Tuesday, November 21, 2017

India: Supreme Court bans petcoke use, affecting cement makers

India: on October 24, 2017, the Supreme Court ordered a ban on the industrial use of petroleum coke (petcoke) and furnace oil in the National...

Russia: cement price slightly lower in September

Russia: after several months in which the average cement price had broke records for the current decade, it slightly decreased in September. According to the...

India: 2 cement makers resume old cement prices in Himachal Pradesh

India: Ambuja Cement and ACC have agreed in principle to reduce the cement price by INR 5 per bag in the state of Himachal Pradesh, with...

Mexico: CANACEM to offer discounted cement price for earthquake victims

Mexico: the National Chamber of Cement Industry (CANACEM) announced that not only cement prices will not hike, but discounts will be given to the victims of...

Pakistan: 3rd consecutive cut in cement prices in North

Pakistan: the cement manufacturers in the north of the country, which comprises Punjab and Khyber-Pakhtunkhwa provinces, have reduced prices by PKR 10-15 to PKR 480-495 per 50kg...

Kazakhstan: Steppe Cement reports 9M17 operational results

Kazakhstan: Steppe Cement Ltd, listed on the London Stock Exchange, announced its operational results in the first 9 months of 2017. The company's revenue during the...

China: cement prices continue to rise

China: national cement prices continued their upwards trajectory, having risen by another  1.1% year-on-year last week. In the provinces of Jiangsu, Anhui, Zhejiang, and other areas...

India: cement prices bounce back in 2Q18

India: after a sligh decrease reported in August, the average retail cement price jumped by INR 12 per bag in the second quarter of...

India: rising petcoke prices put cost pressure on cement makers

India: petroleum coke (petcoke) prices, which declined modestly in August, have begun to harden, affecting cement manufacturers. Many Indian cement makers rely on imported petcoke that...

Ghana: cement makers ask for review of clinker valuation

Ghana: cement manufacturers want the Customs Division of Ghana Revenue Authority (GRA) to change its valuation on the importation of clinker. George Dawson-Ahmoah, Chairman of the Cement...

Nigeria: capacity increase leads to drop in cement price

Nigeria: this month, the price of cement dropped by 3.8% to NGN 2,500 per 50 Kg bag, according to local press. The main reason for...

India: ICRA revises cement demand growth in FY18 to 4%

India: in a latest report, ICRA Ratings agency has downgraded its forecast on cement demand growth to 3.5-4% in FY18 due to a delay...

South Africa: PPC reports 5M18 operational results

South Africa: in an investor presentation prepared for the RMB Morgan Stanley Big Five Investor Conference, PPC Ltd. has provided an operational update for...

China: cement prices expected to surge in 4th quarter

China: cement prices are expected to rise from the 4th quarter as construction activity picks up and supply remains constrained. Cement prices are likely to increase significantly in...

Ukraine: increase in rail freight tarriffs affects cost of cement

Ukraine: the Ministry of Infrastructure voted to raise tariffs for rail freight transport by 22.5% from October 1, 2017, consequently affecting the cost of cement. On...

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