Cement News tagged under: exports
Saudi Arabia cement exports advance 46% in February22 March 2023, Published under Cement NewsCement sales in Saudi Arabia edged up one per cent to 4.215Mt in February 2023 from 4.155Mt in February 2022, according to Yamama Cement . Export sales, which accounted for four per cent of total sales, advance 46 per cent YoY to 119,000t from 174,000t in February 2021. January-February 2023 In the year to date domestic sales declined 10 per cent YoY to 8.118Mt from 8.994Mt in January-February 2022. Export sales surged 113 per cent to 389,000t in the 2M23 from 183,000t in the 2M22. Sa... |
Pakistan cement earns US$117.69m during the 8MFY22-2321 March 2023, Published under Cement NewsPakistan's cement industry constantly saw a negative to mixed export revenue trend in the 8MFY22-23 (July 2022-February 2023), according to the country’s Federal Bureau of Statistics (FBS). The country's political and continued economic uncertainty, high business costs and cooling world economy have impacted overseas and local dispatches. Overall, a delay in loan disbursement also hurt the sentiments of cement and other industries. BMA Capital Management Ltd adds that it has been a challengi... |
Pakistan's cement producers play the long game17 March 2023, Published under Cement NewsThis week ICR looks at Pakistan 's cement sector where new capacity is coming on-stream and cement producers are jostling for increased market share in the north of the country. Meanwhile, the cost of raw materials and fuel has driven cement prices up and stagnant domestic cement demand means that many producers have looked to export markets. Protecting market share in northern Pakistan is becoming increasingly challenging as cement producers in the region have unleashed a fresh stream... |
ECDE exports 0.35Mt of clinker from Algeria17 March 2023, Published under Cement NewsAlgeria-based ECDE , part of the GICA group, has exported since the start of the year close to 350,000t of clinker from Algeria, according to ECDE CEO, Kada Dinar. GICA’s Chlef plant has three production lines with a total capacity of 4.2Mta. Shipments were delivered to countries in Europe, Africa and Latin America from the two ports of Tenès (Chlef) and Oran. This year, the company targets 2Mt of clinker exports, up from 1.5Mt of clinker last year. In addition the clinker exports, the ... |
Cement sales in Brazil drop 7% in February14 March 2023, Published under Cement NewsBrazil’s cement association, SNIC, reported that cement sales in the domestic market declined by 7.2 per cent YoY to 4.42Mt in February 2023 from 4.763Mt. SNIC attributes the contraction to Brazil’s economic scenario with high household debt, high interest rates and inflation as well as above-average rainfall. Consumer confidence showed a second-consecutive month’s drop. Industry confidence was negatively affected by a slowdown in demand and high input costs. The decline was the largest in... |
Italy’s cement output sees 9% MoM drop in December 202213 March 2023, Published under Cement NewsItalian cement production fell by 29 per cent MoM and nine per cent YoY in December 2022, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index production the value declined from 85 in November to 70 in December. Cement prices in December 2022 slipped MoM to 210 when compared with the base year of 2015 (=100). Federbeton reported a 67 per cent increase when compared with December 2022. External trade Grey cement imports in November were up by... |
Maple Leaf Cement becomes Pakistan's fourth largest producer13 March 2023, Published under Cement NewsMaple Leaf Cement Factory Ltd ( Kohinoor Textile Mills Ltd group ) has become the fourth-largest grey cement producer in Pakistan after its capacity now stands at 7.9Mta after the completion of its Iskanderabad plant expansion last November. The company’s domestic share in grey cement stands at 10 per cent and white cement at 90 per cent. White cement achieves good prices compared to grey cement due to a higher cost of 1.5 per cent over grey cement, positively impacting the company’s ma... |
Nepal exports 153,493t of cement to India in 7MFY22-2313 March 2023, Published under Cement NewsIn the 7MFY22-23 Nepal exported cement and clinker worth NPR167.03m (US$1.273m), reports Khabarhub. According to Nepal’s Department of Customs, over the seven-month period, 153,493t of cement were exported, with a value of NPR60.66m. Clinker exports came in at 151,158t, worth NPR106.38m. According to the government, two Nepali cement companies have been exporting product to India. These include Palpa Cement , which has been exporting cement under the ‘Tansen’ brand since July 2022, an... |
Bangladesh reports 50% increase in cement export revenue09 March 2023, Published under Cement NewsBangladesh has reported 49.7 per cent YoY growth in cement export revenue to US$8.13m in the 8MFY22-23 (July 2022-February 2023). This compares to US$5.43m in the same period a year earlier. According to the Bangladesh Export Promotion Bureau (EPB), this figure also includes minor amounts of salt, stone and related products. Most of the cement exports were shipped to neighbouring countries. For the full FY22-23, ending 31 June 2023, Bangladesh has set an cement export revenue target o... |
Argentina's cement consumption down 5% in February07 March 2023, Published under Cement NewsThe cement market in Argentina contracted by 4.5 per cent YoY and 6.5 per cent MoM to 895,938t in February 2023, according to the country’s cement association, AFCP. In February 2022 demand reached 938,072t while in January 2023 it stood at 958,230t. All domestic demand was supplied by local cement producers, who produced 900,150t, down 5.1 per cent YoY from 948,858t and -6.8 per cent MoM from 965,633t. Of total output, 4212t was exported, representing a 60.9 per cent YoY drop from 10,786t... |