Cement News tagged under: Trading
Cement exports from Pakistan drops due to COVID-19 in 10MFY2028 May 2020, Published under Cement NewsThe Federal Bureau of Statistics (FBS) of Pakistan has released cement export data for the 10 months of July 2019 to April 2020. It visibly carries the impact of coronavirus on the cement industry in the country. Pakistan's cement industry has earned export revenue of US$223.20m by exporting 5.949Mt of cement and clinker in 10MFY19-20, compared to US$243.12m from 5.738Mt of exports in the year-ago period. This represents a 8.2 per cent decline in terms of value in dollars, but adds a grow... |
IRClass cement carrier launches in China28 May 2020, Published under Cement NewsA cement carrier under construction at Penglai Zhongbai Jinglu Ship Industry Co Ltd, China, was successfully launched on 30 March 2020. The vessel, called ‘Advaita’, has been built under the classification of Indian Register of Shipping (IRClass). IRClass surveyors braved the constantly-changing scenario of both global and local restrictions due to COVID-19 and immense challenges including movement of manpower, to ensure the float happened as scheduled. Advaita, is approximately 160m long,... |
Uzbekistan resumes cement imports26 May 2020, Published under Cement NewsUzbekistan has resumed the import of cement after the goverment’s 22 May resolution, reports Central Asia News. On 23 April the country had temporarily suspended the import of cement due to the coronavirus pandemic. The measure was put in place to support domestic producers following a decline in demand as construction activity was halted. |
Georgian producers seek support to stop cement dumping19 May 2020, Published under Cement NewsGeorgian cement producers have called for government support regarding the influx of cement imports into the country. The country’s producers stated that Turkey is a significant contributor of imports, since it produces a large amount of building materials that are not domestically needed in such quantities. The state therefore gives its producers the opportunity to sell exports below market value, with Turkish cement in the Georgian market reportedly 30-40 per cent cheaper than market va... |
Indonesian clinker exports up but cement exports contract14 May 2020, Published under Cement NewsIndonesian cement producers have seen a 4.7 per cent uptick in clinker exports to 568,819t in April 2020 when compared with clinker export sales of 543,441t reported in April 2019, according to the country’s cement association, ASI. However, cement exports plummeted to 19,300t in April 2020, representing an 83.2 per cent drop when compared with April 2019, when 115,052t of cement was exported from Indonesia. As a result, total cement and clinker exports in April 2020 were down by 10.7 ... |
Pandemic to seriously affect global cement trade08 May 2020, Published under Cement NewsAt Cemtech's live webinar on the 'seaborne trade of cement and clinker' this week, Ad Ligthart of Cement Distribution Consultants, gave a sobering outlook on global trade in response to COVID-19 and the many government lockdowns that have been implemented worldwide. "Seaborne trade of cement and clinker will be seriously affected," said Mr Ligthart, adding: "There will be a global reduction in cement consumption and the result of that for seaborne trade and distribution is that the drop w... |
Uzbekistan set to temporarily suspend cement imports27 April 2020, Published under Cement NewsForeign trade restrictions are expected to be introduced in Uzbekistan from 1 May 2020, as a reaction to the economic consequences of the COVID-19 pandemic, according to Uzbekistan Daily. As a result, from 1 May to 31 December 2020 the export of raw materials for the production of medical products and the import of cement products are going to be temporarily suspended. The country has recently seen a sharp drop in cement demand due to work at many construction sites having stopped. How... |
Indonesian March exports: cement falls, clinker up23 April 2020, Published under Cement NewsExports of cement from Indonesia have fallen by 49.8 per cent YoY to 55,769t in March 2020 when compared with March 2019 when cement exports reached 111,065t, according to data released by ASI, the country’s cement association. However, clinker exports were reported to have seen a 12.6 per cent YoY increase to 512,192t in March 2020 from 454,877t in March 2019. Total exports remained stable at 569,961t in March 2020 when compared with 565,942t in March 2019. First quarter of 2020 In ... |
Coronavirus impacts Pakistani cement trade21 April 2020, Published under Cement NewsThe exports of clinker and cement from Pakistan to Afghanistan, Bangladesh, Sri Lanka and rest of the world have been impacted by the lockdown, curfew and other measures to stop the spread of the coronavirus in these countries. This was disclosed by Irfan Amanullah, senior general manager, Attock Cement Pakistan Ltd (ACPL), during a presentation of Cement Sector Outlook, organised by BMA Capital in Karachi. He attributed the disruption due to a number of reasons and said no exports were be... |
Kazakhstan bans cement imports21 April 2020, Published under Cement NewsKazakhstan’s Acting Minister of Industry and Infrastructure Development has signed an order on the regulation of cement imports. The order introduces a ban on the import on certain types of cement from countries outside the Eurasian Economic Union for a period of six months with effect from 16 April, according to Kazakhstan Newsline. |