Displaying items by tag: Cement Industry Employers Association

Iran: The Ministry of Roads & Urban Development Iran has agreed to purchase 2Mt of cement from local producers. Iran's Bank Maskan, also known as the Housing Bank, will finance the road building plan and the cement producers will receive the money in cash, according to Abdolreza Sheikhan, secretary of Iran's Cement Industry Employers Association. He added, in comments to the Tasnim news agency, that he hoped the money will ease stagnation in the Iranian cement industry. Sheikhan also commented on plans to export cement to Syria and talks to remove a ban of imports of Iranian cement in Iraq.

Iran: Iran cement exports fell by 20% year-on-year to 18.5Mt in the financial year that ended on 20 March 2016 according to Abdolreza Sheikhan, secretary of Iran's Cement Industry Employers Association. In comments to the Islamic Republic News Agency Sheikhan blamed the fall in exports on security problems in the region including Iran’s main export market in Iraq. In the previous financial year Iraq represented 60% of Iran’s export market for cement.

Sheikhan noted that Iraq increased its tariffs on imports of cement to US$13/t from US$4/t in the previous year and raised tariffs to US$72/t in the latest financial year. He added that Azerbaijan had increased its cement production capacity that had also reduced its reliance on Iranian cement exports.