Cement News tagged under: cement consumption
Decline in housing starts dent Moroccan demand15 July 2014, Published under Cement NewsThe first half of 2014 has seen cement sales in Morocco experience a 4.4 per cent decline to 7.435Mt, latest figures released by the country's cement producers' association, APC, show. Industry analysts expect Morocco to experience a further year of decreasing sales after deliveries to the domestic market were down 6.3 per cent YoY at the end of 2013. According to Attaijari Intermediation, a 4.4 per cent drop in domestic cement sales is forecast by the end of 2014, mainly due to a signifi... |
Construction boosts Kenyan cement demand08 July 2014, Published under Cement NewsIn May, cement consumption in the Kenya rose to 450,379t in May, up from 426,523t in April and continuing the upward trend noted since March when demand stood at 387,266t, according to the Kenya National Bureau of Statistics (KNBS). Since the start of the year Kenya has consumed over 2Mt of cement, according to the government agency’s Leading Economic Indicators report. When compared with May 2012, demand in May 2013 increased by 140,878Mt, suggesting an ongoing rise in demand this year... |
Set for rationalisation?18 June 2014, Published under Cement NewsWith the construction sector predicted to grow by just 1.1 per cent in 2014, there is little for South Korea’s cement producers to look forward to. As the focus turns to overseas markets, cement exports are on the up, but how long can this strategy sustain the country’s cement overcapacity crisis? South Korea’s cement producers will need to find a long-term solution to their overcapacity woes as the domestic market has reached saturation point and export growth is unsustainable ... |
Moroccan cement sales notes 4.5 per cent drop in May10 June 2014, Published under Cement NewsCement sales in Morocco continue to decline as dispatches in May fell 4.46 per cent, bringing the year-to-date fall to 3.37 per cent. The largest decrease was noted in the region of Oued Eddahab-Lagouira where sales plunged 18.5 per cent YoY to 13,273t. In Casablanca sales slipped 1.9 per cent to 835,469t in May 2014. However, in Guelmim-Es-Smar sales jumped 27.4 per cent to 97,353t. Moroccan cement producers have seen the domestic market contract significantly since 2012 when sales fe... |
Russia: open to investment28 April 2014, Published under Cement NewsAttracting private and foreign investment is becoming key for Russia as prices in oil and natural gas come under pressure for funding state projects. Russia’s transition to a modern country will also require large volumes of cement and the ramping up of production capacity is already in full swing. In recent years, Russia has been building new, modern production capacity to replace old wet-process plants Russia’s economy continues to decelerate as consumer spending, key to the c... |
DC market developments16 April 2014, Published under Cement NewsThe United States’ DC Area has been the centre of attention in many ways during recent years. In terms of cement consumption, while the area achieved nearly 20 per cent growth last year compared to its 2010 trough, it may be some years before previous peaks are achieved. By Rob Roy, ROI Consulting, USA. ICR looks forward to meeting delegates at the 2014 IEEE-IAS/PCA Technical Cement Conference and Exhibition in Washington, DC. Visit us at booth No 112! The District of Columbi... |
Happy days again ... almost14 April 2014, Published under Cement NewsFor US cement producers, happy days are almost here again with much more cause for optimism in 2014 compared to the previous eight years. As the PCA’s chief economist, Ed Sullivan, explains, the improving outlook is based on the emerging trends for the economy and construction activity as the housing-led recovery starts to become more widespread. By Ed Sullivan, PCA, USA. US cement market can look forward to happier times ahead as the country emerges from the Great Recession The... |
French cement market advances 6.6% in 1Q1407 April 2014, Published under Cement NewsCement consumption in France increased 6.6 per cent to 4.386Mt in 1Q14 compared to 4.115Mt in the same period of last year, according provisional data released by French cement association SFIC. Domestic producers delivered 4.04Mt with the balance supplied by imports. During the quarter, exports rose by 21.8 per cent YoY to 313,000t comprising 269,000t of cement and 44,000t of clinker – a YoY rise of 24.5 and 7.3 per cent, respectively. Last year, French cement consumption fell by 3.8 per ... |
India: adjusting to new times07 April 2014, Published under Cement NewsThe latest financial updates from some of India’s leading cement producers suggest that the long-awaited revival in higher consumption trends is still some way off. The industry remains weighted under slowing demand growth, concerns over capacity utilisation rates and downward pricing pressures. Sector specialists are now calling for stimulus measures to help draw the market out of its current slowdown and help absorb current capacity and expected new volumes. India’s general election... |
Dangote’s South African entry07 April 2014, Published under Cement NewsSouth Africa’s cement producers are looking forward to continued growth as the government develops the country’s infrastructure and expands its residential sector. Against this background, Dangote’s Cement expects a positive start-up for two new cement facilities under its Sephaku Cement venture, one of which was has recently entered official production and the other is due for commissioning in mid-2014. By DVG Edwin & Peter Fourie, Dangote Cement, South Africa. Dangote’s entry into S... |