Cement consumption in Spain dips 43.7% YoY

Cement consumption in Spain plunged by 43.7 per cent YoY to 11.7Mt for January to May 2009, the Spanish cement makers association Oficemen said today.

The fall in demand resulted in local producers producing only 12Mt from January to May compared to 20Mt produced a year ago.

The cement sector is awaiting the Government to start promised public work orders in order to boost the construction sector and the cement industry, Oficemen said.

Cement exports increased 88.4 per cent to 1.2Mt in the five months to May, to compensate the domestic consumption fall. Imports in turn fell by 72.4 per cent to 1.1Mt.