Zimbabwe import licence scheme drives down prices
On 10 November 2023 CemNet reported on how the Zimbabwean government has issued cement import licences to ensure supply while two of the country’s leading cement producers dealt...
Prices
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Russian cement producers warn of escalating costs
Leading cement producers in Russia have warned domestic regulators of a 17-30 per cent rise in production costs next year, caused by continually increasing costs related to logi...
Shree Cement pledges to boost share of premium products
Shree Cement plans to expand the share of premium products as part of its total sales to 12 per cent over the next six months. This compares to just 9.5 per cent in the 2QFY23-2...
CNBM issues 9M23 profit warning
China National Building Material (CNBM) has issued a profit warning for the opening nine months of 2023. According to Reuters, the company expects to report a 70 per cent YoY co...
Italian cement production slips 1% in July
Italy’s cement producers decreased their output by one per cent in July 2023 when compared with the previous year, according to the national construction chamber, Federbeton. Wh...
BUA to slash cement prices
BUA Cement has announced plans to lower cement prices from NGN5000-5500/bag (US$6.39-7.02/bag) to NGN3000-3500/bag, according to local press reports. AbdulSamad Rabiu, chairman ...
Italy’s cement exports see 28% rise in May
Cement production in Italy increased by four per cent YoY in June 2023, according to the national construction chamber, Federbeton. When compared with the 2015 base index, the o...
BUA Cement says new plants will drive down cement prices
BUA Cement has said that it hopes the completion of its two new plants this year would result in the lowering of cement prices in Nigeria. The company plans to add 6Mta of cemen...
Dangote defends price criticism
Dangote Cement has defended recent criticism of its cement prices saying they are in line with or lower than prices across the rest of the West African coast, reports The Punch....
Italy’s cement supply declines 13% in May, but prices see 13% increase
Cement production in Italy fell by 13 per cent YoY in May 2023, according to the national construction chamber, Federbeton. When compared with the 2015 base index, the output va...