Cement News tagged under: trading
Builders still hard hit by costly cement31 August 2004, Published under Cement NewsDespite the government’s withdrawal of five per cent import duty on cement, traders are still cashing in on the scarcity in the local market, sources said. The cement price ranges between Dh13 and Dh15 per bag in the market, depending on bulk purchase and payment terms. It is much lower than the peak price of Dh22 to Dh25 per bag, but higher than the pre-crisis level of Dh9. Some suppliers are rationing cement, mostly to clients who pay cash. A number of contractors are importing cement di... |
Oman acts to stabilise prices31 August 2004, Published under Cement NewsA price ceiling on cement has been fixed by the Omani government to prevent exploitation by retailers as demand rises. The Ministry of Commerce and Industry has fixed the cement price at 1.5 riyals per bag outside Muscat and Dhofar from September. "The decision was made after it was agreed with producers not to raise prices in response to the rise in demand for local cement," the ministry said. Apparently, some retailers have been charging higher prices on the pretext of a long waiting... |
Minister confirms cancellation of duties31 August 2004, Published under Cement NewsThe Egyptian Minister of Industry & Foreign Trade, Mr. Rashid Mohamed Rashid, confirmed the cancellation of custom duties levied on Egyptian cement imports yesterday, which pertain to 10% for bulk cement and 20% for packed cement. The decision came as a first of the ’Custom Tarrifs Ammendment’, which intends to reduce tax duties on basic economic commodities. The Minister stated that the cement industry’s oversupply is currently being directed towards exports, which sums to between US$1... |
Egypt seeks export boost25 August 2004, Published under Cement NewsEgypt’s Minister of Finance, Youssef Boutros-Ghali, and the Sudanese Minister of Industry, Jalal Yousif al-Dagir, discussed ways of boosting the trade relations between the two countries and the possibilities to raise the exports of Egyptian cement to Sudan, it was reported on August 24, 2004. During the talks, held as part of al-Dagir’s visit to the Egyptian capital Cairo, Boutros-Ghali called upon the Sudanese side to decrease the customs duties on Egypt’s cement exports. |
Ras Al-Khaimah plant import25 August 2004, Published under Cement NewsThree of the cement plants in the UAE emirate of Ras al-Khaimah have imported a shipment of a total 31,500 tonnes of cement in mid-August 2004, the emirate’s Customs and Ports Department director general, Mohammad al-Mehrizi, said. The cement was imported by Gulf Cement Company, Ras al-Khaimah Cement Company and Union Cement and has been unloaded at Ras al-Khaimah Port, al-Mehrizi added. The importers have started receiving and transporting the cement to their storage facilities. However, so... |
Solid Cement may have to close25 August 2004, Published under Cement NewsSolid Cement Corp, a Philippine unit of Mexico’s Cemex said it may have to shut down its cement plant next week unless the government lifts its order for the company to stop selling its products. The Department of Trade and Industry on Aug. 12 ordered Solid Cement to stop its cement sales after its products failed government quality standard testing. Quality testing was conducted at the request of the Department of Public Works and Highways, which uses Solid Cement’s Island brand fo... |
Chelyabinsk region expands output24 August 2004, Published under Cement NewsIn 1H 2004 the Chelyabinsk region’s construction materials sector expanded output by 6.1% y-o-y due to the growh of cement production (up 86.7%), heat-insulation materials (up 40.5%). New foreign owners of Uralcement and Katavsky Cement 4 managed to resume supplies to traditional markets in Jan-July 200, and organized efficient production, the Chelyabinsk region’s Economy Ministry said |
Appointment of permanent SCC Chairman demanded24 August 2004, Published under Cement NewsKarachi Cement Dealer Welfare Association (KCDWA) has demanded appointment of permanent chairman in State Cement Corporation (SCC). In a statement Saturday, president KCDWA Nawab Yousuf Siddiqui and other officebearers said that caretaker Chairman of SCC Zahid Aziz has refuted to carry on their duties while it was some indication that a "junior and ill-famed officer" Aslam Chandio was going to be appointed as caretaker SCC chairman. He said the consumption of cement was gradually increasing i... |
Ban on Kurdestan cement exports lifted23 August 2004, Published under Cement NewsThe manager of Bijar Cement Plant, Mansour Najafi has said that the ban imposed on the export of cement to northern Iraq a month ago was lifted on Wednesday. He told Iranian news sources that the ban had to do with the shortage of local truck transportation. "The revenue of exported cement formerly standing at US$45/t has now increased to US$55/t. Some 59,800 tons of cement are produced by Bijar Cement Plant every month, of which 10,000 tons are exported to Iraq and the remaining is used... |
Imported cement stranded at RAK port23 August 2004, Published under Cement NewsAround 40,000t of imported bulk cement is reported to be stranded at the Ras Al Kaimah port with local cement producers refusing to take the delivery of the consignment, said sources at Ras al Kaimah port. The cement has been jointly imported by three major cement factories including, Gulf Cement Factory (GCF), RAK Cement Factory and Union Cement Factory. Fifty per cent of the total imported cement consignment belongs to GCF and the rest is jointly owned by RAK Cement Factory (RCF) and Union... |