Cement News tagged under: Trading
Lebanon to allow cement imports by individuals22 February 2021, Published under Cement NewsLebanon’s outgoing Minister of Industry, Imad Hoballah, indicated that the country would allow individuals to import cement to lower the price of cement. Cement prices have risen from LBP240,000/t (US$159.20/t) to LBP1.3m/t following the total closure of the country, including its cement plants, between 14 January-7 February. Imported cement must meet specific technical criteria and be cheaper than LBP240,000/t. However, no decisions have been made in terms of volumes as the ministry wants ... |
Southern Cement ships 3Mt of cement through Ipswich10 February 2021, Published under Cement NewsSouthern Cement has reached the 3Mt milestone as general cargo vessel MV Arklow Raider arrived from Bilbao into the port of Ipswich, UK, with 4600t of cement. The cement company started using the port in 2002. Dean Wessels, operations manager at Southern Cement, said: “We are delighted to reach the milestone of 3Mt of cement through our operation at Ipswich. We could not have achieved this without the commitment of our employees and business partners. Our relationship with ABP has allowed ... |
CEMBUREAU reacts to Carbon Border Mechanism vote08 February 2021, Published under Cement NewsC EMBUREAU , the European Cement Association, has reacted to the adoption of the European Parliament’s Environment Committee report on Carbon Border Adjustment Mechanisms (CBAM). “A CBAM is a useful tool to address the imports of products not subject to similar carbon constraints in the European Union and therewith mitigates the carbon leakage risk allowing the European cement industry to deliver low-carbon investments. The Environment Committee's report highlights some key points in this... |
Ugandan exports to DR Congo up 30% in 2019-2001 February 2021, Published under Cement NewsExports of cement from Uganda to the Democratic Republic of Congo (DRC) have increased by 27,000t in the last two years, according to Israel Tinkasimire, Hima Cement’s commercial director. The increase represents a 30 per cent expansion and has created an alternative market for Ugandan cement companies since Rwanda considerably reduced its intake of Ugandan cement in February 2019, when Kigali closed the country’s borders. Cement exports in the FY19-20 declined to US$59.9m compared to US$6... |
Pakistani cement exports fall 9% in December18 January 2021, Published under Cement NewsCement exports from Pakistan saw an 8.6 per cent YoY decline to US$19.253m in December when compared with US$21 in December 2019, according to the Pakistan Bureau of Statistics attributed this drop to the closure of ports, lower trade activity on the Pakistan-Afghanistan border and lower demand from international buyers as a result of the coronavirus pandemic. MoM cement exports were up 6.2 per cent when compared with US$18.129m in November 2020. Export volumes increased 19 per cent MoM ... |
Pakistani cement producers increase output18 January 2021, Published under Cement NewsThe output of Pakistan's large-scale manufacturing industries (LSMIs), including cement production, witnessed an increase of 14.5 per cent YoY in November 2020, and of 7.4 per cent YoY in 5MFY20-21, according to Pakistan's Federal Bureau of Statistics. Pakistani cement production increased by 21.3 per cent YoY to 20.442Mt in July-November 2020 from 16.852Mt in the same period last year. The rising trend was also witnessed in November 2020, when production significantly rose by 13 per ... |
Ukrainian court dismisses claim to cancel anti-dumping duties14 January 2021, Published under Cement NewsUkraine’s District Administrative Court of Kyiv has reportedly dismissed the claim of the managing company of Belarusian Cement Co and its local importers regarding the cancellation of anti-dumping duties on cement imports into Ukraine, established by the Interdepartmental Commission on International Trade in May 2019. The news was reported by the Ilyashev & Partners Law Firm, which represents the interests of third parties in the case. "The court recognised the need to protect the violated... |
PT Semen Padang exports 1.5Mt in 202008 January 2021, Published under Cement NewsIndonesia’s PT Semen Padang has announced it exported more than 1.5Mt of cement and clinker to various destinations during 2020, including Bangladesh, China, Malaysia, Myanmar, the Philippines, Australia, Maldives and Sri Lanka. The most clinker exports were sent to Bangladesh, Myanmar, China, Malaysia and the Philippines. The majority of cement exports were dispatched to Australia, Maldives and Sri Lanka. Total cement exports reached 200,000t and clinker 1.35Mt. The company also expec... |
A promising start to the new year in Pakistan05 January 2021, Published under Cement NewsThe cement industry in Pakistan kicked off the FY20-21 on an exciting note. During the first six months of the current fiscal year, total cement dispatches grew by 15.7 per cent, from 24.751Mt in July-December 2019, to 28.628Mt in July-December 2020. Local dispatches have increased by 15.9 per cent in July-December 2020 to 23.61Mt from 20.373Mt in July-December 2019. Exports also increased from 4.377Mt in July-December 2019 to 5.017Mt in July-December 2020, showing a growth of 14.6 per cent.... |
Philippine Tariff Commission questions DTI's October import duty rise30 December 2020, Published under Cement NewsThe Tariff Commission, in the Philippines, has questioned the decision of the Department of Trade and Industry (DTI) to increase the definitive safeguard duty on imported cement by PHP0.80 to PHP9.80/40kg bag (US$0.016-0.23/40kg bag) starting in October 2020. Ernesto Albano said the three-year schedule of safeguard tariff implementation should be followed according to the law. The safeguard tariff was supposed to drop from PHP10/40kg bag in the first year of implementation to PHP9/bag in ... |