Aug 24

Finance minister asks cement producers to reduce prices

ISLAMABAD: Finance Minister Shaukat Tarin has emphasized to reduce the prices of cement as the industry is of paramount importance due to its backward and forward integration with the construction sector as a whole. The finance minister held a meeting with the representatives of cement manufacturers at the Finance Division on Tuesday. Federal Minister for […]

by Hamza Shah

Help sought as South Africa imposes anti-dumping duty

Apr 17

Trade & Industry

Help sought as South Africa imposes anti-dumping duty

KARACHI: Chairman Pakistan-South Africa Business Forum (PSABF) Mohammad Rafiq Memon has said that Pakistan’s cement exports to South Africa have suffered terribly during the last couple of years because of the anti-dumping duty imposed by the South African government that resulted in shrinking cement export to around US$100 to US$150 million which was around US$700 […]

by Faisal Shah

Cement exports increase by 52 percent in eight months

Mar 6

Corporate

Cement exports increase by 52 percent in eight months

KARACHI: Pakistan’s cement exports registered unprecedented growth of 52 percent during first eight months (July – February) of fiscal year 2018/2019 mainly on the back of rupee depreciation and focus on low margin exports. The export of cement rose to 4.65 million tons during first eight months of current fiscal year as compared with 3.05 […]

by Faisal Shah

Cement dispatches down to 3.87 million tons in December

Jan 10

Corporate

Cement dispatches down to 3.87 million tons in December

KARACHI: Provisional cement data for the month of December 2018 indicates a 1 percent MoM decline in dispatches to 3.87 million tons (November 2018 at 3.90 million tons) owed to weak demand in peak winter season and holidays on account of New Years. Analysts at Arif Habib Limited on Thursday said that a minor 4 […]

by Anjum Shah