Cement Net Report: Ignoring the Government's Price Limit Order, Mali's Cement Price Is Strong, 1500 ~ 1650 yuan/ton

The Malian government announced a "strong economic recovery", but the soaring price of cement dragged the national treasury and the people's dream of building houses into a quagmire. The "price limit order" issued by the Minister of Industry and Commerce failed in the building materials market in Bamako, the capital, and the retail price was about 10% higher than official cap line. Compared with neighboring countries, the price of cement in Mali is high. Because of the inland disadvantage, tight foreign exchange reserves and lack of government control, "price limit" has become a slogan. Ordinary people stopped building houses, related practitioners went out of business, and the economy was affected. Previously, the effect of sugar regulation was not good, and people only hoped to buy low-cost cement.

2025-09-11 10:33:34

On September 8, 2025, President Nguema of Gabon announced a nationwide ban on the import of clinker from January 1, 2027. Gabon has lost its own clinker production capacity since 2014, and imported clinker has swallowed up a large amount of foreign exchange. The President called for the resumption of competitive local clinker production within one year, leaving a 365-day window for investors. Morocco, Turkey, Nigeria and other enterprises have relevant investment plans. The entry into force of the ban is conducive to stabilizing public works, saving foreign exchange and creating jobs, and whether the rotary kiln can be restarted in the next 15 months has attracted much attention.

2025-09-11 10:10:11

At the 4th Intra-African Trade Fair in 2025, Algerian Holcim El Djaza Djazaïr declared that it had accounted for 35% of the country's total cement exports, with annual shipments of about 3.4 million tons, more than 40% of which were exported to Africa. Around the "African Cement Hub", the company invested heavily to improve logistics and run through the industrial chain to reduce costs and increase revenue. Faced with the EU mechanism and the demand for green building materials, it has created a "low-carbon" growth curve and launched the "three green swordsmen". The company reiterated its intention to become a "leader in high value-added building solutions" and to be deeply involved in Africa's economic development.

2025-09-11 09:53:41

Morocco's construction industry continues to grow strongly. By the end of August 2025, the national cement delivery volume reached 9.63 million tons, an increase of 10.38% over the same period last year, indicating the simultaneous expansion of infrastructure and real estate projects. The demand structure is diversified, and distribution channels and ready-mixed concrete have contributed. In August, 1.34 million tons were delivered, an increase of 6.54% over the same period last year, and the continued growth was not affected by the season. Cement sales are in line with national projects such as the "2030 World Cup", which is a barometer of investment enthusiasm and confidence. Double-digit growth speeds up public and private projects, promotes employment and regional economic diversification.

2025-09-11 09:10:59

In the first half of 2025, the total output of cement in CIS countries was 50.4 million tons, an increase of 1.6% over the same period last year, with significant differences within the region. Russia accounted for more than 55%, but output fell by 7.7%, as weak demand and blocked exports dragged down regional growth. The Central Asian plate jumped collectively, with double-digit growth in Kazakhstan, Uzbekistan and other countries. The Caucasus region showed a trend of "one stability and two declines", with a slight decline of 4% in Azerbaijan and 18.1% in Armenia, mainly due to low demand, import shocks and equipment maintenance.

2025-09-10 09:24:50

In the first half of 2025, Iran's economic growth was sluggish and close to zero due to geopolitical tensions, international sanctions, currency devaluation and inflation pressures. The related housing and infrastructure investment sectors did not perform well, and cement consumption was affected. According to the data of Iran Cement Association, Iran's cement consumption from January to July was 34.559 million tons, down 7.3% from the same period last year, highlighting that under the complex situation, Iran's economic downturn has had a negative impact on the cement industry, and the overall economy and related industries are facing severe challenges.

