Cement News tagged: International
Post-budget 2025 impact on Pakistan's cement and steel industries
The Pakistan government passed the FY24-25 Budget in parliament on Friday, paving the way for the resumption of negotiations with the IMF for a new programme. Despite pushback from certain industries, the budget is expected to bring positive changes, particularly for export sectors (excluding services-based industries). While exporters of goods will be brought under the normal corporate tax re...
Kenyan cement demand drops 13% in 4M24
Cement consumption in Kenya fell 12.7 per cent YoY to 1,949,900t in the 4M24 from 2,234,200t in the 4M23, according to the Kenya National Bureau of Statistics (KNBS). The drop in cement consumption raises significant concerns about construction activity.“During the quarter under review, the construction sector registered a decelerated growth of 0.1 per cent, down from the 3.0 per cent growth ...
Morocco's cement market contracts 29% in June
Total cement deliveries by Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim contracted by 29.1 per cent YoY to 746,158t in June 2024 from 1,052,975t in June 2023, according to Morocco's cement association, APC. The retail segment reduced its off-take by 30.2 per cent YoY to 426,077t in June 2024 from 610,167t while deliveries to the ready-mix conc...
Dalmia Bharat adds 1Mta of capacity at Kadapa
Dalmia Bharat Ltd has expanded the capacity of its integrated cement production facility at Kadapa in Andhra Pradesh by an additional 1Mta. The company announced on 4 July that the expanded capacity had begun production. The expansion, which required an investment of INR2.07bn (US$24.79m), will increase the total capacity of the Kadapa unit to 3.6Mta and the company’s total installed capa...
Continuing domestic weakness weighing on Pakistan cement
Total cement dispatches in Pakistan dropped 12.6 per cent YoY to 3.552Mt in June 2024 from 4.063Mt a year earlier, according to the All Pakistan Cement Manufacturers Association (APCMA). Local dispatches contracted 11.9 per cent YoY to 3.079Mt from 3.487Mt in June 2023. Exports also fell in June, declining 17.9 per cent YoY to 472,865t down from 576,309t a year earlier. North-south dispatc...
Italy cement output cools in April
Italian cement output has cooled in recent months. Output shrank two per cent YoY in April, adding to the 11 per cent YoY contraction reported in March, according to the latest data from Italian concrete association, Federbeton. This follows four consecutive months of expansion. In year-to-date terms, cement output rose one per cent YoY in the January-April period. Strong local government ...
Pakistan experienced a partial growth in cement dispatches in FY23-24
The cement industry in Pakistan experienced a minor growth in cement dispatches in FY23-24 due to significant export volume. However, the sector recorded a 12.6 per cent decline in cement dispatches to local and overseas markets in the last month of the FY23-24, with 3.55Mt dispatched compared to 4.06Mt in the same period of the previous fiscal year. Local cement dispatches were 3.08Mt in June...
Colombia’s cement shipments fall 11% in May
Cement dispatches in Colombia declined 10.9 per cent to 1.003Mt in May 2024 from 1.126Mt in May 2023, according to statistics agency DANE. Production was down 11.6 per cent YoY to 1.094Mt in May 2024 from 1.237Mt in the year-ago period. The market contraction was larger in the bagged cement segment, where sales were down 12 per cent. Bulk deliveries fell by 8.8 per cent YoY. In terms of mark...
Argentine cement market contracts 33% in June
Cement demand in Argentina fell 32.8 per cent YoY and seven per cent MoM to 725,661t in June 2024, according to the country’s cement association, AFCP. This includes 81t of imports. Domestic production dropped 32.8 per cent YoY and 7.4 per cent MoM to 727,405t in June 2024. Of this total, 1825t was exported, down from 28.9 per cent YoY 2568t in June 2023. First-half 2024 In the January-J...
Sri Lanka considering price control for cement
Sri Lanka’s Trade Minister Malin Fernando said the country was considering the introduction of price controls on cement. The step followed cement companies’ announcement that they would be reducing prices by LKR150 (US$0.50) to LKR2250/bag. Mr Fernando said: “I don’t accept this reducing the price by 150, I want the maximum retail price to be 2000-2500.” “We will announce a maximum retail p...
Dominican cement price rise affects housing construction
In the Dominican Republic, cement prices, as represented in the Direct Cost of Housing Construction (ICDV), have increased by 49.3 per cent between January 2020-April 2024, according to the Dominican Association of Housing Builders and Developers (Acoprovi). This is causing inflationary pressures and increasing the cost of housing construction as cement represents 18 per cent of construction c...
Cementtech 2024 takes place in Wuhan
Cementtech 2024 opened its doors yesterday to over 20,000 visitors and 1500 exhibitors from across the globe in its 15,000m 2 exhibition area. Hosted at the picturesque Wuhan International Conference and Exhibition Center, this event unites industry-leading technology and service providers, cement manufacturers and cement sector experts. Two primary themes of the event were the decarbonisatio...
Vietnam YtdD cement sales disappoint
Total Vietnam cement sales, including domestic and export, for May amounted to 7.873Mt, down 7.8 per cent MoM from 8.541Mt in April but up 2.6 per cent YoY from 7.678Mt in May 2023, according to the Vietnam National Cement Association (VNCA). Domestic sales in Vietnam fell 6.7 per cent MoM to 5.317Mt in May from 5.699Mt but were up 5.4 per cent YoY compared to the 5.044Mt reported in May 2...
Peruvian cement market contracts 2% in May
Domestic cement dispatches in Peru slipped two per cent YoY in May 2024 to 0.958Mt from 0.977Mt in May 2023, according to the country's cement association, ASOCEM. OF this total, 0.87Mt was supplied by ASOCEM members. Cement production by local cement manufacturers was down four per cent to 0.887Mt in May 2024 when compared with 0.928Mt in the year-ago period. Clinker output fell by 10 per ...
GCCA and UNIDO sign decarbonisation MoU
A ground-breaking agreement has been signed by the UN’s Industrial Development Organisation (UNIDO) and the Global Cement and Concrete Association (GCCA) to work together on decarbonising the cement and concrete industry, with a strong focus on the Global South. The two organisations have agreed a Memorandum of Understanding (MoU), which will see them working together on key sustainability an...
Vietnam cement sales rise in April but disappoint YtD
Total Vietnam cement sales, including domestic and export, for April amounted to 8.541Mt, a 7.7 per cent MoM and 4.6 per cent YoY increase, up from 7.931Mt in March and 8.164Mt in April 2023. Domestic sales in Vietnam rose 11.5 per cent MoM and 1.4 per cent YoY to 5.699Mt in April 2024. This is up from 5.113Mt in March and 5.622Mt a year earlier, according to the Vietnam National Cement As...