Cement News tagged under: trade

RSS feed

Pakistan records 33% growth in October cement dispatches

03 November 2020, Published under Cement News

Pakistan's domestic and overseas cement dispatches figures for October 2020 are officially yet to be released by the All Pakistan Cement Manufacturer Association (APCMA), but Lucky Cement Ltd's CEO, Mohammad Ali Tabba, has estimated a record growth to 5.7Mt, increasing from 4.4Mt in September 2020. The MoM rise of 29.5 per cent in dispatches in October was possible due to the increase in domestic and export demand as well as the speedy momentum in Pakistan's economy.   During an intervi...

Bangladesh suspends unloading of imported clinker

22 October 2020, Published under Cement News

The unloading of imported clinker and other commodities in Chittagong and Mongla ports in Bangladesh remains suspended due to an indefinite strike called by Water Transport Workers for the last two days. As a result, offloading from 20 foreign vessels laden with 0.91Mt of clinker, one vessel with 55,000t of gypsum and four ships with 224,598t of limestone at Chittagong Port is being delayed. At Mongla Port two ships were laden with clinker, one each with slag and coal cargoes are waiti...

Ukraine launches antidumping investigation into cement imports

11 September 2020, Published under Cement News

Ukraine’s Interdepartmental Commission on International Trade has launched an antidumping investigation into the import of cement from Turkey, according to Business World.  The commission reportedly received a complaint from Dyckerhoff Cement Ukraine, Kryvyi Rih Cement, Mykolaivcement, Podilsky Cement, and Cement LLC with the support of Ivano-Frankivskcement. According to the applicant, during the observation period (2017-19), the import of cement in absolute terms increased by 809 per...

Bangladesh producers seek advanced income tax refund of BDT7500m

28 August 2020, Published under Cement News

Bangladeshi cement manufacturers have requested that the National Board of Revenue makes payment of BDT7500m (US$88,47m) as a refundable advanced income tax to help them recover some of their losses from the coronavirus pandemic. Previous attempts to seek similar demands in the national budget were turned down. "We need a fresh injection of capital to recover the losses incurred due to pandemic. We have fallen in capital shortage as well. So, the government should refund our adjustable fund...

Dry bulk outlook amid COVID-19 impact

21 July 2020, Published under Cement News

As the coronavirus took hold of global economic activity, dry bulk trade crashed. As some parts of the world cautiously move out of lockdown, what is the outlook for the shipping of cement and other dry bulk trades? By Rahul Sharan, Drewry Maritime Research, UK. Figure 1: the world’s largest cement importers (top) and exporters (bottom), 2019 The COVID-19 pandemic that started with China has now gripped almost the entire world, severely hitting global economic activities and ...

Euro-Med trading trends

14 July 2020, Published under Cement News

Since 2012 the countries that border the Mediterranean Sea have suffered from various challenges, including economic crises, increasing migration flows and Islamism, wars, political instability, oil price fluctuations and now the COVID-19 pandemic. This uncertainty has affected construction activity in most Mediterranean countries. With growing CO 2 concerns and stronger EU-related regulations, regional cement producers are not playing in international markets with the same cards: non-EU pl...

Turkish cement exports to France rise by 9% in 1H20

14 July 2020, Published under Cement News

In June 2020 the export of Turkish cement to France increased by 65.6 per cent YoY, representing a value of US$12.9m, according to the Turkish Ministry of Trade. Total cement exports from Turkey in June advanced 37.4 per cent to US$343.1m when compared with June 2019. January-June 2020 In January-June 2020 Turkish cement exports to France increased 8.9 per cent YoY to US$61.6m, reported Trend News Agency.

Ready to sail

06 July 2020, Published under Cement News

Much of global cement trade involves the shipping of product via specialised carriers at some point. Brian Benjamin of Sirios Shipping Management Co, gives an overview of the operational and commercial procedures of shipping cement from its loading point to discharge at the cement company’s customer. By Brian Benjamin, Sirios Shipping Management Co, Greece. A fleet of specialised self-discharging cement carriers form a key part of global cement trade Sirios Shipping Management C...

Cement exports from Pakistan drops due to COVID-19 in 10MFY20

28 May 2020, Published under Cement News

The Federal Bureau of Statistics (FBS) of Pakistan has released cement export data for the 10 months of July 2019 to April 2020. It visibly carries the impact of coronavirus on the cement industry in the country.   Pakistan's cement industry has earned export revenue of US$223.20m by exporting 5.949Mt of cement and clinker in 10MFY19-20, compared to US$243.12m from 5.738Mt of exports in the year-ago period. This represents a 8.2 per cent decline in terms of value in dollars, but adds a grow...

Bangladesh opens new ports of call with India to increase trade

26 May 2020, Published under Cement News

Bangladesh and India have added five more ports of call to its existing six and two Indo-Bangladesh Protocol (IBP) water routes. The move would help reduce transport cost in exporting bulk amount of cement to Tripura and the other northeastern states, said Mr Shahidullah, managing director of Metrocem Cement and first vice-president of Bangladesh Cement Manufacturers Association. The five new ports of call in Bangladesh that were put in the Second Addendum to the Protocol on Transit and Tr...