Pricing

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Kinshasa cement prices surge on cement shortage

Kinshasa cement prices surge on cement shortage

A lack of supply is driving up cement prices in Kinshasa, Democratic Republic of Congo. The price of a 50kg bag of grey cement has increased to XAF40,000 (US$67.91), up from XAF...

Dry season drives DRC price drop

Dry season drives DRC price drop

The price of grey cement in Mbuji-Mayi, Kasai-Oriental province, Democratic Republic of Congo, dropped from US$30/bag to US$22-23/bag. The drop has been attributed to an abundan...

Sri Lanka considering price control for cement

Sri Lanka considering price control for cement

Sri Lanka’s Trade Minister Malin Fernando said the country was considering the introduction of price controls on cement. The step followed cement companies’ announcement that th...

BUA's Sokoto Line 5 begins production

BUA's Sokoto Line 5 begins production

Production has begun at Line 5 of BUA Cement ’s Sokoto plant. The 3Mta expansion project forms part of the company’s plans to not only expand its production capacity but also br...

Fears raised over cement price hike in Nigeria

Fears raised over cement price hike in Nigeria

The Cement Producers Association of Nigeria has praised the Nigerian government’s commitment to introduce concrete roads but warned that supply issues could push cement prices t...

Taiwan Cement fined for price fixing

Taiwan Cement fined for price fixing

Taiwan Cement Corp (TCC) is one of 18 firms fined a combined TWD213m (US$7m) for forming a ready-mixed concrete (RMC) price-fixing cartel, accord to Taipei Times. Since 2018 the...