Cement News tagged under: Trading
No coronavirus impact on cement revenue in 9MFY20 but March data dispersed in Pakistan20 April 2020, Published under Cement NewsThe Federal Bureau of Statistics of Pakistan has released cement export data for the nine-month period of July 2019-March 2020 (9MFY19-20). It carries more or less same trend of eight months and does not show any significant impact on overseas dispatches amid the spread of coronavirus in country. However, exports in March 2020 show a contraction due to the lockdown during the latter half of the month, which continues. Pakistan’s cement industry has earned an export revenues of US$210.07m ... |
Cement exports from Bangladesh dip in 9MFY19-2016 April 2020, Published under Cement NewsBangladesh's government saw a modest fall of more than six per cent in total export during the first nine months of the FY19-20 as the initial impacts of coronavirus began to impact business, but fortunately overseas cement dispatches were only slightly down, according to data released by Bangladesh Export Promotion Bureau (EPB). However, Bangladeshi economist Mohammad Shahjahan Siddiqui has cautioned through local media that there will be a serious impact of coronavirus in the country's ... |
Turkish exports boom in first quarter, but slowdown expected10 April 2020, Published under Cement NewsTurkey’s cement sector exports increased by 54 per cent in the first three months of 2020, according to a statement by the Turkish Cement Manufacturers' Association (TÇMB). The association has released data on the sector’s March-end export figures and the production figures from January. Accordingly, the Turkish cement sector’s production increased by 31 per cent in January, reaching 3.6Mt. In the first month of the year, the domestic sales of the cement sector increased by 16.8 per... |
Offloading of clinker continues at Chittagong Port in Bangladesh10 April 2020, Published under Cement NewsOffloading of imported raw materials for the cement industry continues at the Chittagong Port of Bangladesh (CPA), even as the port suffers container storage congestion. According to the CPA, 22 vessels are currently at outer anchorage at the port, each laden with more than 45,000t to 50,000t of clinker, while seven of them are unloading cargoes and able to work without interruption. Vessel crew are being checked as per health and safety guidelines set by the port authorities. The other ... |
CABC report calls for Canada and USA to keep border open to cement trade09 April 2020, Published under Cement NewsThe Canadian American Business Council's (CABC) latest report on Canada/US cross-border trade calls for governments in north America to open border trade to cement and other building materials during the COVID-19 crisis to keep some liquidity in the economy. "If we don't keep this backbone of the economy going, we are going to extend the time the recovery will take, policy-makers are getting that," said Steve Morrissey, executive vice-president of the Cement Association of Canada, a member ... |
Exports from Vietnam decline due COVID-19 pandemic06 April 2020, Published under Cement NewsVietnam exported 7.5Mt of cement and clinker, to a value of US$291m, in the first quarter of this year, said the Ministry of Industry and Trade. The lower volume has been attributed to the coronavirus pandemic. Total exports fell by nearly 40 per cent in volume while the value declined by 20 per cent when compared with the year-ago period, when the country exported 12Mt with a value of US$360m. In 2019, Vietnam exported 33.8Mt of cement and clinker, earning just under US$4bn. Earlier thi... |
Armenia set to extend import duty on cement27 March 2020, Published under Cement NewsArmenia’s National Assembly passed at the first reading the amendments to extend the validity of the state duty set on cement imports until 31 December 2020. The country has imposed a AMD14,000/t duty on cement imports from Iran and other countries since it ratified the legislation on 3 June 2019, a law that expires on 1 April 2020. "Over a period between July and December, the volumes of cement imported from Iran have shrunk, that is, 19.2t of cement were imported in one month of 2018, wh... |
Azerbaijan’s Gazakh Cement to increase exports in 202025 March 2020, Published under Cement NewsGazakh Cement Plant plans to significantly increase export sales from Azerbaijan to neighbouring countries such as Georgia in 2020, according to Trend. "Last year, the plant established clinker exports to Georgia, and this year we plan to significantly increase the total volume of exports. In 2019, export volumes in this direction amounted to over 1000t of clinker and cement," Trend’s source said. "At the moment, we are in search of partners among the countries of the region. We are consid... |
Clinker imports into Bangladesh up 4%23 March 2020, Published under Cement NewsThe import of clinker into Bangladesh has increased by 3.6 per cent in the first seven months of the FY19-20, according to data released by the Central Bank of Bangladesh. Clinker volumes to a value of US$554.8m were imported during this period, a significant increase when compared with 7MFY18-19 when the value of clinker imports reached US$535.3m. Total imports declined by 4.4 per cent YoY to US$34.58bn between July 2019 and January 2020. The fall is due to a number of factors, including... |
Ukraine cement industry increases output after import antidumping duties20 March 2020, Published under Cement NewsUkraine’s cement production advanced 10.6 per cent after anti-dumping duties on cement imports were introduced, according to Ukrcement Executive Director, Roman Skilskyi. “After Ukraine introduced antidumping duties in May 2019, cement companies increased the production output of cement clinker by 10.6 per cent as of August 2019 compared to August 2018,” Mr Skilskyi said. Between 2016-19, cement imports into Ukraine rose 18-fold, from 41,700t in 2016 to 752,330t in 2019. In May, the cou... |