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Friday, Apr 06, 2007
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Cement Industry & Economy - Exports & Imports Logistics - Shipping Cement lot from Pak held up at Nhava Sheva
Gargi Shah
Mumbai April 5 Cement consignments imported from Pakistan have been held up at Nhava Sheva port for want of quality clearance. Some 125 tonnes of cement imported in five containers are waiting for quality certificate from the Bureau of Indian Standards (BIS). According to the clearing and forwarding agent who is handling the consignments, it may take 30 days for obtaining BIS certificate, without which the material will not be cleared. "The consignment is lying at the container freight station for over two weeks now," said the agent. "The 14-day free period is over. From now, the importer has to pay Rs 1,500 per day per container against CFS and other charges," the agent added. The importer will have to bear additional cost for 25 days till the cargo is cleared, he added. The cement has been imported from Lahore-based Lucky Cement. "As our consignment is not cleared we have put further exports on hold," said Mr Mohammed Hanif, Manager (Import and Export), Lucky Cement. Lucky Cement is the second company to export cement to India. Lahore-based DG Khan Cement Company was the first, having exported a consignment of 1,500 tonnes through Gujarat's Mundra port. Mr Farid Fazal, Director (Marketing), DG Khan Cement, said: "We had exported 1,500 tonnes of sulphate-resistant cement through Mundra port. The importer has taken delivery of the material." These imports took place even before the countervailing duty and special additional duty on cement were abolished. Mr Fazal said: "We had priced our exports at $70 per tonne c&f (cost and freight) Mumbai and $70 per tonne f.o.r. (free on road/rail) Wagah border." In Mumbai, cement prices are quoting at Rs 5,000 per tonne. A cement analyst said that despite Indian cement manufacturers' confidence that imports are logistically not feasible, the material has finally landed on Indian shores from Pakistan.
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