2025-09-08 10:30:07

Senegal is a bright spot in West Africa's economy and is moving towards prosperity. The International Monetary Fund predicts that its GDP will grow by 8.4% in 2025, making it one of the fastest growing economies in sub-Saharan Africa, thanks to the development of the oil and gas industry and government investment in infrastructure. In the first half of 2025, Senegal's cement demand grew steadily, with a total increase of 4% year-on-year, reflecting the strong demand for construction. Although the domestic cement output decreased by 3.3% year on year, the market vitality remained unchanged. The decline in production may be related to costs and supply chains, with considerable long-term potential, and the government's strategic plan will promote infrastructure investment to support production.

2025-09-05 10:52:31

In September 2025, the price of cement in Pakistan was relatively stable. Although construction projects were blocked and transportation costs increased due to floods, the price of major brands only fluctuated slightly, with a price range of 1380-1430 rupees per bag. The price of each brand was different due to different positioning, and most companies competed at the price of 1400 rupees. In terms of sales, the growth momentum in August was slower than that in July, but still improved compared with the same period last year. The sales volume of cement in August was 3.097 million tons, an increase of 10.33%, the export volume was 749,723 tons, an increase of 22.13%, and the growth figures in July were stronger.

2025-09-04 09:29:59

Kenya's cement industry is undergoing a major structural transformation. At the end of 2024, Holcim Group withdrew, Amsons Group took over the majority of Bamburi Cement Company and planned to make new investments, and its affiliated company Kalahari Cement was approved to acquire part of Portland Cement in East Africa. Savannah Cement was also acquired by the consortium. Energy costs are a challenge, and some companies are looking for power solutions. In the first half of 2025, the output and consumption of cement increased by 17.3% and 22.1% respectively compared with the same period last year. In May, the output and consumption reached the stage peak. The demand growth was due to the stable demand in many fields and the high price of bagged cement, which did not lead to the expansion of new supply.

2025-09-04 09:20:48

Recently, the UK Mineral Products Association (MPA) said that cement production was "increasingly threatened" by rising energy, regulatory and labour costs. UK cement production in 2024 will be about half of what it was in 1990. The decline in production may undermine the government's ambitions for housing, infrastructure and other projects. Rising costs, changes in carbon tax policies and an increase in cheap imports are the main reasons. MPA called on the government to reduce electricity prices and help domestic production compete fairly. The Ministry of Commerce and Trade said it was increasing support for energy-intensive enterprises. In addition, problems such as reduced construction demand, rising costs and labor shortage also plague the construction industry.

2025-09-04 09:04:32

Recently, Holcim completed the divestiture of its Nigerian business and sold 83.81% of Lafarge Africa to Huaxin Cement for $1 billion. Lafarge Africa's market value on the stock exchange fell about 10% on Tuesday as a legal dispute affected investor sentiment. Despite its good results in the first half of 2025, CardinalStone raised its target price, but the stock price still showed a downward trend. The market is concerned about a lawsuit from a minority shareholder strategy consultancy, which accused Holcim of violating Nigerian law by selling its stake. In June, the court ordered the parties to maintain the status quo pending the outcome of the appeal. The transfer of a majority stake to Huaxin Cement has potential upside risks.

2025-09-03 11:37:49

Swiss cement giant Holcim has sold its Nigerian operations to Huaxin Cement for an equity value of $1 billion, pending regular and regulatory approvals. The head of Holcim Asia, Middle East and Africa said he was pleased to find Huaxin Cement as a reliable buyer, and that the proceeds from the sale could support capital allocation. The sale is part of Holcim's divestiture plan, which follows the sale of its Uganda and Tanzania businesses to Sarai Group and Anson Group respectively in 2023, and is aimed at consolidating its strategic focus in its core markets.

2025-09-03 11:27:54

Cimento Itamb Itambé, a 48-year-old company in Paraná, Brazil, is confident about the future of the construction industry. Recently, it invested 500 million reals to build a new cement kiln in Balsanova plant in Curitiba metropolitan area, which increased the annual production capacity by 600000 tons to 3 million tons per year. The new kiln has excellent energy efficiency and uses advanced equipment to reduce the use of fossil fuels and automate the process. This not only consolidates the company's supply capacity and market position, but also reflects its commitment to sustainable development, and also handles a large amount of industrial waste to help the development of its home state of Paraná.

