Cement News tagged under: trading

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Yemen to import more cement

03 May 2005, Published under Cement News

Yemen’s military economic corporation is working in coordination with the ministry of industry and trade to import cement to meet the needs of the local markets, a source in the corporation said. The measure comes to counteract black markets that are creating the shortage by increasing prices in the face of the demand.   In press reports, the deputy board chairman of the general corporation of cement marketing Mohammed Yahya Shanif denied that the corporation is behind the increase of the ce...

Cement prices go up 3 per cent on housing boom

28 April 2005, Published under Cement News

(Associated Cement Companies increased price by Rs5 per 50-kilogram bag) With boom in the housing sector and the Government spending on roads and bridges driving demand, cement companies in Mumbai have raised prices by 3 per cent. Associated Cement Companies (ACC) increased price by Rs5 for a bag of cement of 50kg. In the wake of the lowest home loan rates in 30 years, the demand for housing has gone up. Construction of roads, ports and dams has increased prior to the onset of monsoon rai...

More in pipeline: 50,000t cement orders received from Sri Lanka

19 April 2005, Published under Cement News

Pakistan has received export orders for 50,000t cement from Sri Lanka, which is expected to fetch US$9.2m in foreign exchange. Besides, export orders for 25,000t cement each month for one year are also in the pipeline, sources told Business Recorder. Total amount of foreign exchange the country is expected to earn from these orders is estimated at US$13.2m, Director-General, Board of Investment (BoI), Karachi, Ikhlaq Ahmed Malik, said and added that it would help a lot in meeting the exports...

Industry ministry promises quick tackling of cement shortage

19 April 2005, Published under Cement News

The problem of the shortage of cement supply in the market would soon be tackled, senior trade official promised. "The shortage of the material in the markets sent its prices higher, but last week the industry ministry studied the matter and directed the Yemeni Economic Corporation to urgently make up for the deficit. The source said the rise of the prices of cement could have been the increasing demand on the material for the construction of projects being accelerated as the 15th anniversar...

Steel units using blast furnace ’facing crisis’

15 April 2005, Published under Cement News

Indian steel units using the blast furnace route of steel production are facing a major crisis in offloading the slag because cement companies are mostly using the flyash generated by thermal power plants. According to Mr R.P. Singh, Managing Director, Bhilai Steel Plant, the problem has aggravated now, and he feels that the Centre should intervene at the earliest. He said the demand for blast furnace slag granulates among the cement manufacturers had dropped drastically, resulting in lo...

Steel units using blast furnace ’facing crisis’

15 April 2005, Published under Cement News

Indian steel units using the blast furnace route of steel production are facing a major crisis in offloading the slag because cement companies are mostly using the flyash generated by thermal power plants. According to Mr R.P. Singh, Managing Director, Bhilai Steel Plant, the problem has aggravated now, and he feels that the Centre should intervene at the earliest. He said the demand for blast furnace slag granulates among the cement manufacturers had dropped drastically, resulting in lo...

Swiss cement sales fall

14 April 2005, Published under Cement News

Domestic sales of Swiss cement industry fell by 0.6 per cent to 767,345t in the first quarter of 2005, the industry association Cemsuisse said on April 13, 2005. Despite the cold weather in March 2005, cement sales remained almost flat year-on-year due to the upward trend in the construction activity. A total 49.6 per cent of the cement deliveries were transported by railway and 50.4 per cent by road. Earlier the association said that it expected a 3.0 per cent to 5.0 per cent year-on-year dr...

Tsunami effect hits Nigeria

13 April 2005, Published under Cement News

The Tsunami earthquake which hit South East Asia last December 26, and the escalating cost of transportation, were identified yesterday as major reasons for the high price of cement in Nigeria. Chairman of Dangote Group of Companies, Alhaji Aliko Dangote, who disclosed this in Lagos, claimed that the Tsunami disaster destroyed the world’s largest cement factory in Indonesia, which was Nigeria’s major source of imported cement. However, Dangote in two separate interviews with journalists i...

Harbour leases land for cement bagging facility

13 April 2005, Published under Cement News

Cement supplier Caricement/Holcim, now operating in Simpson Bay, St Maarten, Netherlands Antilles, will be opening a cement bagging facility in Pointe Blanche on the property of St. Maarten Cargo Facility NV. The company signed a lease agreement on Friday, according to a press statement. “The agreement signals the start of long-waited plans to move the cement plant from an outdated facility in Simpson Bay to a new environmentally controlled plant in the harbour’s cargo area, St. Maarten Harb...

China’s output of cement in February

12 April 2005, Published under Cement News

China produced 43,436,000t of cement in February 2005. The output in January-February reached 98, 539,400t, up 0.1 per cent year on year, according to the National Bureau of Statistics.