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Dry Bulk Market update 29 April 2024 market witnessed challenging conditions, particularly impacting larger bulkers across various segments. Capesize vessels faced a tough week with persistent negativity in both the Pacific and Atlantic regions, resulting in decreased rates and limited... Type: Article Category: Markets & trade Dry Bulk Index declines 29 April 2024 Eagle Bulk merger, propelling Star Bulk's market capitalization and consequently lifting the overall index. Charter rates faced initial setbacks in April due to reduced ton-mile demand following the closure of the Port of Baltimore. Nonetheless,... Type: Article Category: Markets & trade Seshasayee Paper & Boards faces profit decline 29 April 2024 March 2024, while sales experienced a decline of 13.49 percent to INR 1801.83 crore. These numbers underscore the challenges faced by Seshasayee Paper & Boards in maintaining profitability and revenue amidst market fluctuations and economic... Type: Article Category: India Fancesa loses Santa Cruz cement market dominance 29 April 2024 cited as the primary reason for this market displacement. Former executives and industry experts highlight the challenges faced by Fancesa, including increased competition from domestic producers like Itacamba and imports from Brazil. Concerns are... Type: Article Category: Markets & Competition Bamburi Cement faced 111 power outages last year 26 April 2024 Cement manufacturer faced various power outages due to load shedding in Mombasa (CW Group) Bamburi Cement faced 111 power outages last year, leading to operational disruptions and increased costs, primarily attributed to load shedding in Mombasa,... Type: Article Category: Markets & Competition Growth marks March in Chinese timber market 26 April 2024 Timber Index (GTI) revealed a notable expansion in China's timber market during March 2024. While the global timber market faced sluggishness in the initial months of the year, certain countries, including China, exhibited signs of recovery as March... Type: Article Category: China Bamburi Cement posts strong FY2023 performance 19 April 2024 the previous year, with a profit after tax of KES 670 million compared to KES 258 million in FY 2022. However, the company faced challenges, posting an after-tax loss of KES 399 million due to discontinued operations in Hima Cement and tax liabilities.... Type: Article Category: Financial Building materials market faces price shifts 19 April 2024 the crisis on public works, Fernández reveals significant layoffs and prolonged payment delays, exacerbating the challenges faced by construction companies. He underscores the severity of the situation, with many companies struggling to meet financial... Type: Article Category: Construction Iron Ore market turmoil 18 April 2024 paid subscribers.","link":"1"}]According to ShareCafe, despite China's steady steel production in March, the iron ore market faced a 2.3 percent decline in Singapore. China's March crude steel output decreased by 7.8 percent year-on-year, contributing... Type: Article Category: Other Paper industry's path 18 April 2024 a rebound for the paper industry in 2024 following a sharp decline in production in 2023. In 2023, the paper sector faced unprecedented challenges, with a significant drop in paper consumption leading to a 13.5 percent reduction in production in France... Type: Article Category: Europe & Central Asia Iron Ore surges amid shipping declines and China stimulus hopes 17 April 2024 further fueled expectations for government intervention. Despite challenges in the property sector and liquidity pressures faced by companies like Vanke, hopes for stability and debt reduction strategies contributed to market optimism. Steelmaking... Type: Article Category: Markets & trade Belarusian Cement Company subsidiaries reported losses in 2023 16 April 2024 Government steps in to aid struggling plants in Belarus (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Sputnik writes that three plants under the Belarusian Cement Company... Type: Article Category: Markets & Competition Saudi cement sales in March declined by 14 percent year-on-year 16 April 2024 experienced increased sales, led by Umm Al-Qura Cement with a significant 35.87 percent year-on-year rise, most producers faced declines. Notably, Northern Region Cement saw a substantial drop of 63.27 percent year-on-year, followed by United Cement... Type: Article Category: Markets & Competition Chornomorsk port transport restrictions continue 16 April 2024 terminals at Chornomorsk Port, caused by a missile strike on April 10. This extension underscores the ongoing challenges faced by the transportation sector in the aftermath of the recent conflict, emphasizing the importance of swift and effective repair... Type: Article Category: Ports & handling Cement industry struggles in Shandong amid price decline 15 April 2024 Challenges faced in 1Q2024 with decreased demand (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]The Shandong cement industry experiences significant setbacks in the first... Type: Article Category: Volume & Pricing Optimistic trends in bulk shipping markets 15 April 2024 Mediterranean and Continent. The Indian Ocean region also saw increased activity, further buoying rates. Handysize vessels faced muted activity amidst global holidays, with limited cargo availability in the South Atlantic and Asia. Rates remained soft... Type: Article Category: Markets & trade Paper's prospects post-2023 turmoil 15 April 2024 the paper sector is analyzed, shedding light on the industry's intertwined relationship with the economy. The paper sector faced a challenging 2023, experiencing an average production loss of 16 percent compared to the previous year. The decline... Type: Article Category: Global CEMEX's Lyons cement plant operations may be terminated 11 April 2024 constituted an improper expansion of the plant, posing safety risks to the community. The plant, operational since 1965, faced scrutiny over its compliance with land use regulations. Boulder County officials highlighted that a 1994 amendment to the land... Type: Article Category: Markets & Competition Simandou iron ore project secures financing 11 April 2024 the project's timely delivery by the end of December 2025. The Simandou project, long-awaited and discussed for years, has faced delays due to legal disputes and the intricate nature of infrastructure construction. However, with the financing secured... Type: Article Category: Ports & handling Paper mills adjust prices amid rising costs 11 April 2024 adjusted prices to maintain sustainable operations amid cost pressures. The industry's response underscores the challenge faced by paper mills in balancing production costs while ensuring product quality and continuity. These adjustments aim to mitigate... 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