Cement News tagged under: trade

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Can Mexico’s fiesta continue?

05 July 2021, Published under Cement News

Despite initial concerns that Mexican cement demand would see a sharp contraction in 2020 due to the COVID-19 pandemic, domestic consumption held up better than expected through the year. The early signs for 2021 are encouraging but, with a rollercoaster of expectations ahead, Credit Suisse asks how long can Mexico’s fiesta last? By Vanessa Quiroga, Credit Suisse, Mexico. Going forward, the picture for Mexican cement demand, exports and utilisation levels is promising. The outlook ...

North Sulawesi exports 63,046t in May

01 June 2021, Published under Cement News

Indonesia’s North Sulawesi province exported 63,046t of cement to Taiwan, the Philippines and Malaysia in May 2021, according to the North Sulawesi Industry and Trade Office. The value of exports totalled US$2.18m, with Malaysian exports representing US$1.1m from 32,496t alongside US$763,750 from 32,496t sent to Taiwan. Cement is a relatively new export from North Sulawesi and the Industry and Trade Office is reportedly on the look for new markets.

Cambodia posts 49% fall in imports in 2020

27 May 2021, Published under Cement News

Cambodia saw the value of its cement imports fall 48.6 per cent YoY to US$66.25m in 2020, compared to US$128.86m in the previous year, according to the Ministry of Commerce. Imports of construction materials, such as steel and cement, declined during the year as the COVID-19 pandemic paused construction projects across the country, reports The Phnom Penh Post. The growth in domestic cement production, which advanced seven per cent YoY to 7.9Mt in 2020, is also a factor in the cement impor...

Cement imports to the Philippines are increasing by 6-7% YoY

17 May 2021, Published under Cement News

CEMAP data showed imports were growing by an average of 6-7 per cent annually. In 2020 approximately 500t of cement arrived from Vietnam, which emerged as the biggest cement exporter in southeast Asia. Vietnam cement accounted for nearly 90 per cent of total imports, CEMAP said. Meanwhile, many cement manufacturers in the Philippines are pushing for an end to cement imports, citing increased capacities to serve local demand and the industry’s depressed profits more than a year into the pa...

Zimbabwean import ban raises supply concerns

07 April 2021, Published under Cement News

Zimbabwean retailers are concerned over the capacity of local cement companies to satisfy demand   after a cement import ban has been implemented. However, the government is keen to protect jobs and its import ban (SI 89 of 2021) has sparked fears that the move might trigger collusion among local cement producers, causing prices increases and cement shortages. "The local content policy strives to increase the consumption of local produce and it harnesses the creation of jobs so we than...

Four Kenyan producers opposed to review on clinker imports

06 April 2021, Published under Cement News

Four Kenyan cement manufacturers have requested for an urgent meeting with the national treasury over a proposal to review the Common External Tariff (CET) on imported clinker. The Kenya Association of Manufacturers (KAM) has proposed that CET on imported clinker be reviewed from the current 10 to 25 per cent on imported clinker or a complete ban of importation to protect local manufacturers. KAM argues that the move will promote the manufacturing sector and create jobs. However, Bambu...

Ukrcement protests against FTA with Turkey

31 March 2021, Published under Cement News

Ukrcement wants to exclude the Urainian cement sector from the agreement on a free trade zone (FTA) with Turkey as cement is a commodity item that can be fully provided by domestic manufacturers. "The signing of an agreement on a free trade zone with Turkey for the cement industry poses a serious threat," said  Pavlo Kachur, head of the Ukrcement association. "We have transferred our position to the Ministry of Economy and the trade representative of Ukraine." Ukrecement is concer...

Central Asia market dynamics

23 March 2021, Published under Cement News

The central Asian cement markets of the Kyrgyz Republic and Uzbekistan held firm in 2020 despite disruptions caused by the COVID-19 pandemic. GS-Expert discusses the dynamics of both markets, including production levels, trading trends, price developments, fixed asset investments and new capacity additions. By GS-Expert LLC, Russia. The cement sector in Uzbekistan is one of the most dynamic in central Asia In 2020 cement consumption in the Kyrgyz Republic steadily increased with...

Cement export from Pakistan remains fragile in 8MFY21

18 March 2021, Published under Cement News

The Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-February 2021 and July 2020-January 2021 periods, respectively. It shows mixed trends. Export volumes increased during this period, but revenues declined in dollar terms, reflecting a dwindling global market for cement and clinker. Meanwhile, local output increased. Export Pakistan's cement industry earned US$183.19m of export revenue by delivering 5.469Mt of cement ...

Building on diversification

15 February 2021, Published under Cement News

Kuwait has seen its economy heavily impacted by the crisis in oil prices, a lack of diversity and the COVID-19 pandemic. A lack of investment in infrastructure has further seen demand fall for the cement sector, which relies on several importers as well as domestic cement producers. Building ACICO’s new grinding unit, Ball Mill 4, which is scheduled for commissioning in the 1Q21 Kuwait’s economy remains largely dependent on the oil sector, which accounted for more than 90 per ce...