2025-09-02 10:33:26

In the first half of 2025, the U.S. construction market slowed down as a whole due to factors such as high interest rates, labor shortages, rising material costs and tariff policies. Construction spending totaled $103 billion 610 million, down 2.2% from a year earlier. The decline in residential construction is the main reason, and private investment is cautious, which is basically the same as the same period. Nonresidential construction grew, driven by manufacturing and data centers. However, due to the uncertainty of tariff policy, more enterprises postpone projects, which to some extent hinders the further development of the construction market.

2025-09-02 10:08:34

Nuvoco Vistas Corp, a unit of India's Nirma Group, has announced an investment of 2 billion rupees to upgrade cement production capacity in East India. It is planned to add 4 million tons/year grinding capacity by the end of fiscal year 2027 through new grinding plants and bottleneck mitigation projects, which will be gradually realized in stages. In the next 18 months, East India's production capacity will increase from 19 million tons per year to 23 million tons per year, exceeding 20%. The goal is to reduce costs, improve utilization and expand scale. As of the first quarter of fiscal year 2026, the production capacity was considerable, the net profit in the quarter increased sharply, the sales volume increased by 6%, and the company was optimistic about long-term growth.

2025-09-02 09:43:12

Deputy Chief Minister of Economic Affairs Abdul Ghani Baladar attended the foundation laying ceremony of the third phase of the construction of the Ghazi Cement Plant in Baghlan Province recently launched by the Taliban in Afghanistan. The plant was built in the 1950s, after plans to expand production were shelved due to conflicts and funding problems. The production capacity of Phase I and Phase II is 400t/d and 1000t/d respectively, and the daily output will reach 5000 tons after the completion of Phase III. The National Development Corporation is responsible for the project, with an investment of 86.8 million US dollars, which is expected to be completed in 18 months. Baladar called this an important step in industrial development, which can help rebuild, stabilize prices, create jobs and reduce import dependence.

2025-09-01 10:18:14

In August 2025, large-scale protests and riots broke out throughout Indonesia, causing social unrest and unprecedented challenges for the cement industry. Previously, Indonesia's cement industry has been affected by infrastructure slowdown, weak demand and environmental pressure. The riots caused transport hubs to be blocked, affecting the supply of raw materials and the distribution of finished products, increasing production costs, delaying many projects and reducing construction demand. The stock market and bond market are under pressure, and the outflow of foreign capital delays the recovery of the industry. China's cement companies in Indonesia have also been hit. In the short term, the industry may decline and costs will rise. If the government quells the riots, it may take advantage of the rebound in infrastructure investment.

2025-09-01 09:55:26

According to the Indonesian Cement Association (ASI), Indonesia's domestic cement sales in the first half of 2025 were 27.7 million tons, down 2.5% from the same period last year. The slowdown in domestic infrastructure projects has led to a decline in overall demand for cement in Indonesia. From the perspective of regions, except for Sumatra and Maluku-Papua, which achieved growth in cement sales due to the demand for infrastructure projects, the sales of cement in other regions showed a downward trend, and the overall cement market was significantly affected by the progress of infrastructure projects.

2025-08-29 10:51:25

In the first quarter of 2025, Turkey's GDP grew by 2%, 3.4 percentage points slower than same period last year, government expenditure and fixed asset investment slowed down, and economic growth in the second quarter did not meet expectations. Affected by this, Turkey's domestic cement sales declined by 2.44% from January to April 2025, and domestic demand shrank slightly. In addition to the sharp increase in cement sales in specific regions, other regions have shrunk significantly, such as Marmara, Aegean Sea and Black Sea.

