Cement News tagged under: Consumption
DR Congo cement demand weakens in 10M1916 January 2020, Published under Cement NewsGrey cement consumption in the Democratic Republic of Congo reached 390,279t in the first 10 months of 2019, according to ACP. Production reached 959,088t during the same period. The low demand reflects the slowdown in construction work in the building and public works sector. In 2018 cement demand reached 1,045,199t and domestic production 1,043,340t, according to Central Bank of Congo. |
Brazilian cement sales reach 54.5Mt in 201910 January 2020, Published under Cement NewsDomestic cement sales in Brazil advanced 1.6 per cent YoY to 4Mt in December 2019, according to the country’s National Cement Industry Union (SNIC). In terms of sales per business day there was a 2.7 per cent YoY rise when compared with 2018. Apparent consumption in December was up 1.5 per cent YoY to 4Mt. For the full-year 2019 sales increased 3.5 per cent YoY to 54.5Mt, “the first positive result since 2014”, says SNIC in a statement. When viewed as sales per business day, the advance wa... |
China's 2020 demand growth forecast increases10 January 2020, Published under Cement NewsNomura has increased its 2020 demand growth forecast for China from three per cent to five per cent following expectations that Beijing will continue to support its property and infrastructure sectors. The Asian financial services company has seen further room for Beijing to loosen its restrictions on property transactions and investment to shore up economic growth. Plans to build new city clusters will also stay on track and increase cement demand by providing a boost to infrastructure spe... |
Argentina's cement demand falls 6% in 201907 January 2020, Published under Cement NewsArgentinian cement sales dropped 6.1 per cent to 11.1Mt in 2019 compared with 11.89Mt in 2018, according to the country’s cement association, AFCP. No cement was imported during the year, while exports increased 23.4 per cent YoY to 100,197t. The falling sales for the year has been attributed to an economic recession and Argentina's currency devaluation. Sales also declined 15.9 per cent YoY to 744,075t in December 2019, against 818,939t in the year-ago period. Domestic consumption decreas... |
Gabon cement output jumps 21% in 9M1907 January 2020, Published under Cement NewsCement production in Gabon has increased by 20.7 per cent in the first nine months of 2019, according to DirectInfosGabon. Output from CIMAF and CimGabon reached 421,356t. Cement sales advanced by 17.7 per cent to 413,604t due to strong local demand, mainly from the self-build sector during the dry season. Cement company revenues were up 15.8 per cent YoY to XAF39.864bn (US$68m). |
Colombian cement dispatches up 2% in November03 January 2020, Published under Cement NewsDomestic dispatches in Colombia edged up 1.8 per cent to 1.083Mt in November 2019 from 1.065Mt in November 2018, according to the country’s statistics office, DANE. Colombian cement plants produced 1.113Mt of cement in November 2019, up 1.7 per cent when compared with 1.094Mt in November 2018. January-November 2019 Between January and November 2019, cement dispatches totalled 11.436Mt, which represents a 3.6 per cent rise when compared with the year-ago period, when dispatches reached 11... |
Chilean cement demand declines 8% in October02 January 2020, Published under Cement NewsChile’s cement market contracted by eight per cent in October 2019 to 337,959t from 367,167t in October 2018, according to the Chilean construction chamber (CChC). However, MoM demand advanced 8.6 per cent from 311,328t in September 2019. In the first 10 months of 2019 cement consumption advanced 3.9 per cent from 3.273Mt in 10M18 to 3.401Mt. |
Vietnamese cement demand declines 4% in November24 December 2019, Published under Cement NewsCement demand in Vietnam fell by four per cent YoY to 5.437Mt in November 2019, according to data published by the Vietnam National Cement Association (VNCA). When compared with 5.48Mt reported for October 2019, the decline was one per cent. While VICEM saw its deliveries contract by seven per cent YoY to 1.823Mt, for its joint-venture companies the drop was 10 per cent as they supplied 1.453Mt in November 2019. When compared with October, VICEM sales were up four per cent from 1.752Mt an... |
Eastern Indian cement demand to expand 8-10% in FY19-2024 December 2019, Published under Cement NewsCement demand in eastern India is expected to grow by 8-10 per cent in the current financial year despite the economic slowdown, according to industry sources. Cement consumption in India is expected to expand at the slower rate of seven per cent, down from double digits in the previous year. “Cement demand growth during Q1 (April-June 2019) in the east was 15-16 per cent but since then it has tapered off. However, we expect strong demand in Q4 and hope to end the year with 8-10 per cent... |
Spanish cement demand falls 4% in November20 December 2019, Published under Cement NewsCement consumption in Spain fell 4.4 per cent YoY to 1.104Mt in November, according to Oficemen, the country’s cement association. In the year to date, demand has reached 13,321Mt. Exports dropped 30.2 per cent YoY to 0.449Mt from approximately 0.648Mt in November 2018. In the January-November period exports have dropped 21.5 per cent YoY to approximately 5.842Mt. Meanwhile, imports, of mainly clinker, have grown 41 per cent in November and 100 per cent in the year to date to 0.45Mt. “A... |