Cement News tagged under: Trading

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Jordan Cement Factories

11 June 2004, Published under Cement News

Jordan Cement Factories Company (JCFC) has started works to restore the cement exports unit in Aqaba, southern Jordan, at the cost of over $1.0m, it was reported on June 10, 2004.  The company is targeting exports through the Aqaba Port to foreign markets and especially to markets in the Gulf Cooperation Council (GCC) countries, following the increased number of orders it has received, JCFC director general, Samir al-Bairaqtar, said in early June 2004. The company is also considering a campai...

Cement price manipulation?

11 June 2004, Published under Cement News

The Malaysian Ministry of Domestic Trade and Consumer Affairs will launch an investigation into allegations that the prices of cement are being manipulated by unscrupulous transporters and distributors.  Datuk Mohd Shafie Apdal This stems from a complaint by the Building Materials Distributors Association of Malaysia that manufacturers were losing some RM150 million annually due to the manipulation by a minority group. At a ministry-private sector dialogue session in Kuala Lumpur on June...

Cement orders from UAE continue

11 June 2004, Published under Cement News

Pakistani cement manufacturers say they continue to get import enquiries from companies in the UAE and Qatar.  ³Our cement consignments are going to UAE regularly and there is a demand of 2,000 tons per week,² said a source at Attock Cement. Daily Times had reported last week that Pakistani cement companies had been receiving export orders from the Dubai region on account of lower prices here. Analysts had said local companies will earn a profit of $50 per ton by exporting to the Dubai regio...

Cement price fixed at Dh220-340 per tonne

10 June 2004, Published under Cement News

DUBAI - The UAE Contractors Association (UCA) in its efforts to protect the construction sector and fix the prices of cement manufactured by local companies, succeeded in signing a preliminary agreement with UAE cement factories on June 6. The statement issued by the UAE Contractors Association revealed that according to the agreement the cement prices would be decreased starting from June 7. The factories will supply cement directly to contractors ,without going to brokers or through the bl...

Israeli wall with Egyptian cement

09 June 2004, Published under Cement News

The Palestinian Legislative Council is scheduled to hold a meeting in Ramallah on Wednesday to discuss the latest scandal in the Palestinian Authority regarding the import of cement from Egypt. Members of the committee visited Jordan and Egypt to collect evidence and other documents related to the case. One of them said an initial investigation has shown that senior PA officials were involved in the case. The scandal erupted following reports in the Egyptian media last November tha...

The costs of rebuilding Iraq

08 June 2004, Published under Cement News

According to a report in the US-based Newsday magazine,  the cost of building materials in Iraq are rising rapidly. Bricks cost two to four times what they did before the US invasion last year. The price of cement is up 400 per cent, gravel up 70 per cent. The United States is pushing urgently for reconstruction as a way to stabilize Iraq and the US-led occupation authority is to spend US$18 billion on rebuilding over four years. But you can’t repair a country still at war, say many Iraqis a...

Coal and petcoke tenders announced

04 June 2004, Published under Cement News

Holcim’s North American operations has invited offers through June 11 on over a million tons of coal and more than 300,000 tons of petroleum coke for delivery in 2005.The company has invited offers from virtually all over the United States, but is open also to offers from abroad on both products, as well as offers on multi-year supplies.  Coal offers have been asked on an FOB mine basis, while petcoke offers generally are accepted on a plant-delivered basis. Specific coal supply origins targ...

Cement makers eye booming Dubai market

04 June 2004, Published under Cement News

Pakistani cement makers are gearing up to tap the booming construction market in Dubai and other Gulf countries where cement prices have shot up over 100 percent in the last one month on account of high demand, industrialists have said. Cement producers could earn up to $50 per ton profit if they are able to export to Dubai and its related markets, analysts said. Cement prices in Dubai have soared to a record 26.50 UAE dirham per 50-kg bag in May, up over 100 percent in April. Industry of...

Luzon cement prices hit record

04 June 2004, Published under Cement News

Retail prices of cement in northern Luzon,  Philippines went as high as R170 per bag (42.5kg), the highest since the  imposition of definitive safeguard duty, due to the shortage of supply  caused by the simultaneous shutdown of two big cement plants in the area two  weeks ago - reports the Manila Bulletin. Based on the monitoring of the Department of Trade and Industry, prices of  cement in Regions 1, 2, 3 and the Cordillera Autonomous Region were on the  rise because of the defective ki...

Call to curb soaring cement prices

01 June 2004, Published under Cement News

UAE Contractors Association (UCA) has urged the government to intervene by fixing the prices of cement manufactured by local companies. In response to the current situation, the UCA is also helping leading contractors in setting up a building materials company with a capital base of Dh100 million to cap the flare-up in building material prices, said Dr Ahmed Saif Belhasa, UCA chairman. "We believe in the open market economy. But no one should be allowed to take unfair advantage of the sit...