Cement News tagged under: Consumption
Saudi October sales rise by 2%26 November 2013, Published under Cement NewsSaudi cement sales rose by two per cent during October 2013 to 4.91Mt compared with 4.13Mt in the same period a year ago. Production for the month reached 4.24Mt compared to 4.22Mt in October 2013, a report, based on data released by Yamamah Cement Co (YCC), said. Clinker production rose by 19 per cent to 4.7Mt against 3.98Mt in the same month the year before. Local deliveries of clinker reached 54,000t in October, which were exclusively made by Northern Region Cement Co. Cement impor... |
Spanish cement demand falls 11% in October25 November 2013, Published under Cement NewsCement consumption in Spain has fallen again in October by more than 11 per cent, to 1,003,618t. As a result, domestic cement demand during the first 10 months of 2013 has declined sharply by nearly 21 per cent, with total demand standing at 9,351,734t, some 2.5Mt less than in the same period of 2012, according to Oficemen, Spain’s cement association Cement companies associated with Oficemen are focussing their efforts on a major export drive to maintain production levels. However, the ... |
Waiting for the light19 November 2013, Published under Cement NewsWith cement demand growth slipping below six per cent in 2012, India appears to have fallen short of expectations, in spite of remaining a high-growth market by global standards. As the NCB prepares for its 13th International Seminar on Cement and Building Materials on 19-22 November in New Delhi, ICR looks at the prospects of India’s cement sector. The beginning of 2013 proved a challenging time for the Indian cement sector. As production capacity continues to rise, the industry i... |
Morocco October cement sales down 18.6% YoY13 November 2013, Published under Cement NewsMorocco’s cement market continues to contract with October sales falling by 18.63 per cent YoY, according to data from the Ministry of Housing, Planning and Urban Policy. While the Doukkala-Abda region noted the largest increase in cement sales of eight per cent to 887,179t in October, the key Greater Casablanca market registered a 12.3 per cent YoY drop to 1.637Mt. The slide is closely related to the slowdown in activity in the real estate and public works markets. The government’s M... |
What price for a kingdom?11 November 2013, Published under Cement NewsFuelled by strong demographic growth and high oil prices, the Saudi Arabian government is currently on a US$219bn infrastructure spending spree. With cement demand expected to hit 64Mt by 2014, capacity is now being ramped up with expansion plans by existing producers and the arrival of new players. But with a question mark hanging over the country’s fuel supply, the ability to meet this demand long-term remains uncertain. Modern architectural buildings are already beginning to mix wi... |
Brazil: market developments04 November 2013, Published under Cement NewsBrazil’s recent economic woes have impacted on the scale of the cement sector’s profits and factory utilisation rates, but there is plenty of need for capacity expansion according to industry players. Gearing up for future growth is not an opportunity to be missed it would seem. Southeastern Brazil has been the main area for the country’s cement consumption, but the northeast is now beginning to increase demand The cement industry is a vital sector for Brazil, and over the ne... |
Philippine cement sales rise 7.1% on stronger government spending04 November 2013, Published under Cement NewsCement sales in the Philippines increased by 7.1 per cent to 14.9Mt from 13.9Mt in the same period of last year, according to the country’s cement association, CeMAP. According to Ernesto M Ordonez, president of CeMAP, a rise in July-August sales were driven by higher government spending (especially by the Department of Public Works and Highways), an increase in business confidence and a generally strong economy with good growth. The group added that the expansion in construction proje... |
Global demand growth outlook downgraded28 October 2013, Published under Cement NewsA recent report by Morgan Stanley has lowered the growth outlook for global cement demand for 2013 to adjust for a changing economic landscape in emerging regions. Following economic updates by its analysts, which cut GDP forecasts for most emerging countries, cement volume expectations have been significantly trimmed in half of the world’s regions. The research house now expects two per cent growth in global cement demand in 2013 (excl. China) followed by 3.5 per in 2014 – marking the slo... |
Spanish demand falls 22% in first nine months22 October 2013, Published under Cement NewsCement consumption in the first nine months of this year fell by 22 per cent YoY to 8.3Mt, latest data from domestic association Oficemen shows. In September, demand fell to 947,170t, a decline of nine per cent YoY. "The continuing cuts in public works investments are a blow to the activity and jobs in the construction sector, an industry that has been generating wealth and jobs in our country and a benchmark for global efficiency," CEO of Oficemen, Aniceto Zaragoza, said. Citing da... |
Qatar could face shortages due to lack of capacity additions17 October 2013, Published under Cement NewsQatar could face a “major cement shortage” in the near term with no major capacity expansions in the pipeline to meet expected strong rises in demand, a new report by Global Investment House (GIH) has cautioned. In anticipation of the FIFA World Cup in 2022 in Qatar, there are numerous projects planned and underway to ensure that the country has the right infrastructure and competition venues to support an influx of visitors. Projects are currently focused on housing, hotels, 12 stadi... |