Cement News tagged under: exports
Russian renaissance?24 April 2017, Published under Cement NewsRussian cement producers faced a challenging market environment in 2015-16 as a new recession impacted the construction industry. However, the first signs of recovery are appearing and the cement market is expected to stabilise in 2017, with further recovery forecast from 2018 as growth in the domestic economy and construction sector takes hold. By Alexej Semenov, GS-Expert LLC, Russia. As the domestic economy starts its path to recovery, Russians are hoping for a new dawn Russi... |
Spain: Cementos Cosmos stops cement exports20 April 2017, Published under Cement NewsCementos Cosmos is ceasing cement exports from its Niebla plant. The company has attributed the move to rising petcoke prices that are eroding the competitiveness of the works in the international market. However, the company has been undertaking steps to increase its use of alternative fuels to 20 per cent of the fuel mix. This would allow the plant to reduce its EUR7m fuel bill. Votorantim, who owns the cement company, is currently waiting for the necessary changes to be made to the Gen... |
Steppe Cement 1Q17 volumes down as Kazakh market contracts19 April 2017, Published under Cement NewsSteppe Cement reported a 35 per cent YoY decline in cement sales volumes to 124,669t in the first quarter of 2017 as cement consumption in Kazakhstan fell five per cent YoY. In March 2017 alone, domestic consumption was down by 12 per cent, partly due to extended holidays, Steppe Cement said in a trading update released last week. The company added that it continued its strategy of increasing prices at the expense of market share. As a result, its market share fell from 16 per cent in... |
Vietnam 1Q exports rise 11% YoY18 April 2017, Published under Cement NewsVietnam exported 4.82Mt of cement and clinker worth US$168.65m in the first quarter of this year, representing 11 per cent increase YoY in volume and 6.4 per cent in value, according to the latest data of the General Department of Vietnam Customs. In March the country’s clinker and cement exports rose 7.8 per cent from February in volume and 7.6 per cent in value to 1.8Mt worth US$62.67m, the Xay Dung online newspaper quoted the government department as saying. Bangladesh remained the ... |
Pakistan nine-month sales up 7% YoY12 April 2017, Published under Cement NewsCement sales in Pakistan increased by seven per cent YoY in the first nine months of the current fiscal to reach 30.304Mt, latest data from the All Pakistan Cement Manufacturers Association (APCMA) reveals. Of this total, domestic demand was up by 11 per cent but exports fell by 15 per cent. I n March 2017 alone, sales almost totalled 4Mt versus 3.583Mt in the same period a year earlier. However, exports plunged by 60 per cent during the month. A spokesperson for the APCMA said that ceme... |
Carib Cement implements temporary measures to address Jamaica cement shortage11 April 2017, Published under Cement NewsCarib Cement, Jamaica’s sole cement producer, has said it is implementing a number of measures to overcome a domestic cement shortage after mechanical problems in the packaging area caused operations to be disrupted. The cement producer has confirmed reports that had reached The Sunday Gleaner (Jamaica) of a shortage of cement on the Caribbean island. The daily newspaper had been informed by local hardware merchants and dealers that they have been unable to meet demand because of a lack of... |
Pakistan sees decline in 1HFY17 cement exports to South Africa and Afghanistan03 April 2017, Published under Cement NewsPakistan cement exports revenue continued their downward trend, with most of the 14.4 per cent YoY decline in 1HFY17 (July-December) due to two markets, South Africa and Afghanistan. However, a slight consolation was continued strong demand from India which partially offset the declines witnessed in the two aforementioned markets, the country's Central Bank observed in its second quarterly report released on 31 March 2017. Cement exports to Afghanistan and African countries (mainly Sout... |
Fancesa: no exports to Paraguay and Argentina24 March 2017, Published under Cement NewsBolivia’s Fancesa no longer views Paraguay and Argentina as viable export markets for its products. While the neighbouring countries would have provided an alternative sales route for Bolivia’s oversupply of cement a few years ago, domestic product of these countries is now cheaper and more readily available, said Eduardo Kunstek of Fancesa. For instance, the recent price decrease in Paraguay sees a 50kg bag of cement sell for PYG39,800 or BOB47 with a further fall to PYG36,000 or BOB46 ... |
Pakistan: exports continue to decline in 8MFY16-1723 March 2017, Published under Cement NewsPakistan cement exporters have earned revenues of US$12.24m on exports of 229,819t cement in February 2017, compared to US$22.268m on 411,257t of exports in the previous month. These figures represent a MoM decline in dollar value and volumes of 45 percent and 44.1 per cent, respectively. However, when compared with February 2016 (519,733t with a value of US$28.131m), volumes slipped by 56.5 per cent and the value was down by 55.8 per cent, according to the country's Federal Bureau of Stati... |
Nigerian government commends Dangote Cement self-sufficiency feat20 March 2017, Published under Cement NewsThe Nigerian government has officially confirmed that Nigeria has attained self-sufficiency in the production of cement and is now an exporter of the commodity, ascribing the feat to Dangote Cement which spare headed the backward integration policy introduced by the government, the cement company said in a statement today. Minister for Solid Minerals Development, Dr Kayode Fayemi, who leads a team of the federal government to the Dangote Cement plants in Ibese, Ogun State, at the weekend s... |