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Vietnam to import 5Mt of clinker in 2005

11 January 2005, Published under Cement News

Vietnam expects to import about 5Mt of clinker this year, up 11 per cent on year, to meet the increasing demand from domestic plants, an industry executive said Tuesday.   "We expect a total domestic demand of 28Mt of cement this year, up from 26Mt last year, therefore (we) will need to import more clinker this year," said the state-owned Vietnam Cement Corp executive, who didn’t want to be named.  Government figures show that the country produced 25.3Mt of cement last year, up 8.8 per cent o...

Govt to open up cement market

11 January 2005, Published under Cement News

The Transitional Government of Liberia has opened the cement market to all business people with the capacity to import the product for local consumption. Commerce and Industry Minister Samuel Wlue told local reporters at the weekend.  The decision comes amidst the constant shortage of cement on the market, especially at a time when the demand to reconstruct the war-ravaged structures is high.  According to Minister Wlue, the cement market is now opened to all for as long as necessary.  P...

Growth in cement export demand in Pakistan

11 January 2005, Published under Cement News

Rapid growth in cement demand in Afghanistan, Bangladesh, Dubai, Sri Lanka, Indonesia, Malaysia and Thailand has ignited a new zeal and spirit in Pakistan’s cement sector which is currently busy in expansion of production capacity from existing 18Mt to 28Mt per annum. Informed sources say, so far the major portion of the cake, 98 per cent of the exports, is enjoyed by the cement units located in Northern Zone of the country due to its close vicinity to Afghanistan.  The cement units locat...

Vietnam lowers import tariffs on clinker

06 January 2005, Published under Cement News

Vietnam has just slashed the tariff on clinker imported from non-ASEAN (the Association of Southeast Asian Nations) countries to 10 per cent from 25 per cent. Vietnam is predicted to import around 6Mt of cement this year, mainly due to low production capacity of local cement companies, the Vietnam National Cement Corporation said, noting that it imported nearly 3Mt of clinker, mainly from Thailand in 2004. 

Cement price goes up again

31 December 2004, Published under Cement News

Zimbabwe’s cement manufacturers have hiked prices by 28 per cent, a fourth increase this year alone which is likely to deal a hammer blow to the country’s tottering construction industry.  A survey by The Property Gazette revealed that the price of the most common type of cement, PC15, had increased from $42,000 in October to $54,000 this month.  The new price represents an 80 per cent increase from the January 2004 prices. Construction Industry Federation of Zimbabwe president Gilber...

Cement prices to go up in January

31 December 2004, Published under Cement News

In January, Indian retail cement prices are set to increase by Rs 5-10 per 50 kg bag across the country following a surge in construction activity.  The rise may be the sharpest in Mumbai, the largest cement market in the country. A leading cement stockist in the city said, "The pickup in December has been very good and therefore prices are likely to move up in the first week of the new year." Currently, retail price of a 50kg bag in Mumbai is Rs172, while the wholesale price is Rs154-155. ...

New coal allocation

31 December 2004, Published under Cement News

The Indian Ministry of Coal has allotted coal linkage of 84Mt for the power sector for January-March 2005 period which is 10Mt more compared to the corresponding period in the previous fiscal. The ministry has also allotted 4.35Mt for the cement industry for the fourth quarter of the current fiscal. The short-term coal linkage for the quarter was approved by the Standing Linkage Committee (SLC) headed by Pradeep Kumar, additional secretary, coal, last week. According to officials, arou...

Kuwait tries to ensure smooth cargo movements to Iraq

30 December 2004, Published under Cement News

The Kuwaiti Public Ports Authority (PPA) has recently held a meeting to discuss ways to ensure a smooth movement of coalition forces’ goods to Iraq, the Arab Times reported on Thursday.  The PPA’s General Manager Sheikh Sabah Jaber Al-Ali Al-Sabah was quoted as saying the meeting came upon a request from the coalition forces to use Kuwaiti ports to transfer goods that are necessary for replenishing the forces and equipment in Iraq, especially limestone, cement and construction materials, sai...

Vietnam’s market forecast stable in 2005

30 December 2004, Published under Cement News

The offices, included the Ministry of Trade’s market steering department, the State Bank of Vietnam, the Ministries of Planning and Investment, Finance, Industry and others released the overview of the nation’s economic potential for next year.  Experts have suggested that the government should cut clinker import taxes from non-ASEAN nations from 25 to 10 per cent, and approve the price road map submitted to the government by the Vietnam Cement Businesses Association.

Antidumping Duty Administrative Review

30 December 2004, Published under Cement News

On June 22, 2004, the Department of Commerce published the preliminary results of administrative review of the antidumping duty order on gray portland cement and clinker from Mexico. The review covers one manufacturer/exporter, Cemex and its affiliate, GCC Cemento, SA The period of review is August 1, 2002, through July 31, 2003. We determine that the following weighted-average margin exists for the collapsed parties, CEMEX and GCCC, for the period August 1, 2002, through July 31, 2003: ...