Cement News tagged under: Trading
Will Turkish cement exports come under pressure?17 July 2020, Published under Cement NewsAs the second-largest cement exporter after Vietnam, Turkey's cement industry has for many years exported its surplus around the world. However, analysts anticipate Turkish trade to contract due to COVID-19 as the pandemic affects trans-Atlantic exports to the US, as well as other countries where anti-dumping measures increase in response to local surpluses - most recently Georgia . However, this week's news indicates that Turkish cement exporters have found ways to boost their sales, at le... |
Uzbekistan cement prices fall17 July 2020, Published under Cement NewsAt the last auction of the Uzbek National Commodity and Raw Materials Exchange on 29 June, the average weighted cost fell 4.9 per cent from UZS792,000/t (US$77.71/t) to UZS754,000/t, according to the UzEX press service. Between January and June 2020, the average price of all cement brands on the exchange advanced 59 per cent from UZS499,000/t to UZS792,000/t as the construction season got underway in May. A reduction of volumes offered by sellers and a threefold increase in cement imports... |
Turkish cement exports to France rise by 9% in 1H2014 July 2020, Published under Cement NewsIn June 2020 the export of Turkish cement to France increased by 65.6 per cent YoY, representing a value of US$12.9m, according to the Turkish Ministry of Trade. Total cement exports from Turkey in June advanced 37.4 per cent to US$343.1m when compared with June 2019. January-June 2020 In January-June 2020 Turkish cement exports to France increased 8.9 per cent YoY to US$61.6m, reported Trend News Agency. |
Uzbekistan to simplify cement imports10 July 2020, Published under Cement NewsThe Antimonopoly Committee of Uzbekistan intends to simplify the imports of cement. Domestic cement shortages , due to a pick-up in construction works and a fall in imports, have seen the cement price increase by 59 per cent, according to Esmerk CIS News. The Uzbek government has instructed the Antimonopoly Committee, the Uzstandart agency, the State Customs Committee, and the Uzpromstroymaterialy Association to develop a draft document to increase the supply of cement to the domestic mark... |
DG Khan Cement wins export orders from the Philippines09 July 2020, Published under Cement NewsDG Khan Cement Company Ltd has procured cement export orders from the Philippines. The order was confirmed by a Pakistan government adviser. "Congratulations to DG Khan Cement for making a breakthrough in winning orders for export of cement to the Philippines. This follows on their success in China," said Adviser to Prime Minister on Commerce, Abdul Razak Dawood, in a tweet on Wednesday. "Once market reach extends, then market share will increase. Increasing geographical diversification i... |
Cement exports from Bangladesh record a 12% fall in FY19-2008 July 2020, Published under Cement NewsBangladesh's cement industry has earned export revenue of US$9.14m in the FY19-20 (July 2019-June 2020), compared to US$10.41m bagged in 12MFY18-19, a significant contraction of 12.2 per cent YoY. The export figure also includes a minor amount of salt, stone and related products, says data of Bangladesh Export Promotion Bureau (EPB). The export value for cement decreased by -13 per cent, underperforming when compared with the FY19-20 government target.The EPB had set a lower export target f... |
Pakistan cement records a 2% uptick in dispatches in FY2007 July 2020, Published under Cement NewsPakistan’s cement industry during the FY19-20 (July 2019-June 2020) recorded a rise of two per cent to 47.81Mt in total cement dispatches from 46.88Mt in FY18-19. All Pakistan Cement Manufacturers Association (APCMA) attributed this growth to the strengthening of higher export growth, which reached 19.8 per cent with exports surpassing the 7Mt mark after a long time. However, the domestic consumption contracted by almost one per cent during this fiscal year, the first such decline in the las... |
Egyptian cement exports decline by 32% Jan-May 202002 July 2020, Published under Cement NewsEgyptian cement exports declined by roughly 32 per cent during the first five months of 2020 to US$47m, compared to US$68m during the same period in 2019. Egypt exported cement in the 5M20 to about 51 countries, including 18 countries who had not imported Egyptian cement in the same quarter in 2019, reports Egypt Today. |
Israel's Economy Minister seeks higher import tariff22 June 2020, Published under Cement NewsIsrael’s Minister of Economy, Amir Peretz, announced on Friday that he intended to raise the tariff on imported cement from 0.25 per cent to 17.25 per cent, according to The Times of Israel. However, the motion was blocked by the Finance Minister, who must approve the move. Mr Peretz explained his intentions by noting that cement was being sold to Israel at dumping prices, which are harming the local industry. The low prices had also not brought down housing costs. Nesher, Israel’s mai... |
PPC: Zimbabwe cement sector needs support19 June 2020, Published under Cement NewsZimbabwe’s largest cement producer, PPC Zimbabwe, has called for urgent measures to protect the domestic cement industry from cement imports. Despite having adequate capacity to supply the local market, Zimbabwe remains a destination for cheap and substandard cement products, which are finding their way through the country’s borders as well as via smuggling, according to PPC Zimbabwe Managing Director, Mr Kelibone Masiyane, in The Herald. Mr Masiyane went on to say that the local cement ... |