Korean cement producers face pressure from Chinese imports
Cement producers in South Korea have been voicing discontent about local construction firms looking to import low-priced cement from China. The country's domestic cement prices ...
Cement Prices
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Pakistan expects local cement dispatches to fall in July 2024
Pakistan's local cement dispatches are likely to fall 24-26 per cent YoY and 32-34 per cent MoM to clock in at around 2.08Mt in July 2024. This was roughly estimated by BMA Capi...
Pakistan’s federal budget offers mixed incentives for the cement industry
On 12 June Pakistan’s Finance Minister, Muhammad Aurangzeb, presented a budget proposal of PKR18.8776trn (US$67.8bn) for FY24-25. The proposal features a record-high deficit of ...
A quarterly review of the Pakistan cement industry
Due to many competing factors, Pakistan's cement industry will likely see lukewarm sales in 3QFY23-24 (January-March 2024). The holy month of Ramadan will begin on 11 or 12 Marc...
Cement prices surge in Enugu, Nigeria
The price of cement has hit NGN13,000/bag (US$8.57) in Enugu, Nigeria, compared to around NGN5000/bag in January this year. According to Blueprint Newspapers, while Dangote Ceme...
Cement prices rise in Sri Lanka
The maximum retail price of a 50kg bag of cement has been increased in Sri Lanka by LKR150 (US$0.466) with immediate effect, cement manufacturers said. They said the price was i...
Cement shortage hits Zimbabwean economy
Zimbabwe’s economic growth in the third quarter of 2023 was hit by a shortage of cement, according to local news source, Chronicle. The country’s economy grew by just 1.3 per ce...
Pakistan cement transportation to become costlier
Pakistan has started implementing an axle load regime on transporting cement, all kinds of raw materials and other commodities to meet the World Bank yardstick and improve its r...
1QFY23-24 is a good omen for Pakistan’s cement industry
Pakistan’s cement industry saw healthy growth in profit after tax (PAT) between July and September 2023 (1QFY23-24) on the back of a 32 per cent YoY advancement in sales, accord...
Malaysian cement demand set to flourish, says report
Cement demand in Malaysia will continue to flourish in the medium-to-long term, supported by major infrastructure projects across the country, reports RHB Investment Bank Resear...