CSN Cimento is closing in on Brazilian plant acquisition
Brazilian steelmaker CSN is in talks to acquire Cimento Elizabeth for roughly US$250m, the Valor Economico newspaper reports. CSN confirmed the negotiations, without disclosing ...
Weekly Newsletter
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Taiwan's producers see largely positive results in May
Taiwan’s Hsing Ta Cement has posted an 11.3 per cent YoY decline in revenue to TWD627.35m (US$22.65m) in May, compared to TWD706.92m in the year-ago period. However, in January-...
Argentina's cement market expands 35% YoY in May
Cement consumption in Argentina declined 7.8 per cent MoM to 874,187t in May 2021 but surged 34.8 per cent YoY from 648,543t in May 2020, according to AFCP, the national cement ...
Cement sales stabilise in South Africa in the 3Q20
Sales of cementitious products in South Africa edged up 0.3 per cent in the third quarter of 2020 to 3,457,438t when compared with 3,447,822t in the 3Q19, according to Levitt Ki...
JSW Group links steel and cement for large project businesses
Following the successful integration of its retail trade across steel and cement into JSW One in the east, the US$12bn JSW Group and India's largest steel producer will now have...
Steppe Cement records 14% rise in profit
Kazakhstan’s Steppe Cement has posted a net profit of US$11.1m for 2020, up 14.4 per cent YoY from US$9.7m in the previous year. EBITDA also saw a modest increase to US$24.2m fr...
Colombian demand more than triples in April
Colombia’s grey cement market expanded by 333.5 per cent in April 2021 as demand reached 1.051Mt, according to the country’s statistics agency, DANE. In April 2020 consumption f...
HeidelbergCement aims to have the first carbon-neutral cement plant
HeidelbergCement has announced its intention to upgrade its plant on the Swedish island of Gotland to become the world’s first carbon-neutral cement plant. The installation at t...
US shipments see 16% uptick in March
Total shipments for Portland and blended cement, including imports in the USA and Puerto Rico advanced 16 per cent YoY to 9Mt in March 2021, reports the US Geological Survey (US...
Iran's largest cement line inaugurated
Iran’s largest cement line at Abyek Cement Complex was put into operation on Tuesday, according to the Tehran Times. Speaking at the inauguration ceremony, Alireza Razm Hosseini...