Cement News tagged under: trade

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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...

Armenia extends import ban for six months

29 January 2021, Published under Cement News

Armenia has extended a ban on cement imports from non-Eurasian Economic Union (EEU) countries for another six months, according to ArmenPress. The aim of the ban is to protect the domestic market and domestic production. The previous temporary ban had expired on 1 January 2021.

Georgia sees production fall 6% in 1H20

15 December 2020, Published under Cement News

Georgia manufactured 1.06Mt of cement worth GEL152m (US$46.2m) in January-June 2020, down 6.2 per cent YoY from 1.13Mt in the year-ago period, according to GBC News. The country also imported 570,000t of cement in the first nine months of 2020.

Sri Lanka sees production up 9% in 9M20

14 December 2020, Published under Cement News

Sri Lanka has seen domestic cement production rise 28.7 per cent YoY to 375,000t in September. In August production was up by 17.4 per cent YoY to 392,000t. Overall, cement production increased 8.5 per cent to 2.82Mt in the first nine months of 2020, compared to 2.6Mt in the same period of last year. Meanwhile, cement imports declined 19.7 per cent in September to 300,000t from 374,000t in the year-ago period. Cumulative imports for the 9M20 fell 33.1 per cent YoY to 2.54Mt from 3.8Mt....

Saudi Arabia saw cement sales rise 17% in November

10 December 2020, Published under Cement News

Cement sales in Saudi Arabia increased 16.5 per cent YoY to 4.75Mt in November 2020, driven by the Ministry of Housing’s programmes, according to NCB Capital Co. On a monthly basis, local cement sales edged up by 0.7 per cent in November, reaching the second-highest monthly figure since January 2017. Clinker production was down 0.8 per cent MoM to 4.3Mt, but cement production saw a modest rise of 1.1 per cent to 5Mt. Clinker exports surged 85 per cent YoY to 490,000t, while the coun...