2025-08-28 11:47:39

Cement production in Syria has declined over the past few years due to inadequate funding, aging plants, lack of spare parts and the closure of many plants due to Western sanctions. However, a new phase may now be ushered in, which may allow Syria's cement industry to get out of trouble. This change indicates that the Syrian cement industry is facing new development opportunities, and it is expected to overcome many unfavorable factors before and gradually move towards the right track of development.

2025-08-27 10:42:28

In the first half of 2025, Vietnam's GDP grew by 7.52%, up 1.1 percentage points from the same period last year, and the economy grew steadily. The construction industry is booming, and Vietnam's cement production reached 49.8 million tons, up 18% year-on-year, driven by accelerated investment in public infrastructure (transportation, affordable housing, etc.). This growth rate is the second high-speed growth after the contraction of cement demand and production in 2023 and the stabilization in 2024.

2025-08-27 09:48:13

Since Israel launched a war against the Gaza Strip on October 7, 2023, the total amount and quantity of Egyptian cement exports to Israel have increased significantly. In 2024, the total export volume increased by 29 times and the quantity increased by 45 times compared with 2022. In the second half of 2024, Israel's dependence on Egyptian cement continued to increase. After Turkey's export restrictions, Egypt filled the gap, and Israel rose in the ranking of Egyptian cement export destinations. Despite the increase in export volume, the export price of Egyptian cement has continued to decline.

2025-08-26 10:07:39

Since the beginning of the year, the price of Libyan cement has soared from 71 dinars to 91 dinars per quintal. The price increase is the result of a combination of factors such as insufficient supply, increased demand, operational challenges of cement plants, speculation and lack of government intervention. As a result, the cost of contractors has increased dramatically, projects have stalled, people are dissatisfied and dreams have been delayed. Economic analysts point out that this reflects market chaos and lack of economic policy, which, if not addressed, will slow down reconstruction projects and increase inflation.

2025-08-26 09:51:22

MSM Group, which has been active in the oil and gas sector since 2017, has announced the construction of a $600 million cement plant with an annual capacity of 12 million tons in Kebbi State, Nigeria. The Nigerian cement market is highly competitive, dominated by Dangote and BUA Cement, with new entrants such as MSM and Mangal Industries changing the landscape. Nigeria has a high demand for cement, and new entrants are expected to lower prices and create jobs. The entry of MSM may trigger price adjustment, and Huaxin Cement also has relevant acquisition plans.

2025-08-26 09:19:16

Malawi has decided to import cement from Zambia due to domestic cement shortages and rising prices. The government has imposed a 10% surcharge and a 10.5% guideline on imported cement to support local businessmen, but the price of cement has risen sharply. As a result, the government removed the 10% surcharge, and Zambian cement has started to arrive in Malawi, where prices are expected to fall. In addition, Cement Products Limited and Portland Cement Limited are committed to increasing supply to the central region, where supply problems are most prominent in the north.

2025-08-25 09:40:52

As of July, Peru's cement consumption increased by 3.7%, mainly driven by self-built projects, with varying degrees of growth in the northern, central and southern regions. In the first half of 2025, the sales of construction steel bars increased by 13% compared with the same period last year, which also showed the strength of self-built projects. At the same time, the demand of the real estate industry is high, and Lima's new mortgage loans increased by 31% year-on-year in the first half of 2025. These data show that Peru's self-construction projects and the real estate industry are showing a positive development trend.

2025-08-22 10:01:49

The Philippine Tariff Commission announced that it would continue to impose anti-dumping duties on specific cement from Vietnam to protect the domestic cement industry, which would be effective for the rest of the original five years. Although the tariffs of some Vietnamese exporters have been adjusted, most of them remain unchanged. Although anti-dumping duties have played a role and the import volume has declined, dumping has continued and the import volume of dumped products is still considerable. If anti-dumping duties are removed, the situation may worsen, as a number of factors contribute to the recurrence of dumping and exporters who have withdrawn may re-dump.

