
Displaying items by tag: Export
Belarus to ramp up exports to Ukraine
09 August 2017Belarus: Construction Minister Anatol Chorny expects that Belarus will export 0.3 - 0.4Mt of cement to Ukraine in 2017 and to then increase cement exports to that country to 1Mt in 2018. Speaking in Minsk, Chorny was responding to ‘efforts’ by the Association of Cement Producers of Ukraine and certain high-ranking Ukrainian government officials that had earlier tried to ‘force’ Belarusian producers out of the Ukrainian market, by accusing them of providing false quality certificates. The dispute has since been settled.
Belarusian exports of building materials rose by 29% year-on-year between 1 January 2017 and 31 July 2017, noted Chorny, adding “We managed to reduce production costs and therefore the profitability of sales increased by 25-30%.”
Record July for Pakistan
07 August 2017Pakistan: The cement sector in Pakistan recorded an all-time high single month sales in July 2017 as the commodity's sales and exports grew by 44% year-on-year to 3.38Mt. The All Pakistan Cement Manufacturers Association (APCMA) said that sales and exports were 2.33Mt in July 2016. Domestic sales rose by 55% to 2.91Mt, while exports remained flat at 0.48Mt.
“The dispatch figures for July 2017 are most encouraging,” said an APCMA spokesman. “The industry has established a record for this month. Never before has the sector crossed the dispatch limit of 3Mt in July.” The spokesman added that the turnaround after a dismal performance in June 2017 had taken the industry by surprise and that the sharp increase in dispatches in July rekindled hopes for growth. “The dispatches were achieved despite political turmoil in the country and unprecedented rains throughout the country. This depicts the maturity of the construction sector in the country,” he said.
Exports to Afghanistan during the month increased by 40.3% year-on-year to 210,000t but this was off-set by a large fall in exports to India and elsewhere. Sales to India fell by 11.6% to 122,000t and to other countries sales fell by 19.0% to 144,000t.
Stronger cement demand in Argentina
07 August 2017Argentina: Cement production rose by 18.8% year-on-year to 1.01Mt in Argentina in July 2017, according to data from the local cement association AFCP. Sales including exports also climbed by 18.8%, rising by 0.9% compared with June 2017. Domestic sales, including imports, rose by 19.8% in July 2017. Domestic consumption totalled 1.01Mt in July 2017, around 1% above national consumption in June 2017.
Tunisia: Carthage Cement’s cement sales have fallen due to a ban on sales to Algeria. Its clinker production volumes fell by 27% year-on-year to 0.57Mt in the first half of 2017 from 0.78Mt in the same period in 2016 and its cement production fell by 13% to 0.72Mt from 0.83Mt. Cement export sales fell by 79% and overall its sales fell by 18% to Euro31.6m from Euro38.7m. However, the cement producer said it increased its market share in the period.
Nepal: Hongshi-Shivam Cement plans to start cement production at its new plant in Nawalparasi from March 2018. Shiva Ratna Sharada, director of the joint venture company, told the Xinhua News Agency that construction at the site is underway. Once operational the plant will have a production capacity of 6000t/day, making it the largest site in the country. The company is planning to export cement to India, China and beyond with plans to expand the unit to 12,000t/day considered.
Vietnam proposes reduction in cement export tax
24 July 2017Vietnam: The Vietnam Ministry of Planning and Investment (MPI) has proposed a reduction in its cement export tax to help ease the oversupply in the domestic market. In a recent report to the government, the MPI said that Vietnamese cement firms are seeking ways to deal with their large inventory.
Under existing regulations cement is subject to an export tax of 5% and does not receive value added tax (VAT) refunds, meaning Vietnamese cement products have become less competitive than those of China, Thailand, Indonesia and Japan. In response, the MPI has asked the government to slash the cement export tax and allow firms to benefit from VAT refunds for cement exports.
The General Department of Customs’ statistics showed that, in 2016, Vietnam exported 14.7Mt of cement and clinker with a total value of US$560m. At present, cement supply in the Vietnamese market is around 20% higher than demand.
The Vietnam Cement Association has forecast that the country’s total cement output might reach 108Mt in 2018 and 120-130Mt in 2020, leading to an unsold inventory of 36-47Mt.
Spain: The Spanish cement makers association Oficemen says that cement consumption grew by 11% year-on-year to 4.9Mt in the first five months of 2017. It attributed the rise to increased residential housing construction. The association forecasts that, if the growth continues, the consumption may reach 12.3Mt in 2017, the strongest figure since 2012.
However, exports have fallen by 7.6% to 3.76Mt. Oficemen said that this decline has reduced the benefit of improvements in the domestic market and kept production capacity levels of 50% at cement plants. It also raised recent increases in electricity costs as cutting the competiveness of the industry’s exports.
Saudi Arabia cuts cement export duties
07 July 2017Saudi Arabia: The trade ministry has cut the export duty on cement by 50%. It has also cancelled all export tariffs on steel for two years to encourage local producers, according to Reuters.
Bhutan: Manufacturers fear that India’s Goods and Services Tax (GST) may reduce exports of cement. Input costs such as coal and limestone may fall in India when rates decrease following the introduction of the new tax regime on 1 July 2017 said Naman Sidarth of the Ims Taxo service in a presentation to the Bhutan Chamber of Commerce and Industry (BCCI), according to the Kuensel newspaper. India is the main target of cement exports from Bhutan and it has previously benefited from the differing taxes implemented between its states. The new GST will amalgamate taxes levied by the central and state governments.
Government to reduce Taiwan’s cement export cap
20 June 2017Taiwan: Vice Minister of Economic Affairs Yang Wei-fuu says the government plans to lower the cap on cement exports from over 20% of total output to 15% on environmental grounds. The ministry is also preparing an environmental impact assessment (EIA) policy for the development of the cement industry, according to the Central News Agency. The policy is scheduled to be completed by June 2018 and be submitted to the Environmental Protection Administration. The decision follows public outcry over the alleged expansion of the quarry at Asia Cement’s Hualien plant, which is partly located in a national park.
According to ministry data, Taiwan's cement exports reached 51% of total output in 2009 and 36%, 24%, 24% and 27% from 2013 to 2016 respectively. The ratio was at 25% in the first four months of 2017. Once an amendment to the Mining Act and environmental assessment regulations come into effect, many cement mining projects are expected to be affected. The ministry also intends to find alterative sources for the cement industry’s demand for raw materials.