Cement News tagged under: Consumption
Vietnamese exports surge while domestic sales fall in June11 August 2020, Published under Cement NewsCement sales in Vietnam fell by eight per cent in June 2020 when compared to June 2019, according to the Vietnam National Cement Association (VNCA). Shipments reached 5,215,388t, noting a similar MoM decrease from 5,680,883t in May 2020. Of this total, VICEM reported an eight per cent YoY decline to 1,693,426t while sales of its joint ventures were down 10 per cent YoY to 1,371,962t in June. Other cement companies saw their dispatches drop by six per cent to 2,150,000t. Exports surged 36... |
Argentina reports 14% demand drop in July07 August 2020, Published under Cement NewsIn July 2020 Argentina’s cement market contracted by 13.5 per cent YoY to 865,869t but expanded by 8.5 per cent MoM, according to the country’s cement association, AFCP. The market was entirely supplied by domestic production with no imports reported. Output from Argentina’s cement plants reached 870,835t in July 2020, down 13.2 per cent YoY from 1,003,628t in July 2019. When compared with June 2020, production was up 8.2 per cent. Exports rose 57.2 per cent to 4966t in July 2020 when co... |
Moroccan deliveries drop 24% in July06 August 2020, Published under Cement NewsCement deliveries in Morocco fell 24.1 per cent YoY to 1,073,755t in July 2020 from 1,415,075t in July 2019, reports the Ministry of Urbanisation and Housing. In the January-July 2020 period, deliveries declined 19.5 per cent YoY to 6,547,485t when compared with 8,132,157t in the 7M19. |
US Portland and blended cement deliveries decline 6% in May05 August 2020, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico fell 6.3 per cent YoY to 8.7Mt in May 2020, according to data published by the US Geological Survey (USGS). The top five state markets were Texas, California, Florida, Illinois and Ohio. Their total market share was 39 per cent in May. The leading producing states were Missouri, California, Texas, Florida and Michigan, which combined accounted for 42 per cent of the nation’s output. In terms of ... |
Colombian cement market contracts 8% in June03 August 2020, Published under Cement NewsColombian cement dispatches fell 7.6 per cent to 0.905Mt in June 2020 when compared with 0.979Mt in June 2019, according to data provided by the country’s statistical office, DANE. Sales of bagged cement fell 3.1 per cent YoY while bulk cement deliveries were down 16.8 per cent in June 2020. Ready-mix concrete companies reduced their offtake by 22.4 per cent YoY while deliveries to building companies and contractors fell by 12.6 per cent. The retail sector reported a sales increase of one ... |
East Africa: keeping the lights on28 July 2020, Published under Cement NewsWith overcapacity and pricing pressures weighing in on the east African cement industry, cement producers are setting their sights on the return of strong demand by 2023. In the meantime, will they prepare by taking up a stronger position, possibly through industry consolidation? By Standard Investment Bank, Kenya. The Tanzanian cement industry is expected to see an improving landscape from 2021 The East African Community (EAC) recorded real GDP growth of 5.9 per cent in 2019, s... |
US cement shipments down 8% in April27 July 2020, Published under Cement NewsShipments of Portland and blended cement in the US and Puerto Rico fell 7.5 per cent YoY to 8.1Mt in April 2020, according to the US Geological Survey (USGS). The leading cement-consuming states were Texas, California, Florida, Georgia and Ohio, which accounted for a combined market share of 42 per cent. The top five producing states were Texas, Missouri, California, Florida and Alabama Masonry cement shipments declined 11 per cent YoY to 195,000t in April 2020. Florida, Texas, North Caro... |
Indian demand expected to fall 25% in FY2124 July 2020, Published under Cement NewsCement demand in India is forecast to contract by up to 25 per cent in FY20-21 due to the coronavirus lockdown and subsequent specific restriction on construction activities, according to ratings agency ICRA. The downturn would be mainly felt in cities while rural housing and infrastructure projects in remote areas are expected to continue to support cement demand. "ICRA expects cement demand to de-grow by 22-25 per cent in FY2021 given the prolonged nationwide lockdown and subsequent stat... |
Sharp rise in Indonesian cement demand in June23 July 2020, Published under Cement NewsCement consumption in Indonesia rose by 29.2 per cent YoY to 4.86Mt in June 2020, according to Widodo Santoso, chairman of the Indonesian Cement Association (ASI). "This is because last year there were the effects of Ramadan and Eid, so consumption was limited," he said. The easing of large-scale social restrictions (PSBB) in a number of regions and the relaxation of credit disbursement by multifinance companies led to an increase in people's purchasing power. However, the rise in June... |
Moroccan cement deliveries up 33% in June23 July 2020, Published under Cement NewsCement sales in Morocco increased 33 per cent MoM in June, according to the Department of Studies and Financial Forecasts of the country’s Ministry of Economy, Finance and Administrative Reform. When compared with June 2019, deliveries are up 2.5 per cent. The rebound follows the gradual easing of COVID-19-related lockdown from 11 June 2020. In terms of construction market segments, infrastructure saw the largest recovery with deliveries increasing 68.7 per cent MoM, followed by ready-mix c... |