2025-08-22 09:20:38

The Environmental Management Agency of Zimbabwe (EMA) ordered Wih-Zim Cement to halt construction of the Magunj plant. The company was fined $5000 and received an enforcement order for violating the environmental impact assessment (EIA) conditions and failing to compensate the relocated families. The inspection found that at least 20 families had lost their farmland, and some families still lived in the project. The company has not fulfilled the relocation requirements to carry out a number of construction, has not yet obtained the certificate of community land occupation, EMA said that the project can not be promoted without compensation for relocation according to law.

2025-08-21 10:01:58

Chaoke Cement will become the world's largest cement seller outside China, a year ahead of schedule, thanks to capacity expansion and acquisitions. New capacity of 42.6 million tons/year in fiscal year 2025. Financially, there will be net income and profit in fiscal year 2025, and related indicators will increase in the first quarter of fiscal year 2026. It has achieved remarkable results in sustainable development and increased the capacity of green energy. The company's growth is in line with India's macroeconomic performance, and the chairman reiterated the group's business philosophy.

2025-08-21 09:39:26

Cement production in Uzbekistan increased significantly in the first half of 2025. Cement production in the first half of the year was 9.1582 million tons, an increase of 1.4029 million tons over the same period last year, according to the National Statistics Committee. The output increased by 18.2%, which reflects the positive results of Uzbekistan's cement production, reflects the good development of the country's related industries, and has a positive role in promoting the development of cement-dependent industries such as construction.

2025-08-19 15:30:48

In the first half of 2025, the total value of goods produced by Kyrgyzstan's factories and enterprises reached 238.2 billion som, an increase of nearly 10% over the same period last year. The output of metal and metal products accounted for more than half, ranking first; the food industry ranked second, and the domestic production of related products was active; the production of building materials, plastics and rubber products ranked third. This shows the country's production results in these areas, and the various industries jointly contribute to the growth of the overall production value.

2025-08-18 13:56:08

Russia plans to resume the compulsory certification system for imported cement to protect the domestic market against the problem of low-quality cement overseas. At the same time, the country will expand the scale of domestic cement production and launch four large-scale investment projects by the end of 2026, increasing the annual production capacity by 2.7 million tons, with a total investment of more than 20 billion rubles. In addition, the First Deputy Prime Minister of Russia also requested an analysis of the economic feasibility of cement concrete technology in road construction and a comparison of housing construction plans and cement production needs until 2027.

2025-08-18 13:13:05

Cement prices fell due to heavy rains and floods across Pakistan. The average price of 50 kg cement bags dropped to Rs 1,412, down Rs 36 from last year. Prices vary significantly from city to city, with a maximum of Rs 1,510 in Quetta and a minimum of Rs 1,340 in Bannu. There are different prices in major cities and other regions. The decline in cement prices is related to the reduction of construction activities and the impact on demand caused by heavy rains and floods.

2025-08-18 11:54:07

Vietnam Cement Group (Vicem) turned a profit in the first half of 2025 after two consecutive years of losses. The parent company's profit in the first half of the year was nearly 193 billion rupiah, and the consolidated profit exceeded 34 billion rupiah. This profit news was announced at the work summary in the first half of 2025 and the task deployment meeting in the third quarter. This achievement is of great significance to Vietnam Cement Group, marking the improvement of its operating conditions, and laying a good economic foundation for its follow-up development and the completion of the third quarter tasks.

2025-08-15 14:58:14

Saudi Arabia's Qasim Cement Company signed a $298 million EPC contract with China's Sinoma International Engineering Company to build a fourth production line at the Burai plant. The new production line has a daily clinker production capacity of 10000 tons and a contract period of 24 months. The project uses the latest technology to replace inefficient equipment. The CEO of the company said that this is in line with Saudi Arabia's energy and environmental objectives and is a key step in the company's sustainable growth strategy, helping to maximize shareholder value, meet domestic demand and diversify product supply.

