Cement News tagged under: exports
Egypt: glimmer of hope27 June 2022, Published under Cement NewsPlagued by oversupply, soaring energy prices and a lack of competitiveness overseas, 2021 was a challenging year for the Egyptian cement sector. However, following government intervention, there is a light at the end of the tunnel as cement prices begin to rise, post-pandemic demand picks up, and balance sheets return to better health. By ICR Research, UK. Egypt’s capital, Cairo, is expected to see its 22m population double by 2050 and the government is investing US$40bn in a New A... |
Lafarge Cement Zimbabwe to increase exports24 June 2022, Published under Cement NewsLafarge Cement Zimbabwe made its first exports to Malawi and is expecting to build on the shipment to increase exports from Zimbabwe. “Because of our significant capacity, which is first of all oversized for the domestic market, growing demand in the region for this type of products, we are looking at, especially, (export) markets like Zambia and Malawi,” said CEO Geoffrey Ndugwa. “We just made our first exports to Malawi a few weeks ago, so we are feeling pretty good about the trend,” h... |
Vietnamese cement market contracts 8% in May21 June 2022, Published under Cement NewsCement sales in Vietnam declined by eight per cent YoY and by five per cent MoM to 5,655,119t in May 2022, according to the Vietnam National Cement Association (VNCA). Of this total VICEM saw its sales contract by two per cent YoY and seven per cent MoM to 1,967,271t. Other VNCA member companies reported a 10 per cent YoY and seven per cent MoM decline with sales of 1,387,848t. In addition, other, non-affiliated producers saw their sales fall by 11 per cent YoY and three per cent MoM to 2,... |
Cement exports from Pakistan show a mixed trend21 June 2022, Published under Cement NewsPakistan's cement exports continued to report mixed trends in the export of cement and clinker cumulative basis for 11 months and in May alone of FY22, according to the Pakistan Bureau of Statistics. AKD Research has attributed this mixed trend to low export prices and increasing coal prices, which have made exports unattractive. Pakistan's cement and clinker exports in the first 11 months of FY21-22 (July 2021 to May 2022) earned US$211.19m in revenue by dispatching 5.465Mt cement and cl... |
Iranian cement sales decline in May20 June 2022, Published under Cement NewsThe Iranian cement market contracted 11.6 per cent YoY to 5.11Mt in May 2022 from 5.78Mt in May 2021, according to the Iranian cement association. In addition to domestic deliveries, 0.301Mt of cement and 0.558Mt of clinker was exported in May 2022. This represents a YoY decrease of 11.5 per cent for cement (May 2021: 0.34Mt) and 29.4 per cent for clinker (May 2021: 0.79Mt) Output of cement declined 11.8 per cent YoY to 5.38Mt in May 2022 when compared with the year-ago period when cement... |
Peru’s cement demand sees 5% growth in May17 June 2022, Published under Cement NewsPeruvian cement dispatches saw a five per cent uptick in May 2022 to 1.117Mt from 1.066Mt in May 2021, according to the national cement association, Asocem. Cement output from Asocem member companies reached 1.079Mt in May, up seven per cent YoY from 1.010Mt. Clinker production advanced nine per cent YoY to 0.867Mt in May 2022 from 0.795Mt in May 2021. Cement exports surged 75 per cent YoY to 18,000t from 10,000t in May 2021, but clinker exports were 49 per cent down YoY to 35,000t from ... |
Pakistan cement market to contract by 10%17 June 2022, Published under Cement NewsBased on cement dispatches over the first 11 months, Pakistan’s cement market is expected to contract by 10 per cent in FY22 (ending 30 June), compared to FY21, according to a report in the Business Recorder. This is in stark contrast to the 10-15 per cent growth forecast by the industry. Much of that predicted growth was dependent on the country’s massive infrastructure and power projects, along with the government’s Pakistan Housing Plan. But in reality domestic demand has remained low wit... |
Spanish cement consumption declined 1% in May17 June 2022, Published under Cement NewsSpanish cement consumption slipped in May by 0.9 per cent, to 1,325,372t, which represents a loss of 12,406t compared to the same month last year, according to the country's cement association, Oficemen. This decline in consumption has led to a loss of 1.1 points in the accumulated growth of the first five months of the year, which now stands at 3.7 per cent, with 6,124,957t. This is 219,145t more than in the same period of 2021. In absolute values, in the last 12 months 15,169,40... |
DG Khan set for US exports15 June 2022, Published under Cement NewsPakistan-based DG Khan Cement Co will be exporting 50,000t of cement to the USA for the first time. “A ship, Tomini Felicity, is presently loading cement at KPT in 1.5t jumbo bags destined for Houston, Texas USA,” Fareed Fazal, DG Khan director, said. The shipment is part of a contract that will see the cement producer export 100,000tpd to Texas after concluding a deal in August 2021, when Mr Fazal visited the US. Following the deal, there was a 10-month process to obtain the necessary ce... |
Brazilian cement dispatches slip in May09 June 2022, Published under Cement NewsCement sales by Brazil’s cement producers slipped by 0.8 per cent to 5.487Mt in May 2022 when compared with 5.529Mt in May 2021, according to SNIC, the Brazilian cement association. Sales have been affected by record-high household indebtedness and reduced household income. The rising interest rate is at 12.75 per cent, making the financing of housing expensive. Political and economic uncertainty are resulting in cautious consumer confidence. Moreover, inflation runs into double-digit figu... |