According to industry figures, after the 11 months of 2010 and December contracts, some 15.7-15.8Mt of cement is expected to have been produced in 2010, a rise of 1-1.6 per cent YoY.
For 2011, its forecast assumes growth of 7-8 per cent, which would mean a return to the record production levels seen in the 2008 boom,” Deja added.
Several cement plants have already launched, or are preparing investments leading to a potential increase to 24Mt in the next 2-3 years, to meet anticipated rises in demand.