Cement News tagged under: Trading
Dangote allowed to resume overland exports11 November 2020, Published under Cement NewsNigeria’s government has allowed Dangote Cement to resume exports across the country’s land borders, reports Bloomberg. The step has raised expectations that the country may be opening up trade with its neighbours again. Land borders have been closed for over one year as authorities curbed smuggling and wanted to boost local production. While it encouraged the consumption of locally-grown produce such as rice, factories across west Africa have been impacted by the closure. The regime of ... |
Cem'In'EU speaks out on Carbon Border Adjustment Mechanism05 November 2020, Published under Cement NewsCem'In'EU, a French industrial start-up committed to produce a low-carbon cement, calls upon the European Commission to design a well-fitted Carbon Border Adjustment Mechanism (CBAM) that will not be distorted into a protectionist tool for highly-polluting industries. "During the ETS III, the cement industry has received a windfall profit EUR3.5bn, of which none have been invested to modernise the European assets and decrease the CO 2 emissions," said Vincent Lefebvre, president and f... |
Pakistan records 33% growth in October cement dispatches03 November 2020, Published under Cement NewsPakistan's domestic and overseas cement dispatches figures for October 2020 are officially yet to be released by the All Pakistan Cement Manufacturer Association (APCMA), but Lucky Cement Ltd's CEO, Mohammad Ali Tabba, has estimated a record growth to 5.7Mt, increasing from 4.4Mt in September 2020. The MoM rise of 29.5 per cent in dispatches in October was possible due to the increase in domestic and export demand as well as the speedy momentum in Pakistan's economy. During an intervi... |
US claims 18% of Turkey's cement exports in the 9M2003 November 2020, Published under Cement NewsThe USA represented an 18 per cent share of Turkish cement exports during the first nine months of the year, the largest share amongst the export destinations, according to the Turkish Statistical Institute (TurkStat). In total, Turkey exported US$118.3bn worth of goods during the period in question. Around TRY7.7bn (US$923m) of this was made by the cement industry. In the January-September period, the value of cement exports to the US reached US$164m, followed by Israel (US$103.7m) an... |
US claims 18% of Turkey's cement exports in the 9M2003 November 2020, Published under Cement NewsThe USA represented an 18 per cent share of Turkish cement exports during the first nine months of the year, the largest share amongst the export destinations, according to the Turkish Statistical Institute (TurkStat). In total, Turkey exported US$118.3bn worth of goods during the period in question. Around TRY7.7bn (US$923m) of this was made by the cement industry. In the January-September period, the value of cement exports to the US reached US$164m, followed by Israel (US$103.7m) an... |
Algeria exports to Dominican Republic03 November 2020, Published under Cement NewsAlgeria-based Société des Ciments de Aïn El Kebira (SCAEK), part of the GICA Group, has exported 40,000t of clinker to the Dominican Republic, reports L’Expression. GICA has exported some 550,000t of clinker since the start of the year to African and South American countries, including Senegal, Côte d’Ivoire, Guinea, Peru and Brazil, according to GICA. |
National Cement starts supplying Rwandan market02 November 2020, Published under Cement NewsNational Cement of Kenya has introduced its Simba brand into the Rwandan cement market having seen strong demand for infrastructure in the country, including a new airport in Bugesera. The Kenyan producer is supplying cement importers from its recently-opened Nakuru plant, which is approximately 500km from the Rwandan border. "The Rwandan market is one of the fastest growing economies in Africa. Since the government of Rwanda is implementing and supporting several projects, the shor... |
Vietnam's export volumes fall 5% in October02 November 2020, Published under Cement NewsVietnam is estimated to have exported 3.2Mt of cement and clinker worth US$126m in October, down 4.8 per cent in volume and five per cent in value YoY, according to the General Statistics Office data released on 29 October. In the first 10 months of 2020, the country is estimated to have exported 31.45Mt of cement and clinker at a value of US$1.17bn, up 18.2 per in volume and 5.6 per cent in value. |
Tajikistan exports 31% of production in 9M2028 October 2020, Published under Cement NewsTajikistan exported 990,000t of cement in the January-September period of 2020, according to the country’s Ministry of Industry and New Technologies. Around 31 per cent of the cement produced in the country was exported in the 9M20, mainly to Uzbekistan (562,000t), Afghanistan (391,000t) and Kyrgyzstan (43,000t). Three Tajik-Chinese joint ventures accounted for 82 per cent of cement production in the nine-month period. This included Huaxin Gayur Cement (27.1 per cent), Chzungtsai Mohir... |
CeMAP appeals the reduction of import safeguard duty27 October 2020, Published under Cement NewsThe Cement Manufacturers Association of the Philippines (CeMAP) has submitted an appeal to the Department of Trade and Industry (DTI), asking it to postpone the reduction of the PHP10/bag (US$0.21) safeguard duty and instead raise it to PHP12/bag. Under a DTI order made on 27 August 2019, the PHP10/bag definitive safeguard measure on imported cement from specific countries will decrease by PHP1/bag each year until the third year. Therefore, the duty was due to go down to PHP9/bag by 22 No... |