Cement News tagged under: trading
Gov’t lifts ban on Solid05 October 2004, Published under Cement NewsPhilippine authorities yesterday lifted the ban on Solid Cement Corp’s Island Portland Cement after tests showed that samples have attained the minimum compressive strength required by government standards. But the Department of Trade and Industry (DTI) will still pursue the case versus Solid Cement and will conduct a monthly product and factory audit until it is satisfied with Island Cement’s quality. Jesus L. Motoomull, director of the DTI’s Bureau of Product Standards, said the month... |
Clinker exports hold promise for cement units04 October 2004, Published under Cement NewsFor the Indian cement industry, it’s a clinker-led export boom. Even as cement exports have more or less stagnated due to sluggish demand, cement companies such as ACC and Sanghi Cement are betting heavily on clinker exports to Western Europe, West Asia, Africa and neighbouring countries. During 2003-04, nine million tonnes of cement and clinker were exported from the country, against 6.92Mt during the previous fiscal. The growth of 30 per cent in overall exports has largely been on acco... |
CDM accused of dumping cement?04 October 2004, Published under Cement NewsCDM Mexico which is currently embroiled in the Mary Nour case has stated it will eventually start up a clinker grinding operation costing some US$30m using imported clinker but in the meantime will press the authorities to release its ship and allow it to discharge the 27,000t of cement on board. However, the National Chamber of Cement (Canacem) argued that CDM doesn’t have the requisite import permits and that CDM would sell cement at dumping prices. "CDM has not fulfilled the Mexican n... |
Iran’s cement smuggled to Afghanistan04 October 2004, Published under Cement NewsThe rate of cement smuggling is on the rise in Khorasan Province, Northeastern Iran, according to Iran Daily. The cement shortage in Khorasan has paralysed those involved in construction works in this large Iranian province with cement being sold at twice its normal price across the border into Afghanistan. The smugglers are currently active in the North and Northeastern provinces of Iran and it seems that they are too powerful to be countered by the officials. An official in Khorasan on... |
Fiji exports to Tahiti04 October 2004, Published under Cement NewsFiji will be working closely with its Pacific island neighbours in trade and economic opportunities as the region moves towards a Free Trade Area by 2012. Forum island leaders agreed to this and Fiji Islands Trade and Investment Bureau chief executive Lailun Khan said Fiji must be fully aware of the rapidly changing international business environment. "For developing countries like ours, pressures like that of the World Trade Organisation are magnified by our smallness," Mrs Khan said. "... |
Near-term outlook positive01 October 2004, Published under Cement NewsThe consumption of cement in India during the April-August period (for which the official figures are available) grew by 4% across the country. This lower than the normal growth rate is still a commendable performance considering the fact that the southern states, considered to be the economic power houses, posted a decline in consumption by 3.90% - say local reporters. All the major southern states registered lower off-take vis-a-vis the same period last fiscal. Andhra Pradesh’s consump... |
Moroccan cement firms face new free trade challenge30 September 2004, Published under Cement NewsMoroccan cement firms, backed by European majors, will soon face tougher competition from imports which could endanger one of the Casablanca bourse’s heavyweight sectors, industry officials and analysts say. The implementation in January 2005 of free trade deals with Egypt, and later with Turkey, are likely to drastically cut profit margins for local firms affiliated to, or controlled by the likes of Lafarge and Holcim. Cement in Morocco sells at $80/t, more than double the price in E... |
Lebanon exports to Syria increase30 September 2004, Published under Cement NewsLebanon exported about 353,373t of clinker and cement to Syria in the first half of 2004. Exports of cement from Lebanon to Syria stood at 168,468t during the period. Syria is said to be the second largest importer of Lebanese cement after Iraq, officials said. Lebanon expects to export a total 1.2Mt of cement to the Syrian and Iraqi markets in 2004, up from 472,518t in 2003. Lebanon projects a significant increase in its cement exports to the Syrian market following the recent decision ... |
Solid Cement drops petition28 September 2004, Published under Cement NewsSolid Cement drops petition against DTI Solid Cement Corp, one of the Philippine units of Cemex, has withdrawn a petition it filed before the Court of Appeals questioning the authority of the Department of Trade and Industry from pursuing a case that prevents the company from selling and distributing Island cement. But despite this, the case filed by the Bureau of Trade Regulation and Consumer Protection (BTRCP) against Solid Cement would still be pursued, Atty. Pedro Vicente Mendoza, a... |
Cement safeguards23 September 2004, Published under Cement NewsCement manufacturers want the government to retain safeguard duties versus imported cement, claiming that excess cement capacity in Asia still poses "a threat of dumping." Felix Enrico R. Alfiler, president of the Cement Manufacturers Association of the Philippines, said domestic firms remain unable to compete considering the continued rise in electricity rates and high costs of imported coal. |