Cement News tagged under: exports

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Cement exports from Pakistan show a mixed trend

21 June 2022, Published under Cement News

Pakistan'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 May

20 June 2022, Published under Cement News

The 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 May

17 June 2022, Published under Cement News

Peruvian 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 News

Based 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 May

17 June 2022, Published under Cement News

Spanish 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 exports

15 June 2022, Published under Cement News

Pakistan-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 May

09 June 2022, Published under Cement News

Cement 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...

Argentina’s cement market expands by a quarter in May

09 June 2022, Published under Cement News

Cement consumption in Argentina increased by 24.5 per cent to 1,087,998t in May 2022 when compared with May 2021 when 874,188t was sold in the domestic market, according to the country’s cement association, AFCP. MoM an increase of 4.7 per cent was seen. Argentine demand was entirely supplied by domestic cement plants as no imports were reported. The country’s producers increased output by 24.2 per cent YoY and 4.7 per cent MoM to 1,098,484t in May 2022. Of this total, 10,485t were exporte...

High cost of manufacturing influences cement dispatches in May 2022

08 June 2022, Published under Cement News

Topline Securities has stated that Pakistan’s cement sales were affected in May 2022 mainly due to the Eid holidays and economic slowdown. The attrition in exports is on the back of disruption in the global supply chain, resulting in higher sea freight charges. The All Pakistan Cement Manufacturers Association (APCMA) remarked that the continuous downfall of the rupee coupled with the skyrocketing prices of coal, electricity and petroleum products is badly affecting the business momentum. ...

Italy’s cement output sees 3% drop in March

06 June 2022, Published under Cement News

Cement production in Italy increased by nine per cent in March 2022 when compared with the 2015 baseline index of 100, according to Federbeton, the country’s concrete association. On a YoY basis output declined by three per cent. Cement prices remained level when compared with February 2022 but when compared with 2015, they were up 57 per cent. Cement trade Grey cement imports were down 20 per cent YoY to 101,114t in February 2022 from 106,173t in January 2022. In the year to date impor...