Wednesday, February 22, 2012

Saudi Arabia: Export ban on cement enforced rigorously

The sources said no cement or clinker bricks had been exported since the ban was imposed. Only Bahrain was exempted from the ban and receives about 25,000 bags of cement per week.

The daily noted that some cement companies took advantage of the grace period that preceded the start of the ban to export large quantities of cement. Keen not to confuse or disturb the companies, the ministry told them beforehand it would impose a complete ban on exports of cement after three days.

Following the ban on exports, Al-Jouf Cement Company announced it had increased its prices to SR260 per ton from SR200
Copyright: Arab News © 2012 All rights reserved.

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Source: http://www.albawaba.com/export-ban-cement-enforced-rigorously-413630

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