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Ciments Francais reports lower earnings 07 November 2011 Core business suffer decline in first 9 months if the year. (CW Group) Ciments Francais has reported its earnings fell across the board during the first nine months of the year, a report from L' Expansion said. The subsidiary of Italcementi also states... Type: Article Category: Financial South Africa's PPC now predicts narrower profit decline 07 November 2011 Firm says it's optimistic numbers will be lower, as performance was better than expected in September. (CW Group) South Africa's Pretoria Portland now says it may post a lower fall in earnings this year, on the back of a better than expected September,... Type: Article Category: Financial Greece: Titan lays off workers due to poor economy 06 November 2011 a report from Ethnos said. According to the company, the worsening economic situation in Greece has led to a dramatic decline in building activity in the country, which is reflected in demand for cement, which, according to people in the industry, has... Type: Article Category: Markets & Competition Chinese shipping industry outlook uncertain 06 November 2011 the growth rate in the market. The Baltic Dry Index, a benchmark for commodity shipping costs, has registered a 27 percent decline in the past year. Chinese shippers note that there is still no political willingness to be seen among world leaders in... Type: Article Category: Shipping & logistics Indonesian cement sales booming 04 November 2011 IndonesiaÔÇÖs cement production to cater to the growing domestic demand. On the other hand, cement exports are expected to decline this year in order to meet surging demand in the domesticmarket. [/PAID] Copyright CW Group. All rights reserved.... Type: Article Category: Markets & Competition Holcim Philippines profit down 03 November 2011 Profit falls 27% on soft prices. (CW Group) Holcim Philippines Inc. reported a 27 percent decline in net income to P625.9 million in the third quarter this year reports the Philippine Star. The company attributed the drop to lower sales volume, soft... Type: Article Category: Financial Saudi firms' Q3 profits lower than expected 03 November 2011 During the third quarter of 2011 the sector achieved a profit of 0.915 billion riyals two quarters resulted in the decline amounted to 25.23% and the growth of comparative reached 18.91%, three-quarters of the public sector achieved a profit of 3.242... Type: Article Category: Markets & Competition Iron ore rent drops 02 November 2011 that idled furnaces as slowing global growth drove benchmark prices for the metal down 15 percent since March. The decline┬áin both iron-ore and steel prices is a sign of slower demand in China. Rates for capesizes surged as steelmakers initially took... Type: Article Category: Shipping & logistics Chinese ore imports down 01 November 2011 iron ore prices dropped to their lowest levels in three years reports Bloomberg. Prices at the northeastern port of Tianjin declined to about $43 a metric ton, or 23 percent less than domestic supplies at nearby Hebei and Tangshan as of October 28. The... Type: Article Category: Markets & trade JK Lakshmi, Birla results diverge 31 October 2011 higher than the corresponding quarter of the previous year, the report said. Meanwhile, Birla Corporation reported a 62.07% decline in net profit to┬áRs.┬á26.15 crore for the second quarter of this fiscal.┬áTurnover slightly rose 5.10% at┬áRs.┬á578.45... Type: Article Category: Financial EAPC posts narrower H1 loss 28 October 2011 when the shilling weakens against other currencies, the report said. "Despite the current inflationary challenges and the decline in the value of the Kenya shilling, market demand for cement remains strong, and the company expects improved production... Type: Article Category: Financial Russia hikes grain exports 28 October 2011 were also a record 3.3 million tons, some 340,000 tons above the previous record set in August. In October, exports may decline to 2.9 million tons, which will still be above the previous 2008/09 and 2009/10 highs. Analysts expect total wheat exports in... Type: Article Category: Markets & trade Weak demand pulls down performance of two Egypt firms 27 October 2011 million EGP, down 22%, the report said. The results of the Torah Portland Cement exports in the first half of 2011 showed a decline in profits by 12.3%, registering a net profit estimated at 167.884 million pounds compared to a net profit amounted to... Type: Article Category: Financial Cement prices spike in Russia 27 October 2011 explain the lack of supply has caused problems with the delivery of cement. Until the end of the year, because of seasonal decline in demand, prices will fall again, by about 15%. According to consulting company SMPRO, on the basis of average prices for... Type: Article Category: Volume & Pricing Qatar National Cement reports 13% in Q3 net profit 21 October 2011 Core earnings slip, as revenues decline 11%. (CW Group) Qatar National Cement says its profits fell 13% in Q3 to QR329.13mn, as its revenues fell, eroding its core earnings, a report from the Gulf Time said. Revenue shrank 11% to QR737.96mn but cost of... Type: Article Category: Financial Paragon Shipping sells a Handymax vessel 21 October 2011 of this sale, the average age of our fleet will be reduced from 8.3 years to 7.6 years, and this number will continue to decline further over the next year as we take delivery of our four handysize newbuildings in 2012. In addition, we are in... Type: Article Category: Equipment & technology More cement firms set up shop in Morocco 19 October 2011 In late June, its turnover was $ 1.8 billion against 1.9 billion dirhams a year earlier. This still represents a decline of 8%, the report said. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Markets & Competition US: Limestone shipments on the Great Lakes drop 19 October 2011 Shipments from US quarries rise, shipments from Canadian quarries decline. (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Limestone shipments on the Great Lakes have... Type: Article Category: Markets & trade Spain: Cement consumption dips further in September 18 October 2011 Demand falls 19.8% to 1.7 mm tons, the latest in 46 months of continuous declines. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Cement consumption in September... Type: Article Category: Volume & Pricing Cemex seen posting wider loss 18 October 2011 in the same period of last year. ┬á The peso's 15 percent depreciation against the dollar during the quarter, a steep decline of Cemex's share price and the recent purchase of Ready Mix assets in the United States will likely drive the company breach... 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