Cement News tagged under: Trading
Indian cement prices may rise30 June 2004, Published under Cement NewsLocal cement companies are looking at hiking the price of a 50kg bag by Rs 5 from July 1 on account of a rise in coal prices and increased freight rates. Although cement majors Gujarat Ambuja Cement, Grasim Industries, ACC and Larsen & Toubro have not formally announced the rise in price, industry sources said cement stockists have been intimated about the move. However, the exact quantum of the price hike will be worked out on the basis of area and demand. "Cement companies will not be ab... |
The view from Kuwait30 June 2004, Published under Cement NewsMost Kuwaitis supported the war of liberating Iraq from the regime of Saddam Hussein. However, in the aftermath of the Abu Ghraib prison scandal and the general American confusion in Iraq after its military victory, a split has developed in public opinion here. Some are demanding a swift end to the US occupation; some doubt American intentions in Iraq. Yet trade between Iraq and Kuwait is ongoing. Kuwaiti traders are making sizeable profits exporting materials to be used in Iraq’s reconstruc... |
Cement vessel seized23 June 2004, Published under Cement NewsBangladesh: District detective branch of police seized a cargo vessel MV Shamin with large quantity of cement of Indian origin near Tarabo Ghat under Rupganj police station yesterday morning. The police also arrested four employees. Acting on a tip-off, a squad of DB police challenged while the Indian "Ambuja" brand of cement was being unloaded. As the vessel’s people failed show any valid papers of importing cement, the DB personnel seized it and arrested four persons. Later in the afternoon... |
Cement Production up in Ukraine18 June 2004, Published under Cement NewsIn May, cement production rose by 14.2% or 139,000 tons compared with April. In January-May, cement production rose by 34% or 933,000 tons compared with January-May 2003, to give a total output of 3,673,000 tons. More than 15 enterprises produce cement in Ukraine, and their total annual capacity is more than 20Mt. |
Gambling on more cement18 June 2004, Published under Cement NewsA report in the Las Vegas Sun newspaper suggests that the cement shortage that has affected different regions of the United States, including Southern Nevada, may abate slightly later this year. But local industry experts wonder whether the shortage will ease in Las Vegas and said continued price increases in cement, steel, and wood are beginning to add up. Signs of greater international shipping availability heighten the potential for cement imports to increase to some regions later this... |
Cement Sales in Cyprus17 June 2004, Published under Cement NewsCement sales in Cyprus accounted for 138,000 tonnes in May 2004, rising by 19.1 pct year-on-year and by 10 pct month-on-month, according to data provided by the island’s National Statistics Service, published on June 16, 2004. Cement exports stood at 15,000 tonnes in May 2004. A total of 610,231 tonnes of cement was sold in the first five months of 2004 compared to 513,542 tonnes in the same period of 2003. Representatives of the sector expect a shortage of cement to threaten the local cons... |
Higher fuel prices17 June 2004, Published under Cement NewsIndian cement companies are gearing up for a price increase following the hike in domestic coal prices. While companies are still working out the price increase for various grades of coke, industry observers say that the impact is significant and coupled with the likely increase in freight rates on account of the hike in petroleum prices, a price hike in cement has become imminent. ACC, the manufacturer with the largest installed capacity, will see input prices going up by Rs 5 per bag. ... |
Japan cement importer incurs P37.8 million in unpaid duties16 June 2004, Published under Cement NewsA Japanese cement importer who had questioned the Department of Trade and Industry’s decision to impose safeguard duties on imported cement before the Supreme Court has accumulated a total of P37.8m in unpaid duties and value-added taxes covering shipments from December 2001 to July 2003, Customs papers showed. Southern Cross Cement Corp. earlier refused to pay safeguard duties, arguing that its petition was still pending before the high tribunal. Documents indicated that Southern Ce... |
Egypt export sales15 June 2004, Published under Cement NewsEgypt ranked second among cement exporters to Spain in 2003 with about 1.441Mt, it was reported on June 13, 2004. Egypt was preceded only by Turkey and was followed by Greece, Saudi Arabia, Japan and Romania. The country also ranked sixth in terms of marble exports after Italy, Turkey, Portugal, Greece and India with exports of about 5Mt. Egypt was fifth among the world’s cement exporters in 2003 with exports totalling 7.4Mt. The country was preceded by Thailand, Turkey, Indonesia and Japan... |
Markets struggle15 June 2004, Published under Cement NewsWhile the first figures on the effects of Chinese government credit restriction measures are published showing a very light decrease of their industrial output, dry bulk markets are again badly suffering from a bearish trend and this time with no exception. The Cape market was particularly slow this week with little to report but always below previous levels. Panamaxes are struggling hard to find employment in the Atlantic while the Pacific hardly maintained last week situation. Handymaxes a... |