Cement News tagged under: consumption
Colombian cement dispatches slip 3.6% in Feb1731 March 2017, Published under Cement NewsColombia's cement market in February 2017 contracted 3.6 per cent to 1.008Mt when compared with February 2016, according to DANE, the country's statistics office. Domestic cement plants produced 1.048Mt in the second month of the year, representing a 2.6 per cent decline YoY. In January-February 2017, cement sales reached 1.921Mt and were down 3.2 per cent when compared with January-February 2016. Cement production in the first two months of 2017 fell 4.2 per cent YoY to 1.959Mt. The l... |
Cemex sees Philippine infrastructure overhaul driving demand29 March 2017, Published under Cement NewsPhilippine’s President Rodrigo Duterte’s infrastructure overhaul is expected to drive demand for cement and create a “multiplier effect” in the construction sector, Cemex says, according to a report by ABS–CBN News. Paul Arcenas, vice president investor relations, Cemex Holdings, said the private sector will match spending by government on more roads, bridges, railways and airports. “We continue to remain optimistic about the infrastructure program, as the government creates this multiplie... |
Indocement expects 3-5 per cent rise in domestic consumption22 March 2017, Published under Cement NewsIndonesia's second-largest cement producer, PT Indocement Tunggal Prakarsa, expects domestic cement consumption to increase by 3-5 per cent in 2017, its President Director, Christian Kartawijaya, told the Jakarta Post. Mr Kartawijaya said that he attributes the expected rise in demand due to a number of factors including funds coming from the government’s tax amnesty, the drop of interest in housing loans (KPR) and relief in requirements for the loan-to-value (LTV) ratio. Last year Indoc... |
Moroccan cement sales slip 10% in February20 March 2017, Published under Cement NewsMorocco's cement market contracted 9.9 per cent YoY in February to 1.064Mt from 1.181Mt in February 2016. The Laayoun-S Elhamra region saw the largest decrease of 39.4 per cent YoY to 6.761Mt while other significant decreases of 15-16 per cent YoY were reported in the key markets of Tanger-Tétouan and Al Houceima, Casablanca-Settat and Marrakech-Safi. However, YoY growth was noted in Guelmim-Oued Noun (+88.1 per cent), Dakhla-Oued Ed-Dahab (+27.7 per cent), Drâa-Tafilet (+74 per cent) and... |
Spanish cement market starts 2017 with good growth17 March 2017, Published under Cement NewsSpain's cement market expanded by 4.2 per cent YoY in February 2017 when sales reached 910,252t, according to Oficemen, the Spanish cement association. However, exports fell by around nine per cent to 611,000t. "We consider that this slight increase in the consumption of cement is an unexpected and punctual data, due to the volatility of the market," says Oficemen General Director, Aniceto Zaragoza. "To this we have to add with concern, that the current motor of the construction sector, t... |
Peru sees 7% drop in domestic sales in February 201716 March 2017, Published under Cement NewsPeru's cement market contracted 6.9 per cent YoY with sales of 0.737Mt in February, according to Asocem, the country's cement producers' association. Output from Unacem, Cementos Pacasmayo and Cementos Yura reached 0.766Mt, 6.9 per cent below the 0.822Mt produced in February 2016. Domestic production was supplemented with 75,200t of cement, up 71 per cent YoY, mainly Vietnam and China. Vietnam shipped some 44,298t at an average price of US$66.28/t CIF, increasing volumes by one per ce... |
Saudi Cement producers see sales fall 25% in February15 March 2017, Published under Cement NewsSaudi cement producers saw sales fall by 24.9 per cent in February 2017. Cement companies sold 4.09Mt of cement in the second month of the year, down from 5.44Mt in February 2016. Output also decreased by 26 per cent YoY from 5.47Mt to 4.04Mt during the same period while inventories increased to 1.07Mt, up 18.2 per cent YoY from 0.906Mt in February 2016. Yanbu Cement topped cement sales as it reported a volume of 0.474Mt but nevertheless experienced a 21.3 per cent YoY drop from 0.602M... |
US/Puerto Rican shipments down 8.6% YoY in December, up 1.9% in 201613 March 2017, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico in December were 6.04Mt, representing a 8.6 per cent YoY fall, according to the US Geological Survey. The total includes 617,045t of imports to supplement the 5.42Mt supplied by domestic producers. Texas was the leading cement-consuming state, followed by California, Florida, Georgia and New York. These states received 44 per cent of December shipments. The leading cement-producing states were Texas, California,... |
Puerto Rico: cement sales dip 2.3% in February13 March 2017, Published under Cement NewsPuerto Rican cement sales in February slipped 2.3 per cent in February following a 0.2 per cent rise the previous month. Cement sales in Puerto Rica have been declining since 2013 and last year, they contracted by 12.3 per cent YoY. In 2015 the domestic market contracted by 8.5 per cent after a 9.8 per cent fall in sales in 2014. The decrease in cement sales has been attributed to the decline in the housing construction sector as well as the failure of the government to invest in infr... |
Argentina cement market contracts 0.8 per cent in 2M1707 March 2017, Published under Cement NewsArgentina's cement producers dispatched 801,782t of cement in February, a 0.8 per cent drop MoM and 8.7 per cent YoY, according to the Argentine cement producers' association, AFCP. Domestic sales decreased 0.8 per cent YoY to 801,782t in February 2017 from 808,310t in February 2016. Exports increased 9.3 per cent YoY to 6652t from 6084t. Supply from local cement plant was supplemented by 4210t of imports, which saw a considerable hike when compared with 30t imported in February 2016.... |