Cement News tagged under: Consumption

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Spain: 1Q15 cement demand up 8.5% YoY

20 April 2015, Published under Cement News

Spanish cement consumption increased 8.5 per cent YoY to 2,553,962t in the first quarter of 2015. In March cement demand expanded by 12.3 per cent to 983,210t, according to cement association Oficemen. "Although these figures are well received and could indicate a change in trend, they are also insufficient. The growth in absolute numbers is small and keeps us on the threshold of lowest historical consumption, " Oficemen CEO, Aniceto Zaragoza, said. "Additionally, we are close to the reg...

Peru cement sales down 1%, exports up 50% in March

17 April 2015, Published under Cement News

Peru’s cement dispatches fell one per cent YoY to 806,000t in March as public spending was down and rains affected the construction industry, according to cement association Asocem. Regional and municipal governments saw their spending cut by 30 and 61 per cent, respectively. Output in the country’s cement plants increased two per cent to 861,000t when compared with March 2014. A 50 per cent rise in exports in the month helped producers to compensate for the lower domestic sales. Looking ...

SPC upbeat on outlook for Polish cement sales

15 April 2015, Published under Cement News

Polish cement producers sold nearly 2.7Mt of cement in the first quarter of this year, up 3.4 per cent YoY, with further growth anticipated in 2015 and beyond. "We expect that in 2015 we will record an increase in cement sales YoY," Jan Deja, director of Polish cement association Stowarzyszenie Producentów Cementu (SPC) told PAP Market Insider. "We expect a 5-6 per cent growth and a result at the level of some 16Mt. "By 2018, I believe the economic situation will allow us to record cement...

PCA forecasts growth trend to continue, imports to increase rapidly

14 April 2015, Published under Cement News

US cement consumption will continue its growth trend in 2015, with cement and clinker imports forecast to grow rapidly in 2017 and beyond, according to the Portland Cement Association (PCA). During the 2015 PCA Spring Meeting, PCA chief economist and Group VP Edward J Sullivan projected that total cement consumption would increase by 7.5 per cent from last year, and continue to grow in 2016 by 7.9 per cent. "The forecast indicates that the healing in the US economy has taken place," said M...

Canada: a reversal of fortune

13 April 2015, Published under Cement News

After a prosperous era on the back of strong international commodity prices, Canada faces a more challenging time in terms of cement demand. The competitive landscape is also set to change with the arrival of a new player and the impact of the LafargeHolcim merger. Upside potential exists in terms of exports to Canada’s main trading partner, the US. Canada is the venue for this year’s IEEE-IAS/PCA Technical Cement Conference and Exhibition in Toronto, 26-30 April 2015, and ICR prev...

Indonesia first-quarter sales down 3.2%

13 April 2015, Published under Cement News

Indonesian cement consumption fell by 3.2 per cent YoY in the January-March period, latest figures from the Indonesia Cement Association (ASI) show. Over the first three months of the year, consumption dropped to 13.63Mt compared to 14.08Mt in 1Q14. Year to date consumption was down in Java (-1.3 per cent), Sumatra (-3.9 per cent), Sulawesi (-2.5 per cent), Kalimantan (-1.4 per cent) and Nusa Tenggara Timur (-6.5 per cent). However, a gain was recorded in Malukus and Irian Jaya (+7.7 per ce...

Nomura expects Indian demand recovery in FY16

13 April 2015, Published under Cement News

Nomura expects Indian cement companies to see demand recover in the current fiscal year, after a weak ending to fiscal 2015 in March. The broker expects Indian cement companies' revenues and operating profit to stay flat for the January-March period, owing to falling volumes. Cement volumes fell by about five per cent YoY during that period – the weakest in any quarter in the past couple of years, says the broker. However, going into fiscal 2016, which began in April, Nomura expects ceme...

French cement demand hits 50-year low

10 April 2015, Published under Cement News

Cement consumption in France fell a further 5.5 per cent to 18.2Mt in 2014, a level not seen since 1964, according to SFIC, the French cement association. In addition, the latest figures indicate that the downward trend is continuing. In 1Q15, demand decreased 10 per cent when compared with 1Q14. For the full-year 2015, the association forecasts consumption to contract by 3.5 per cent YoY to 17.5Mt. Meanwhile, the outlook for the construction industry remains mixed. While housebuildin...

1Q15 Swiss dispatches down 16%

09 April 2015, Published under Cement News

Domestic deliveries by the Swiss cement industry fell 16 per cent in 1Q15 as the construction industry experiences a cooldown, according to cement association Cemsuisse. Dispatches fell from 980,721t in 1Q14 to 823,375t in 1Q15.

Expected second-quarter pick-up in Indian demand

07 April 2015, Published under Cement News

Indian cement demand is expected to see a revival over the July-September quarter on the back of an increase in infrastructure spending. Consumption continued to remain tepid during March, leading cement producers to cut their dispatches by 20-30 per cent even in the northern region which has been one of the most stable regions, according to brokerage firm PL India. Its report on the sector said that the weakness was primarily influenced by the government’s reduced spending to manage the f...