Cement News tagged under: subsidies

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Uzbekistan proposes to cancel import benefits

07 May 2019, Published under Cement News

The Ministry of Investment and Foreign Trade of Uzbekistan has proposed to abolish cement import benefits, which were introduced in January 2018. The government suggested that the abolition of the benefits will lead to more efficient production of building materials, create a competitive market and increase domestic production, according to Esmerk CIS News. Uzbekistan’s leading supplier of imported cement is Kazakhstan, which in November supplied 1500t of cement. As of April 2019, ceme...

Subdued demand recovery outlook after 2015 nadir

06 January 2016, Published under Cement News

While global cement consumption in 2015 contracted, cement producers can look forward in 2016 to modest gains in demand, but the scenario remains mixed with higher demand unable to raise low capacity utilisation and cement pricing power. By John Fraser-Andrews, HSBC, UK. The year 2015 looks set to mark the first reduction in global cement consumption since 1990 (see Table 1), with HSBC forecasting a five per cent contraction in China (which accounts for over 70 per cent of global demand) ...