Cement News tagged: International
Brazilian cement demand slips in July
Cement sales in Brazil decreased by 0.5 per cent YoY to 5.476Mt in July 2023 from 5.503Mt in the year-ago period, according to the national cement association, SNIC. While the main markets of the southeast and northeast saw a pick-up in demand to 2.573Mt (+1.5 per cent YoY) and 1.088Mt (+6.5 per cent YoY), respectively in July 2023, other regions saw a contraction of sales. The south reporte...
Colombian cement dispatches decline 8% in June
Colombia cement dispatches were down 7.5 per cent to 1.033Mt in June 2023 when compared with 1.117Mt in June 2022, according to the country’s statistics agency, DANE. Output from domestic producers fell 6.1 per cent YoY to 1.117Mt in June 2023 when compared with 1.189Mt ion June 2022. First half of 2023 In the January-June 2023 period consumption declined by 5.1 per cent YoY to 6.297Mt fr...
Construction in Great Britain contines to decline, warns MPA
New figures from the Mineral Products Association (MPA) provide more concrete evidence of the slowdown in Britain’s construction industry. The latest quarterly survey from the MPA – covering aggregates, asphalt, ready-mixed concrete and mortar in Great Britain – reveals a decline in actual sales volumes during the second quarter of 2023. The drop in construction activity, particularly in new h...
Forex shortage leads to cement scarcity in Malawi
Malawi’s Minister of Finance and Economic Planning, Sosten Gwengwe, has attributed the scarcity of cement in the country to a shortage of foreign currency. He was responding to a question in parliament of Rumphi West Member Yona Adadawiza Mkandawire who suggested that the government should encourage cement imports. He said that the ministry has engaged the Reserve Bank to support local produ...
Rwanda commissions new cement plant
Rwandan President, Paul Kagame, inaugurated on 3 August 2023 the AnJia Cement Factory, a Chinese-funded cement plant Muhanga Industrial park, Southern Province, Rwanda. The AnJia Cement Factory was built by AnJia Prefabricated Construction Rwanda Co Ltd, a subsidiary of West International Holding, the African business of West China Cement Ltd. West China Cement has invested US$50m in the gr...
Ozinga opens new cement terminal in Florida
Ozinga, a fourth-generation family-owned construction materials company, has opened a new cement terminal at the Port of Palm Beach, USA. According to the company, the terminal includes a one-of-a-kind cement storage facility that was designed in a cooperative effort between Ozinga, the Port of Palm Beach and the City of Riviera Beach to enhance the visual landscape of the area and complement...
Italy’s cement supply declines 13% in May, but prices see 13% increase
Cement production in Italy fell by 13 per cent YoY in May 2023, according to the national construction chamber, Federbeton. When compared with the 2015 base index, the output value increased from 90 in April 2023 to 93 one month later. Cement prices increased 13 per cent YoY in May 2023, following a 27 per cent YoY rise in April 2023. Compared with the 2015 base index, prices edged up from 2...
US/Puerto Rico Portland and cement shipments up 4% in May
Portland and blended cement shipments, including imports in the USA and Puerto Rico, in May 2023 advanced 4.3 per cent YoY to 10.1Mt. Of the total blended volume, 4.1Mt, or 96 per cent, was Portland limestone cement (Type IL). The leading cement-consuming states were Texas, California, Florida, Georgia and Ohio, who received a total 38.2 per cent share of May shipments. The leading cement-prod...
Survey launch for UK's quarry, mining and mineral product sector
Pye Tait Consulting is carrying out a labour market survey of the UK’s quarrying, mining and mineral products sector on behalf of the Minerals Matter (part of MPQC). This survey will be the largest labour market information survey since 2019 to improve data on skills, training and qualifications within the sector, according to Aggregates Business Magazine. Labour market information is rel...
Iran’s cement market contracts 18% in June 2023
Cement demand in Iran has declined by 17.6 per cent YoY to 4.78Mt in June 2023 when compared with June 2022, according to the Iranian Cement Association. Cement exports saw a 37.2 per cent increase YoY to 0.494Mt in June 2023 while clinker exports decreased by 30.6 per cent YoY in the same period. Output from Iran’s cement plants increased by 3.5 per cent to 6.83Mt of clinker and by 13.6 pe...
Higher power prices send cement prices up in Pakistan
Construction costs in Pakistan are expected to rise due to a hike in industrial electricity tariffs, effective from 1 July 2023. As agreed with the IMF under its US$3bn standby arrangement, the government notified an increase in electricity prices for industrial customer by PKR7.50/kWh (US$0.026) and for residential customers by an average of PKR6.45/kWh, according an AHL Research assessment ...
Cement sales in Vietnam down 22% in June
Cement sales in Vietnam declined 22 per cent YoY to 4.789Mt in June 2023, according to the Vietnam National Cement Association (VNCA). Of this total, 1.420Mt was sold by VICEM, which saw its sales fall by 26 per cent. Other VNCA members sold a combined 0.991Mt, down 28 per cent YoY while non-VNCA members sold 2.378Mt, down 17 per cent YoY. Total exports in June 2023 increased by 97 per cent ...
India's CMA appoints new president
India’s Cement Manufacturers’ Association (CMA) has appointed Neeraj Akhoury, managing director at Shree Cement Ltd , as its new president, and Parth Jindal, managing director of JSW Cement Ltd , as its vice-president. Mr Akhoury brings with him more than 30 years of experience in the steel and cement industries, having worked in various leadership roles in India and other emerging markets. ...
Spain sees demand drop 4% in June but exports surge 24%
Spanish cement consumption in the first half of 2023 edged up by 0.3 per cent YoY to 7,539,907t, according to the country’s cement association, Oficemen. In June 2023 alone, cement demand in the Iberian country fell 4.3 per cent to 1,319,112t when compared with June 2022. “The evolution of the semester has closed with ‘zero’ growth in line with our forecasts at the beginning of the year. T...
Pakistan's cement industry’s bottom line may improve in FY23-24
AHL Research has released a positive forecast for Pakistan’s cement industry performance in FY23-24. The analyst estimates that cement demand is expected to recover in FY23-24 due to a significant decline in coal prices, energy efficiencies and higher retention prices, which should stimulate the bottom line. In addition, the IMF programme provided much-needed clarity and assurance concernin...
Carthage Cement advances 1H turnover by 24%
Tunisia-based Carthage Cement increased its turnover by 24 per cent YoY to TND208.546m (US$68.92m) in the first half of 2023, according to information on the Tunis Stock Exchange. The improvement of the company’s results is attributed to a jump in 1H cement sales with local sales increasing by 25 per cent YoY to TND158.822m and exports by 19 per cent to TND31.284m. In addition, the compa...