Limited (ACC), has undertaken a reorganisation of its company to focus more on marketing activities, with greater focus on the customer and the end user. ACC today announced that Ashok Jain, a whole-time director who was so far supervising cement marketing, will now be the whole-time director responsible for the cement maker’s ready mixed concrete business. The company’s ready mixed concrete (RMX) business maintained the growth trend witnessed in the last ... |
Cement prices in South Africa12 April 2006, Published under Cement NewsSouth Africans apparently not only pay among the highest prices for steel in the world, but also for cement. The market leader in this sector, cash cow PPC, says prices are justified given that transportation and packaging costs are higher in SA than in most other countries, according to a recently released Merrill Lynch report. It would be interesting to have a closer look at these costs in comparable countries. The broker says cement prices in SA are at the top end of global prices. It... |
CeMAP wants more protection12 April 2006, Published under Cement NewsPhilippine cement manufacturers have asked the government to protect them against technical smuggling, following the Trade department’s decision last March 14 not to extend the duty on imported Gray Portland cement, Cement Manufacturers Association of the Philippines (CeMAP) President Ernesto M. Ordonez said in a recent interview. The Trade department based its decision on a Supreme Court ruling on October 5 last year that denied with finality the motion for reconsideration of CeMAP, for... |
Afghanistan to increase production10 April 2006, Published under Cement NewsFollowing Pakistan’s recent ban on cement exports to Afghanistan, the country’s Ministry for Commerce said on Sunday that the government had increased investment in the sector to meet local demand and also control prices. Head of Foreign Trade Department with Afghanistan’s Ministry for Commerce Mohammad Azim, told Pajhwok Afghan News that the department had discussed locally producing cement prior to the export ban by Pakistan. |
Iran’s cement production increasing10 April 2006, Published under Cement NewsCement production in Iran will total 36Mt in the current Iranian year (ends March 20, 2007). Some 2.5Mt was added to the country’s cement production capacity last year as two new cement plants came on stream in Yazd and Kashan. Further increase is also expected as a new unit is added to the Fars-Khuzestan cement group. |
Shortage? What shortage10 April 2006, Published under Cement NewsA warning that Government’s approach to the Caricom Secretariat to have the common external tariff (CET) on cement and steel removed will only serve to hurt hundreds of thousands of shareholders-was issued by local Trinidad contractor Emile Elias. Elias explained that the TCL shareholders that he’s referring to are those "holding shares mainly through the shares held by NIB (National Insurance Board) and UTC (the Unit Trust Corporation)". Furthermore, Elias insisted that Cabinet has been m... |
Shortage? What shortage10 April 2006, Published under Cement NewsA warning that Government’s approach to the Caricom Secretariat to have the common external tariff (CET) on cement and steel removed will only serve to hurt hundreds of thousands of shareholders-was issued by local Trinidad contractor Emile Elias. Elias explained that the TCL shareholders that he’s referring to are those "holding shares mainly through the shares held by NIB (National Insurance Board) and UTC (the Unit Trust Corporation)". Furthermore, Elias insisted that Cabinet has been m... |
India Cements plans price hike07 April 2006, Published under Cement NewsIndia Cements, one of the largest producers of cement in South India, is planning to raise prices once again. Industry sources say the company is looking at raising prices up to Rs 20 per bag in the next month. The hike may not be all at one go but in tranches. N. Srinivasan, MD of India Cements, told The Telegraph, "I will not comment specifically on this issue, but it’s true that prices are hardening and can go up further." The idea behind the price hike, industry sources say, is the fact... |