Brazil: cement market to advance 18% this year

Brazil: cement market to advance 18% this year
Published: 25 June 2010

The Brazilian cement market is set to grow by 18% over the course of 2010 when compared to 2009. In the first five months of 2010, cement sales totalled 23Mt, an advance of 16.4% over January-May 2009, according to the Sindicato Nacional da Industria do Cimento (Snic). In the year June 2009-May 2010, the rise came to 6.5% and the sales volume total to 54.5Mt.

Source: Valor Economico