Cement News tagged under: Trading
Lebanese cement plants exports to Iraq?10 May 2004, Published under Cement NewsLeading Lebanese cement companies are expected to increase their exports the promising Iraqi market this year despite the security deterioration in some parts of the country. Firms from Lebanon were reportedly responsible for the export of more than 600,000t of cement to Iraq in 2003 and in 2004 this figure is expected to jump to more than 1.5Mt. "Iraq is a promising market for cement companies that have seen a drop in business over the past few years," Pierre Doumet, the chairman of Cim... |
Gambling on more cement10 May 2004, Published under Cement NewsA shortage of cement is leaving many in the construction industry concerned that it could slow down Southern Nevada’s explosive growth. Just since January, local ready mix companies are reporting that the price per ton for cement powder has been increased twice, with another increase expected June 1. Ready mix companies in Nevada have now been put on an allocation schedule for cement. "I’ve been in this business for twenty-seven years and I have never seen anything like this," says Bob Alban... |
UAE cement demand booming06 May 2004, Published under Cement NewsThe UAE industry is trying hard to fight the upsurge in demand with the production capacity working at the optimum level. Demand for the cement in next few years is expected to surpass 10Mt. Shyam A. Bhatia, Managing Director, Alam Traders, said: "Current production capacity in UAE is approximately 8Mt, out of which 5Mtis used in domestic and approximately 3Mt was earmarked for exports, this was the situation till 2002. However the scenario has now changed drastically and it can be est... |
Vietnamese prices06 May 2004, Published under Cement NewsDomestic producers are expected to make 23.7Mt of cement in 2004. Cement prices at major retailers in Hanoi inreased by VND10,000-20,000 per ton to VND740,000 for Bim Son brand and VND780,000 for Hoang Thach brand, Vietnam¹s two most popular cements. Cement retailers have raised prices concurrent with the escalation of demand in the market place, said VCA¹s president Nguyen Van Thien. He said however, VCA members will hold the wholesale prices at least for the two months as cement stocks ... |
Cement prices are on the rise06 May 2004, Published under Cement NewsMANAMA: Prices of construction materials are rising sharply in Bahrein, Entrepreneurs Association member Abdulwahed Al Ferdan told local newspaper Akhbar Al Khaleej. The price of one 50kg sack of cement rose by 250 fils. A stock of 100 bricks is being priced at BD21, up from BD19. The price of precast reached BD8.500, up from BD7, whereas steel is being sold at BD245 a tonne, instead of BD125 only a few days ago. No such trend is witnessed in the other GCC countries, where prices of constr... |
IMF wants cement levy05 May 2004, Published under Cement NewsISLAMABAD: International Monetary Fund (IMF) has proposed the levy of 15 percent sales tax on cement blocks and bricks, the primary raw materials for construction industry in Pakistan. Official sources disclosed that IMF has asked the government of Pakistan to levy 15 percent sales tax on cement blocks and bricks in the next financial budget 2004-05 to meet the already agreed conditions of IMF programme. |
Egyptian National Cement04 May 2004, Published under Cement NewsNational Cement’s clinker output rose 2.74 per cent year-on-year to 2,148,184t, while cement production grew 8.5 per cent to 2,101,771t. Cement sales reached 2,079,997t, up 9.7 per cent year-on-year. The company exported 531,316t of cement for US$13.3m and 190,639t of clinker for US$3.7m. All figures are for the first nine months of 2003/04, compared to the same period of 2002/03. |
Consumers complain over price hikes04 May 2004, Published under Cement NewsMonrovia, Liberia: Following reports of hike in the price of cement, some consumers have blamed dealers in Monrovia and its environs for allegedly creating artificial scarcity of the product. Over the weekend, some consumers alleged that dealers were buying large quantity of cement to create artificial scarcity and price hike. Consumers alleged that cement dealers at Duala, Gardnesville, Paynesville and other locations were selling a 50kg bag of cement at US$7.00. The Ministry of Commerce h... |
Cement to Sri Lanka04 May 2004, Published under Cement NewsMore than 3000 tonnes of cement is now being loaded in two ships at the Nagapattinam port, India for export to Sri Lanka. Official sources told The Hindu that about 2050 tonnes of cement was exported from the port to Sri Lanka in Feburary this year after a gap of nearly 15 years. This is the second shipment from the port to the island nation. The two cargo ships would leave in a few days for Colombo. |
Concrete shortage in southern Florida04 May 2004, Published under Cement NewsMiami: With news of the local Tammac ready-mix plant burning down a couple weeks ago and another plant in central northern Florida out of action and Rinker the leading domestic supplier in South Florida reportedly shutting down their plant May 10th for overdue programed maintenance, ready-mix concrete supply is said to be extremely tight with shortfalls of over 50,000 cu.m a day now prevalent. Such shortages may continue until late summer, with supplies affected by both a lack of ready-mi... |