2025-08-15 10:53:15

Lafarge Africa expects historically good earnings performance in fiscal year 2025, with analysts forecasting revenue of 1 trillion naira. Despite the decline in stock market value, the valuation is still high. CSL reiterated its "buy" rating. In the first half of 2025, many data of the company increased significantly year-on-year, and cost optimization measures helped to improve profits. Although the prospects are generally strong, there are uncertainties in the proposed acquisition by Huaxin Cement, and legal disputes initiated by strategic consulting companies may lead to delays in the transaction and bring uncertainties to the prospects.

2025-08-11 10:57:19

Significant growth in Saudi Arabia's cement industry in Q2 2025. The total sales volume of 17 cement producers reached 13.13 million tons, up 21% year-on-year. The growth was mainly due to local demand, with local sales accounting for 97% of total shipments, up 23% year-on-year, while exports fell 16%, accounting for only 3% of total sales. The data, compiled by Riyadh's Al Yamama Cement Company, shows that the development trend of the Saudi cement industry is dominated by local demand.

2025-08-11 10:23:04

Cemros, Russia's largest cement producer, announced that from October 1, 2025, the management company and factory employees will work four days a week. This was due to a reduction in cement consumption and an increase in the market share of imported cement, a decision that was "forced but balanced" in order to maintain long-term stability and social balance in unstable times. The company has 18 factories and mining sites that will resume normal operations as soon as domestic demand recovers, and management is committed to retaining qualified employees.

2025-08-08 11:46:53

After three consecutive years of sharp decline in exports, Vietnam's cement industry recovered briefly in the first half of 2025, with an export volume of 16.8 million tons and an export value of 630 million US dollars, an increase of 6.7% and 4.4% respectively. However, it has recently encountered adverse news from the export market. This shows that although Vietnam's cement industry has experienced periodic recovery and development, it still faces many challenges, its development trend is affected by many factors, and its future trend is full of uncertainty.

2025-08-05 15:25:17

On August 1, the government will issue regulations to restrict the import of 50 kilograms of pre-packaged cement. The country consumes 650,000 tons of cement annually, and 450,000 tons are supplied to the retail market by Namibia and South Africa in 50 kg packages. The country's three producers are expected to meet domestic demand when they complete their expansion, but logistics, especially rail transport, limit their distribution. This regulation aims to promote the development of local production and related industrial chains, reduce import dependence, but also solve the logistics problems faced by local producers.

2025-08-05 10:48:41

The CEO of CRH said that the acquisition of Eco Material strengthens its position as a leading cement-based material producer in North America and demonstrates the rigor of capital allocation. Headquartered in Utah, USA, Eco Material has a wide range of business and cooperation with many parties, as well as production capacity under construction. The chairman of Eco Material said he was pleased to work with CRH. The transaction, which is subject to regulatory approval, is expected to close in 2025, with CRH using its own cash and an unchanged credit rating. Eco Material is a leading producer of sustainable cement alternatives in North America, and its technology has many advantages.

2025-08-05 09:54:35

Dangote Cement, Africa's largest cement producer, plans to open a cement grinding station with an annual capacity of 3 million tons in Ivory Coast in the third quarter of 2025. Its exports from Nigeria increased year-on-year, and clinker was shipped to Ghana and Cameroon. The company's strategic focus is to create long-term value and make progress in cost optimization. The company's strong profit growth was helped by the stability of the naira and the rise in cement prices. It has 48.6 million tons of annual production capacity in Africa and has restarted the construction of a cement plant in Nigeria.

2025-08-05 09:37:08

Domestic sales of South Korea's cement industry fell below 20 million tons for the first time in the first half of the year, hitting a 33-year low. Sales fell 17.4% year-on-year, plunging 27.5% in just two years after peaking in 2023. The decline is due to the decline in shipments caused by the recession in the construction industry, which will affect the performance of major cement companies. Although the decline in sales may narrow in the second half of the year, the construction industry is unlikely to rebound, and government budget cuts and environmental regulations are limiting sales growth.

