Cement News tagged under: exports
Iran reports 4% growth in 11M cement exports26 March 2019, Published under Cement NewsIran has reported a four per cent YoY growth in cement exports at 12,652,000t in the first 11 months of the last Iranian year (21 March 2018-21 February 2019). However, the value of cement exports fell 14 per cent YoY to around US$398.4m, according to the Islamic Republic of Iran Customs Administration (IRICA). Cement imports also declined during the period, decreasing 21 per cent YoY to around 39,600t. |
Tajikistan boosts output in Jan-Feb 201926 March 2019, Published under Cement NewsTajikistan recorded a nine per cent increase in cement production to 482,000t in the first two months of 2019. Exports from the country reached 182,000t in the same period, according to a report by Asia-Plus, however, an annual comparison was not stated. An estimated 5Mta of cement capacity is now operational in the country, with Huaxin Gayur Cement, Chzhungtsai Mohir Cement and Huaxin Gayur Sughd Cement accounting for approximately 80 per cent of the overall volume of cement output. |
State Bank of Pakistan reviews performance of cement in 1H1926 March 2019, Published under Cement NewsThe State Bank of Pakistan has released its second quarterly report on The State of Pakistan’s Economy for FY19. As stated by the report, the effects of macroeconomic stabilisation measures, taken since December 2017, started to unfold as the economy moved into the second quarter of FY19. The report covered the performance of cement in terms of local and export sales. In line with other construction-allied industries, cement production declined by 1.6 per cent in 1H-FY19, compared to an e... |
Tabuk Cement wins clinker export order to Yemen22 March 2019, Published under Cement NewsTabuk Cement of Saudi Arabia has won an order to export 500,000t of clinker to Golden Oil Co in Yemen. The contract will conclude by the end of 2019, according to a bourse statement. The financial impact will be reflected in Tabuk Cement's financial business report in the 2Q19. Tabuk Cement operates an integrated cement plant at Duba port producing 1.2Mta of cement. |
Qassim Cement to export 120,000t of cement to Kuwait21 March 2019, Published under Cement NewsSaudi Arabia’s Qassim Cement Co has signed an agreement with Kuwait-based Al-Arada Building Materials Co to export 120,000t of cement. While no value for the deal has been released, the related financial impact is expected to show later in the year. The deal came into effect on 1 March and will be valid until the end of 2019, according to a bourse statement. |
Exports of cement from Pakistan continue to swell in 8MFY1919 March 2019, Published under Cement NewsPakistan Bureau of Statistics (PBS) data shows that the country's cement export value and volume rose during first eight months of the current FY18-19, despite dwindling exports of cement to Afghanistan and India. Pakistan's cement industry received foreign exchange revenues of US$205.86m by exporting 4.83Mt of cement/clinker during the eight months of July 2018-February 2019, compared to US$149.71m at 2.98Mt in the same period last year, according to the PBS. This translates a YoY growth ... |
US cement demand up 3% in 201818 March 2019, Published under Cement NewsApparent domestic consumption advanced 2.9 per cent from 97.4Mt in 2017 to 100.2Mt in 2018, according to the US Geological Survey (USGS). The higher sales volumes were supported by an increase in the average cement price from US$121/t in 2017 to US$126.50/t the following year. The rise in cement sales was attributed to a modest increase in construction spending as housing and public construction saw higher spending. The leading cement-consuming states continued to be Texas, California ... |
Peru cement market contracts 5% in February15 March 2019, Published under Cement NewsNational cement consumption in Peru slipped by 4.9 per cent in February 2019 to 0.893Mt, down from 0.9Mt reported in February 2018, according to the country’s cement association, Asocem. Total cement dispatches by Asocem-related producers were up 5.3 per cent YoY, but decreased by 2.8 per cent MoM to 0.796Mt in February 2019. Of this total, 0.783Mt were delivered to domestic customers, representing a 6.4 per cent rise YoY but a 2.1 per cent drop MoM. Exports of cement were down, by 35 per ... |
Whale Rock Cement starts sourcing local clinker14 March 2019, Published under Cement NewsNamibia's Whale Rock Cement, producer of the Cheetah Cement brand, has started to source clinker locally after initially sourcing it from Egypt, according to Zedekias Gowaseb, company chairman. "The clinker we import was from Egypt, that is no secret," said Mr Gowaseb. "From December 2018 we have already started to produce clinker from the Whale Rock mine," he added. Currently, the company’s cement products do not use the seal of approval from either the Namibia Standards Institute or ... |
South Korea: new strategies13 March 2019, Published under Cement NewsAs South Korea’s economy dips and government policies negatively influence infrastructure plans, the country’s cement industry remains at overcapacity amid stagnant levels of demand. Moving forward, producers must find new strategies to operate competitively in this challenging market. By Manas Tamotia, LEK Consulting, Singapore. With South Korean cement plants mainly located in the central and eastern coastal areas, cement producers face high distribution costs to deliver their pr... |