Cement News tagged under: Trading
Russian cement prices26 January 2006, Published under Cement NewsCement producer prices (Euros for tonne), year 2005: January Euro 28.54; March 26.54; June 38.75; October Euro 42.23. |
Major shipment of cement due to arrive in Antigua25 January 2006, Published under Cement NewsA shipment of 1200t of cement for the local market and the construction of the Sir Vivian Richards Cricket Stadium at North Sound will arrive in Antigua and Barbuda on Wednesday from Trinidad and Tobago according to local news sources. Ambassador Sir David Shoul who, along with Trade Coordinator Dr. Clarence Henry, recently negotiated a constant supply of cement from Trinidad Cement Limited (TCL), outlined that the company is fulfilling its commitment to assist Antigua and Barbuda in ensu... |
Building groups praise agreement on Mexican cement24 January 2006, Published under Cement NewsUS Construction trade groups are praising an “agreement in principle” to reduce tariffs on cement from Mexico, saying it’s a good step toward reducing shortages and lowering building costs. The agreement, announced by the US Commerce Department last week, will reduce “anti-dumping” duties on imported Mexican cement from $26 per tonne to $3 a tonne, effective April 1. Quotas and duties would be eliminated after three years. “We are hoping this will be the start toward getting rid of these ... |
Iran’s cement production to hit 75Mta23 January 2006, Published under Cement NewsGiven the existing potentials of the country and the number of the projects credited by Bank Sepah, Iran’s cement production by the end of the Fourth Five-Year Socioeconomic Development Plan is expected to hit 75Mt by about 2020. The bank’s own share of the production is planned to be about 20,544,000t or 27.5 per cent of the total production, IRNA quoted an official in Bank Sepah as saying. In line with the government objectives outlined in the third and fourth development plans, Bank Se... |
Latvia: construction costs rise23 January 2006, Published under Cement NewsLast year construction costs in Latvia rose by 11.4 percent on average from 2004, which is the steepest rise in ten years, the Latvian statistics bureau said. The statistics bureau said salaries of construction workers saw the most rapid increase growing by 16.1 per cent over the past year. Costs of construction equipment maintenance and operation rose by 13.8 per cent, and prices of building materials went up 9.6 per cent. Costs in the renovation of office buildings grew by 10.9 per cent, i... |
GCC expects to recoup $40m23 January 2006, Published under Cement NewsMexican cement maker Grupo Cementos de Chihuahua SA said Friday it expects to get back about US$40m in disputed cement duties after the US and Mexico settled a 16-year-old antidumping row. Under the agreement announced Thursday, Mexican cement makers will be allowed to export 3Mta to the US with an import tariff of US$3/t, down from US$26/t. After three years, the antidumping duties will be eliminated entirely. The settlement also included an agreement to share unliquidated duties dating back... |
Chile cement sales increasing20 January 2006, Published under Cement NewsChilean cement sales increased to 85.9 million bags for the period from January to November 2005, up by 6.0 per cent year-on-year, local media reported on January 18, 2006. A total of 8.5 million bags of cement were sold in November 2005, up 5.2 per cent year-on-year. This positive performance of the sector encouraged local analysts to announce projections of a 5.0 per cent year-on-year increase for full 2005, compared to the originally projected 4.0 per cent. This growth rate is expect... |
Tentative agreement averts cement strike20 January 2006, Published under Cement NewsHawaiian Cement and the union that represents 20 of its workers averted a strike early this morning. They tentatively settled on a five-year contract. The strike was expected to start today just after midnight. Union leader Mel Kahele says he expects workers to ratify the contract within the next five days. The union accepted the company’s demand that employees pay 20 per cent of their medical premiums in exchange for raises. Michael Coad is Hawaiian Cement vice president and lead negotia... |
Nine-month cement exports increase19 January 2006, Published under Cement NewsAccording to “Tehran Times”, some 386,000t of cement, valued at US$20.1m, was exported from Iran since the beginning of the current Iranian year (March 21, 2005). This showed 12 per cent volume increase in comparison with the same period last year. In the same period, Iran Customs Administration registered export of a total of $192.5m of building materials to set 54.7 per cent increase. Some 92 per cent of Iranian building materials were destined for Afghanistan, China, Iraq, Kuwait, and Azer... |
Carib Cement says cement shortage is over18 January 2006, Published under Cement NewsThe cement shortage that has been plaguing Jamaica’s construction sector is over. News from Caribbean Cement Company is that the market now has adequate supplies of cement to meet demand. In addition, General Manager of Caribbean Cement, Anthony Haynes, says the Bureau of Standards has given clearance for the release of supplies which have been imported. Late last year, Caribbean Cement Company was forced to import cement to supplement the chronic shortage of the commodity. This was due to pr... |