Argentina’s Supreme Court rejects cartel arguments
The Argentine Supreme Court rejected Wednesday the arguments provided by the country’s five largest cement companies – Loma Negra, Minetti, Cemento San Martin, Petroquímica Riva...
Pricing
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DTI requests further information on Philippine pricing
Philippine cement producers have until next week to provide the Department of Trade and Industry (DTI) with further information explaining reasons behind their higher selling pr...
Barclays lowers China's 2013 pricing forecasts
Barclays has reduced its forecasts for cement prices in China this year to +2 per cent from the previous +5 per cent, according to reports by Dow Jones. It has therefore cut its...
Lucky Cement's nine-month net profit ahead, Pakistan
Lucky Cement, has reported a 49 per cent YoY rise in net profit for the first nine months of FY13 as Pakistan’s largest cement producer by capacity is boosted by higher prices. ...
Venezuela faces irregular cement supply
While Venezuela’s authorities claim a rise in cement output, supply of the product on the ground continues to struggle, negatively impacting the implementation of projects, part...
Vicat advances in Asia and Americas
Vicat's first quarter turnover was ahead by 1.2 per cent to EUR491m, which represents an underlying improvement of 2.7 per cent.
Steppe Cement’s full-year profit rises on increased sales and prices
Kazakhstan-based cement producer Steppe Cement Ltd on Wednesday confirmed that pretax profit more than doubled in the year ended 2012 thanks to sales that were up by almost 10 p...
South Korean cement producers to withdraw price hikes
Major cement producers in South Korea have withdrawn price rises announced earlier in 2013 and will maintain current prices for a year. Manufacturers such as Tongyang Cement, Ha...
UltraTech Cement quarterly net profit falls 16.3%, India
UltraTech Cement on Monday announced a 16.3 per cent YoY fall in quarterly profit, which it attributed to an increase in railway freight costs and diesel prices. The company rep...
Anhui Conch reports first quarter decline, China
China’s second-largest cement producer by capacity, Anhui Conch Cement, reported a decline in first-quarter net profit but an improved pricing environment has begun to emerge in...