Cement News tagged under: trading

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Cement Company boss talks tough

30 January 2006, Published under Cement News

The General Manager of the Caribbean Cement Company (CCC), Anthony Haynes, is warning that a shortage of the product this year could result in serious consequences for Jamaica. As a result, he says CCC must work efficiently to satisfy customer demands. "We must avoid any shortage of cement ..." Haynes said at the company’s annual awards ceremony at the Jamaica Pegasus Hotel in New Kingston on Saturday night. "We dodged a bullet last year and I shudder to think what will happen this year i...

Cement shortage brings construction to halt

30 January 2006, Published under Cement News

Chandigarh India: The city has been facing acute shortage of cement for the last couple of weeks following the ban on overloading of trucks carrying cement on the direction of the Supreme Court. In fact, this has created a sharp gap between supply and demand and has affected construction work of engineering wings of both Administration and the Municipal Corporation of Chandigarh (MCC). The Apex Court had earlier taken serious view of overloading of trucks carrying cement bags, following w...

Saudi Cement output reaches 19.8Mt

27 January 2006, Published under Cement News

The cement output of Saudi Arabia’s eight listed cement companies rose to 19.8Mt in the first nine months of 2005 from 19.5Mt in the corresponding period of 2004, recent statistics showed. Local cement sales were 18.7Mt, up from 18.4Mt. Cement exports increased to 1.26Mt from 1.24Mt.

Modification of cement prices

27 January 2006, Published under Cement News

The Syrian Ministry of Economy and Trade issued Decisions No. 286 and 287 whereby the prices of gasoline and cement were modified. The liter of gasoline rose from Sp 24.35 to Sp 30. Cement prices for bulk normal portland grade cement have now been increased  to Sp 6500/tonne (US$124.5/tonne).

Russian cement prices

26 January 2006, Published under Cement News

Cement producer prices (Euros for tonne), year 2005: January Euro 28.54; March 26.54; June 38.75; October Euro 42.23.

Major shipment of cement due to arrive in Antigua

25 January 2006, Published under Cement News

A shipment of 1200t of cement for the local market and the construction of the Sir Vivian Richards Cricket Stadium at North Sound will arrive in Antigua and Barbuda on Wednesday from Trinidad and Tobago according to local news sources. Ambassador Sir David Shoul who, along with Trade Coordinator Dr. Clarence Henry, recently negotiated a constant supply of cement from Trinidad Cement Limited (TCL), outlined that the company is fulfilling its commitment to assist Antigua and Barbuda in ensu...

Building groups praise agreement on Mexican cement

24 January 2006, Published under Cement News

US Construction trade groups are praising an “agreement in principle” to reduce tariffs on cement from Mexico, saying it’s a good step toward reducing shortages and lowering building costs. The agreement, announced by the US Commerce Department last week, will reduce “anti-dumping” duties on imported Mexican cement from $26 per tonne to $3 a tonne, effective April 1. Quotas and duties would be eliminated after three years. “We are hoping this will be the start toward getting rid of these ...

Iran’s cement production to hit 75Mta

23 January 2006, Published under Cement News

Given the existing potentials of the country and the number of the projects credited by Bank Sepah, Iran’s cement production by the end of the Fourth Five-Year Socioeconomic Development Plan is expected to hit 75Mt by about 2020. The bank’s own share of the production is planned to be about 20,544,000t or 27.5 per cent of the total production, IRNA quoted an official in Bank Sepah as saying. In line with the government objectives outlined in the third and fourth development plans, Bank Se...

Latvia: construction costs rise

23 January 2006, Published under Cement News

Last year construction costs in Latvia rose by 11.4 percent on average from 2004, which is the steepest rise in ten years, the Latvian statistics bureau said. The statistics bureau said salaries of construction workers saw the most rapid increase growing by 16.1 per cent over the past year. Costs of construction equipment maintenance and operation rose by 13.8 per cent, and prices of building materials went up 9.6 per cent. Costs in the renovation of office buildings grew by 10.9 per cent, i...

GCC expects to recoup $40m

23 January 2006, Published under Cement News

Mexican cement maker Grupo Cementos de Chihuahua SA said Friday it expects to get back about US$40m in disputed cement duties after the US and Mexico settled a 16-year-old antidumping row. Under the agreement announced Thursday, Mexican cement makers will be allowed to export 3Mta to the US with an import tariff of US$3/t, down from US$26/t. After three years, the antidumping duties will be eliminated entirely. The settlement also included an agreement to share unliquidated duties dating back...