The fall in Spanish cement consumption has been accelerating after a slight rise at the beginning of the year. October data has been the worst in 27 years with consumption at just 1.5Mt, reports Spanish cement association, Oficemen. Production during the month, meanwhile, fell 21.5 per cent, YoY to 1.8Mt.
For the first 10 months of the year, 17.7Mt, 15.6 per cent less than the same period of 2010. Exports were sustained at levels similar to last year while imports were down 37.8 per cent at about 1Mt between Jan-October.
Commenting on ways to drive the industry forward, Oficemen, CEO Aniceto Zaragoza, has urged the government to take steps to boost demand: "It is urgent that the government that emerges from the elections review cuts Stability Plan has established in public works for the coming years and encourage actions to facilitate the purchase of housing. It’s time to create jobs, not destroy them, " he said.