Cement News tagged under: Consumption
Deutsche Bank lowers China demand forecast27 May 2014, Published under Cement NewsAccording to the latest research report by Deutsche Bank, cement demand forecast was lowered to 4.5 per cent, due to the recent slowdown in the real estate market in China. However, the forecast still exceeds cement supply of 1.9 per cent. The target prices of cement stocks were reduced in accordance with the adjustments on sales volume and average selling prices. |
Australia's changing dynamics27 May 2014, Published under Cement NewsAs rising energy costs and the introduction of the carbon tax impose plant rationalisations, Australian cement producers look overseas for their clinker supply. While the country’s cement consumption shows a strong upside trend, market dynamics are expected to change. By Marilyn Gardner, M Gardner Consultancy, Australia. Australia’s extensive geography and its high immigration level are forecast to sustain a long-term demand for new housing and infrastructure Australia surv... |
Crossing the Andes20 May 2014, Published under Cement NewsColombia’s cement producers are poised to benefit from the government’s ongoing investment in housing and road networks. The country’s geography and favourable demographics also hold the promise of further development and to meet these demand requirements leading domestic producers have been increasing capacity with further projects potentially in the pipeline. By Jairo Julián Agudelo Restrepo & Martin Posada, Grupo Bancolombia, Colombia. Colombia’s Andean topography remains a challen... |
Brazil: a view on the future19 May 2014, Published under Cement NewsThe debate around climate change and lowering CO2 emissions has been a part of the Brazilian cement industry for some time and today, the sector has made great strides towards reducing its carbon footprint. A modern production base, increasing use of alternative fuels and the development of blended cements with a lower clinker factor have all contributed to making the industry more sustainable. By Yushiro Kihara, Brazilian Cement Portland Association (ABCP) & Gonzalo Visedo, Sindicato Nacion... |
US cement demand growth continues in 201416 May 2014, Published under Cement NewsAlthough recent economic indicators point to a tempering of the US economy, PCA is maintaining its forecast for steady growth in construction and cement consumption during the next five years. A recent PCA forecast indicates a 7.9 per cent increase in cement consumption for 2014, almost double from the 4.5 per cent increase in 2013. The industry expects to see double-digit growth in 2015 and 2016 with 10 per cent growth both years. "There is considerable evidence that the economy's growth ... |
Spanish consumption decreases 5.6%15 May 2014, Published under Cement NewsSpanish cement association Oficemen has revealed that domestic cement demand fell by 5.6 per cent in April to 858,920t when compared with the same period last year. In the first quarter, consumption reached 3,260,547t, representing a 3.4 per cent YoY decline. |
Argentina: cement demand falls 5% YoY14 May 2014, Published under Cement NewsArgentina’s cement industry shipped 905,584t, including exports, in April 2014, reflecting a 0.6 per cent decrease from March and a 7.1 per cent fall YoY. Domestic demand, including imports, reached 895,697t, slipping 0.3 per cent MoM while compared to April 2013, the figure was 5.4 per cent lower. In the first four months of 2014, Argentina’s cement demand reached 3,557,983t, a two per cent decrease YoY. Exports fell by 42.4 per cent to 108,517t when compared to the previous year. |
Indonesian monthly cement sales contract12 May 2014, Published under Cement NewsCement sales in Indonesia declined 0.4 per cent YoY in April to 4.52Mt, according to data from the Indonesia Cement Association (ASI). Speaking to local press, Widodo Santoso, chairman of the ASI, said: “Demand for building material was low throughout the legislative campaigns, which is why cement sales were down last month. Figures for the sales of cement have declined throughout the archipelago. Sales in Sumatra dropped by four per cent to 934,000t, Kalimantan saw an 8.7 percent d... |
Pakistan: utilisation rates reach 5-year high09 May 2014, Published under Cement NewsCement despatches in Pakistan reached an all time high of 3.21Mt during April 2014 raising the industry hopes of a long awaited turnaround. The sector has achieved capacity utilisation of 75.21 per cent during first 10 months of the current fiscal year – the highest level achieved during last five years – and industry experts expecting that this will be increased to 80 per cent by the end of June 2014. Although the overall increase in the cement despatches is only 1.17 per cent, domestic sa... |
Steppe Cement profit rises as Kazakh market grows 13%02 May 2014, Published under Cement NewsKazakhstan-based Steppe Cement Friday reported an increase in profit and revenue in the full year 2013, as domestic demand grew by double-digit figures. Steppe posted pretax profit of US$13m for 2013, up from US$12m a year earlier, as revenue rose to US$123m from US$120.2m in 2012. EBITDA for 2013 rose to US$28.7m compared with US$24.9m in 2012. Steppe said it sold 1.4Mt of cement during the period, up from 1.3Mt a year earlier, while selling prices increased five per cent in US dollar... |