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News Saudi Arabia reported to have lifted cement export ban

Saudi Arabia reported to have lifted cement export ban

Written by Global Cement staff 13 April 2016
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Saudi Arabia: Saudi Arabia has lifted a ban on exporting cement, the chief executive of Yanbu Cement has said to local press. Ahmed bin Abduh Zugail, who is also the deputy head of the Saudi national committee of cement companies, added that cement companies have welcomed the relaxation of the ban. However, full details of the new regulations are yet to be released by the Ministry of Commerce.

Local press reported in late November 2015 that government bodies were considering cutting the ban on cement exports. The ban was originally introduced in Saudi Arabia to keep prices down and production flowing for large infrastructure projects built using oil revenue.

Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Export
  • GCW246
  • Yanbu
  • National Committee for Cement Companies
  • Ministry of Commerce

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