Finland: Demand for cement brisk

Finland: Demand for cement brisk
Published: 25 August 2006

Demand for cement exceeds supply in the Baltic Sea area at the moment because of lively construction operations. Sales of cement have increased also in Finland in early 2006 by about 13% from the corresponding period in 2005. Sales of ready made concrete and concrete elements have increased by only 4%, however. 
 
High demand has not raised the price of cement particularly. A tonne of cement cost Euro 71.70 in 2003, and Euro 79.70 in the summer of 2006.  According to Finnish cement manufacturer Finnsementti, the company is considering exports of cement from Lappeenranta, in Finland, to St. Petersburg, in Russia. This would require investments in increasing grinding capacity, however.