2025-08-05 09:30:54

Togolese cement manufacturers accelerate decarbonization efforts, and industry leaders at the Lomé meeting proposed two strategies to reduce carbon dioxide emissions by 2050. The first is to reduce the clinker coefficient, focusing on the use of LC3 cement, aiming to reduce the clinker content from 65% to 40%, which can reduce carbon dioxide emissions by 40%; the second is to increase the use of alternative fuels, replacing coal with agricultural or urban waste. Local cement production is estimated to generate 900,000 tons of carbon dioxide in 2023, doubling in 2050 without intervention. The manufacturer sought to cooperate with the authorities and the strategy was presented to the Government.

2025-07-25 17:25:07

The Cahya Mata Sarawak Berhad (CMSB) awarded the EPCC contract worth RM673 million (approximately RMB1.14 billion) to Tianjin Cement Design & Research Institute Co., Ltd. (TCDRI). TCDRI will build CMSB's second cement clinker production line in Kuching, Sarawak, which is expected to be completed in 21 months, with first production in April 2027 and full commissioning in June. The new production line has a daily output of 6,000 tons, which can double production capacity, reduce import dependence and support local infrastructure, and has been approved by the Sarawak government.

2025-07-25 17:06:48

With the rapid restructuring of the cement industry in South Korea, the total domestic market share of Hanyi Cement and Hanyi Hyundai Cement is about 21.8%, surpassing Ssangyong Cement to the first place, and the total market share of the top three is about 62%. Hanyi Hyundai Cement will be renamed Hanyi Cement. In addition to the three giants, Miura Cement and Chengxin Cement followed closely, with a total share of 8.6% for small enterprises. The merger is based on multiple considerations, and the president of Hanyi Cement said it would reduce duplicate investment to achieve sustainable growth.

2025-07-24 11:32:16

Dar Cement Co., Ltd., Aden Free Zone, Yemen, launched the first batch of products to enter the construction and building materials market. The company will supply 50 kg of the new Portland cement, which will be produced according to European and American standards. This is due to years of strategic planning and efforts to introduce advanced production lines and employ high-quality talents. Products are rigorously tested and the company adheres to high standards from procurement to distribution. The company calls on all parties to try products, and plans to expand production to meet more demand and enter the regional market. The plant has an investment of 50 million US dollars and an annual output of 500,000 tons of cement in the first stage.

2025-07-22 09:45:43

Algeria's Minister of Housing, Cities and Territories announced at the 44th annual meeting of Shelter Afrique that the country had moved from dependence on imports to self-sufficiency and export of building materials. Thanks to the strategic vision and the will of the state, the output of building materials such as cement and steel bars is considerable, and the industrial capacity has greatly increased. As a result, the country is able to meet domestic demand and export, and the construction and public works sector, which accounts for about 12.9% of GDP, has become a strategic pillar of development and regional integration.

2025-07-18 10:36:41

Reuters reported on July 17 that some U.S. solar module manufacturers asked the U.S. Ministry of Commerce to impose tariffs on imports from Indonesia, India and Laos, accusing companies in these countries of dumping cheap goods in the market to weaken the competitiveness of new U.S. factories.

2025-07-18 10:09:36

Portland Cement (Malawi) Limited, a subsidiary of Huaxin Cement, is nearing completion of its cement manufacturing complex in Baraka District. The project invested 200 billion kwacha, and the annual production capacity increased from 300000 to 800000 tons after putting into operation. It is expected that this year's operation will directly create 500 jobs and indirectly create 3000 jobs, reduce imports, increase foreign exchange earnings and promote technological progress. The project will be unveiled by the President on July 25, 2024. The project is in line with the Malawi ATMM strategy and the company has been complying with local requirements and regulations.

2025-07-15 09:55:34