The Saudi ministry of commerce and industry has imposed restrictions on export licenses for cement makers in an attempt to ensure enough resources to fuel the kingdom s construction boom, Gulf News has reported. "The ministry has set some terms and conditions for those producers who want to export this construction material. First of all, we have to ensure its adequate supply and stock in the domestic market at a price of 200 Saudi riyals [Dh195.88] per tonne and 10 riyal per bag. If any company fulfils these conditions, then the ministry will allow it to export the surplus quantity," Saleh Al Khaleel, undersecretary at the ministry, told the daily. Source: uaecement.com
Source:
http://www.uaecement.com/newsDetail.aspx?id=310
