Global Cement News

Uzbekistan/Qatar: Qatar National Cement has been named among businesses that have attended meetings with the Uzbekistan Minister of Investment, Industry and Trade. UzDaily News has reported that the minister is visiting Qatar for talks with his Qatari counterpart, as well as ‘large companies’ from the heavy industry, energy and food sectors. The Uzbekistan government is reportedly evaluating the prospects for joint implementation of large investment projects in priority sectors of the economy.

India: UltraTech Cement sold 26.7Mt of cement during the second quarter of the 2024 financial year (1 July – 30 September 2023). This corresponds to year-on-year growth of 16% from 23.1Mt in the second quarter of the previous financial year. Sales in India accounted for 25.7Mt (96%) of total volumes, while overseas sales accounted for 1.18Mt (4%).

UltraTech Cement has a cement capacity of 138Mt/yr across its 23 cement plants and 29 grinding units.

India: A 25-year-old man died after becoming trapped in a belt conveyor at a cement plant in Madhya Pradesh’s Satna District. The Free Press Journal newspaper has reported that the man had been working alone in the plant’s packing plant at the time of the disaster.

Multiple producers, including Birla Corporation, Century Cement, Jaypee Cements and Prism Cement, operate integrated cement plants in Satna.

US: Shipments of Portland and blended cement, including imports, in the US and Puerto Rico in July 2023 came to an estimated 9.3Mt, according to the United States Geological Survey (USGS). The figure was 2.1% lower than in July 2022, when 9.5Mt of cement was shipped. Of the total blended volume reported in July 2023, 4.9Mt (98%) was estimated to be Portland-limestone cement.

US-wide shipments for the January 2023 to July 2023 period came to 60.4Mt, a 2% decrease from 61.7Mt reported in the same period of 2022. The leading producing states for Portland and blended cement in July 2023 were, in descending order: Texas; Missouri; California; Florida; and Michigan. Together these five states accounted for 39% of all cement produced in the country during the month. The leading cement-consuming states were, in descending order: Texas; California; Florida; Georgia; and Ohio. Together these states jointly received 38% of all shipments in July 2023.

Nigeria: Dangote Group has described online reports that it would halve the price of its 50kg bags of cement as ‘fake news.’ Anthony Chiejine, Spokesperson for Dangote Group, was responding to apparently unfounded reports that prices would tumble on 1 October 2023.

Earlier, Bahir Ahmad, a media aide to former Nigerian President Muhammadu Buhari, saying on X (formerly Twitter) “The Dangote Group has denied the trending reports that it has reduced the price of cement.”

The online rumour is thought to have gained traction after Dangote’s rival BUA Group chair Abdul Samad Rabiu disclosed that he had discussed a substantial potential price reduction with current President Bola Ahmed Tinubu earlier in September 2023.

The prospect of lower cement prices in Nigeria is often reported, but prices remain stubbornly high. On 28 September 2023, the regional monarch of Idjerhe Kingdom, King Udurhie I, called on the new national President Bola Ahmed Tinbu to reopen the mothballed Madewell Cement Factory in Idjerhe, and five others like it throughout Nigeria, in an effort to increase supply and introduce competition to a market dominated by two or three major players.

King Udurhie toured the Madewell facility with regional chiefs, stating “It is 15 years ago that this project was brought down by cabals in the cement industry. As a King of this land, I see pain and I believe that, with the coming in of President Tinubu, a man who is business-oriented, he knows the importance of the cement sector to the Nigerian economy. The cement industry is too large for one man or one company to deal in, no individual can do this.”