US shipments see second successive monthly increase

US shipments see second successive monthly increase
16 August 2011

US Geological Survey preliminary estimates indicate that US cement shipments in June 2011 were 2.8% higher than in June 2010, in line with expectations by Jefferies. This followed an increase of 2.5% in May. US cement shipments have increased in four of the first six months of this year, and were only down 0.4% in January-June 2011 compared with the same period last year due to April’s 13.5% decline. They have increased in 13 of the last 16 months.

Amongst the larger states, shipments increased in June in Southern Texas (+7%), Northern California (+6%), Florida (+5%), Southern California (+4%), Arizona (+4%), South Carolina (+1%) and Northern Texas (+1%), but declined in Georgia (-11%), Michigan (-6%) and New York (-2%).

US cement shipments for the first six months of 2011 were 0.4% lower than in the same period in 2010. Amongst the larger states shipments increased in Northern California (+11%), Southern California (+4%) and Northern Texas (+2%), Florida (+1%) and South Carolina (+1%). They were unchanged in Southern Texas, but they declined in Arizona (-6%), Michigan (-9%), Georgia (-12%) and New York (-13%).
Published under Cement News