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Baltic dry index reaches four-month low 17 January 2024 low, according to Hellenic Shipping News. The broader index, encompassing capesize, panamax, and supramax shipping vessels, faced a loss of 36 points, or 2.7 percent, settling at 1,324 – its lowest point since mid-September. This slump was predominantly... Type: Article Category: Markets & trade UK Minister visits Rugby Cement plant 17 January 2024 dispersed cement plants. The visit, hosted by the Mineral Products Association (MPA) and Cemex, sheds light on challenges faced by plants like Rugby, situated too far from industrial clusters. Only half of the UK's cement plants are part of such... Type: Article Category: Environment Dry Bulk Sea Freight Index hits four month low 16 January 2024 a marginal uptick of 0.1 percent, reaching 1,412, after hitting its lowest since August 15 on Friday, the supramax index faced a 0.9 percent decline to 1,078—its lowest level in about four months. Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: Markets & trade Crown Cement opens its 6th plant 16 January 2024 The company, listed on the Dhaka Stock Exchange, had initially aimed for production to commence in October last year but faced setbacks. The new unit, located in Mukterpur, Munshiganj, has significantly increased Crown Cement's daily production capacity... Type: Article Category: Plant Expansions Cubans seek alternatives amid cement shortage 16 January 2024 percent of their proposed housing. Financial and material subsidies intended for families with precarious housing conditions faced the biggest delays, resulting in only 15 percent of the estimated 409 units being built. Provincial officials cited... Type: Article Category: Markets & Competition Vicem But Son generates electricity from waste heat 16 January 2024 not only for energy-saving but also for reducing emissions and protecting the environment. Despite the challenges faced by the cement industry in 2023 due to a global decrease in construction demand and increased production costs, Vicem remains... Type: Article Category: Environment Ammonium nitrate market prices fluctuates in Ukraine 16 January 2024 ride, witnessing an 8,000 UAH/t drop in ammonium nitrate prices throughout the year. The Ukrainian fertilizer industry faced challenges in supply and soaring prices due to widespread conflict, impacting farmers and creating unprecedented levels of... Type: Article Category: Volume & Pricing Disamtex’s defoamers set to transform paper industry dynamics 15 January 2024 unveiled two defoamers, DISAFOAM S7 and DISAFOAM FA5, addressing the pervasive foam challenges faced by paper machines, writes Tissue Online. The solutions promise improved operational efficiency and reduced environmental impact, marking a significant... Type: Article Category: Global Bulk shipping markets navigate challenges betwixt rate declines 15 January 2024 struggled due to limited Pacific participation, impacting rates and creating a shortage of coal demand. The Atlantic market faced a slow start but showed signs of activity from South Brazil and West Africa towards the week's end. The BCI 5TC started at... Type: Article Category: Markets & trade Bahía Blanca port grapples with aftermath of severe storm 15 January 2024 storm, including damaged terminals and delays in shipments, is expected to extend into January, exacerbating the challenges faced by the local port. The December 2023 cargo turnover saw a drop of 29.4 percent, moving 330,708 tons compared to the 467,939... Type: Article Category: Shipping & logistics Global soybean market fluctuations impact prices 15 January 2024 in Argentina is expected to offset the impact on soybean prices, minimizing the consequences of the current challenges faced by Brazilian production.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Markets & trade Steppe Cement: revenue drops as volumes and prices decline 15 January 2024 domestic market due to logistical and cost inefficiencies, Steppe Cement aims for increased margins. Although shares have faced a 50 percent decline in the past year, the company believes its strategic shift will pave the way for improved profitability... Type: Article Category: Financial Lafarge Canada supplies low-carbon cement for housing project 15 January 2024 largest 3D-printed housing project. The initiative, "Kakatoosoyiists" (Star Lodge), aims to combat acute housing challenges faced by the SikSika Nation, confronting pressing social issues. Lafarge Canada and nidus3D unite for Canada's largest 3D-printed... Type: Article Category: Environment Aluminum electrolytic costs soar in December 15 January 2024 reached 16,173 yuan/ton, marking a monthly increase of 135 yuan/ton. Despite a slight expansion in profits, the industry faced a third consecutive monthly decline in average earnings, dropping by 259 yuan/ton, or approximately 7.4 percent, in December.... Type: Article Category: Pricing Dry bulk index declines 12 January 2024 reflect on Baltic exchange's index (CW Group) In a continuing downtrend, the Baltic Exchange's dry bulk sea freight index faced its fourth consecutive decline on Thursday, largely influenced by setbacks across various vessel segments. Panamax rates... Type: Article Category: Markets & trade Port of Antwerp-Bruges experienced growth in shipping sectors 12 January 2024 Investments shape maritime landscape during 2023 in Belgium (CW Group) As per Port News reports, the Port of Antwerp-Bruges faced headwinds in 2023, witnessing declines across major shipping sectors. Overall cargo volumes totaled 271 million tons,... Type: Article Category: Ports & handling Tanganyikan cement is pricier than Tanzania or Zambia imports 12 January 2024 2023). Their grievances, expressed through a sit-in at Rawbank, the paying agent, highlight the financial challenges faced by these workers. The Congolese League Against Corruption commends Primera Gold DRC SA for transparently publishing its suppliers... Type: Article Category: Financial Dry bulk shipping indexes decline 11 January 2024 150,000-tonne cargoes like iron ore and coal, decreased by USD 4,579 to USD 22,362. Panamax and supramax indexes also faced declines in their respective sessions. As global dry bulk cargoes slow down in preparation for the Lunar New Year, BIMCO shipping... Type: Article Category: Markets & trade Leadership changes at Ciments d’Oum El Kélil and Bizerte 11 January 2024 noteworthy that, based on our information, the former CEO of Oum El Kélil has retired, and the Bizerte cement plants have faced financial challenges in recent years. However, it is unclear if there is any connection with circulating information about... Type: Article Category: People Global ammonium nitrate market faces downturn 10 January 2024 France, and Germany further complicated the situation, potentially impacting demand in 2024. Meanwhile, the United States faced stagnation in prices, influenced by limited demand, both domestically and internationally, and challenges at the Panama Canal... 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