Cement News tagged under: Consumption
Vietnam’s dragon of growth29 June 2018, Published under Cement NewsWith strong economic growth fuelling infrastructure investment and China importing more clinker than ever, its not hard to see why Vietnam’s cement producers are enjoying a surge in demand. But the industry remains highly-fragmented and needs to tackle its oversupply situation as new mega plants arrive on the scene. The Vietnamese dragon is a symbol of growth. Last year saw the country report GDP expansion of 6.8 per cent, the highest rate in the last decade Last year saw Vi... |
Vietnam’s cement market expands 29% in June27 June 2018, Published under Cement NewsVietnamese cement producers have sold 8.71Mt in June, up 30 per cent YoY, said the Vietnam Building Material Association. Domestic demand reached 6.91Mt, representing a 29 per cent increase when compared with June 2017, including 2.18Mt sold by Vietnam Cement Industry Corp (Vicem). Exports surged by 35 per cent YoY in June to 1.8Mt. In the 1H18 Vietnam’s total cement sales are estimated to have advanced by 25 per cent YoY to 51.42Mt, or 61 per cent of the 2018 target. Vicem sales reached... |
ICRA: India’s FY19 cement output to rise 6% YoY27 June 2018, Published under Cement NewsWith a recovery in the affordable and rural housing markets and infrastructure construction picking up, India’s domestic credit rating agency ICRA expects cement production in India to rise by six per cent in FY19. However, rising input costs will continue to dampen company profits. Output from India’s cement plants reached 298Mt in FY18, a 6.3 per cent rise when compared with the 280Mt. The main share of this growth took place in the second half of the financial year as key markets regi... |
Uruguayan producers sees 18% rise in sales25 June 2018, Published under Cement NewsTotal cement sales in the 1Q18 in Uruguay totalled 219,000t, representing an increase of 18 per cent YoY. Of this total, 74 per cent were sold in the domestic market while some 26 per cent were exported, according to the Chamber of Industry (CIU). The rise represents the fourth-consecutive quarterly increase in total cement sales following a market contraction that lasted from 2013 to 2017. “Cement sales in Uruguay have a high orientation to the domestic market and in general term... |
Moroccan cement market contracts 5% in 5M1820 June 2018, Published under Cement NewsMoroccan cement sales fell by 4.8 per cent to 5.76Mt in the first five months of 2018 from 6.05Mt in the 5M17, according to the APC, the country’s cement association. The Casablanca-Settat market was down 6.7 per cent to 1.24Mt, but in Marrakech, the second-largest market. cement sales recovered by 8.4 per cent to 808,561t. Tangier-Tétouan-Al Hoceima saw a 3.3 per cent decrease in dispatches to 735,783t. In Rabat-Salé-Kenitra the market contracted 6.3 per cent to 719,034t. Cement produ... |
Peru’s consumption stable in May19 June 2018, Published under Cement NewsPeru’s cement market remained largely stable in May with consumption edging up by 0.6 per cent YoY to 0.778Mt and by 2.5 per cent from 0.759Mt the previous month, according to the latest data by Asocem, the country’s cement association. Peru’s cement production rose 3.4 per cent YoY and four per cent MoM to 0.807Mt in April. Clinker production fell 15.1 per cent to 0.636Mt when compared with April 2018, when output volumes stood at 0.749Mt. However, when compared with May 2017, clinker out... |
ACC expects Indian demand to increase by 7% in 201818 June 2018, Published under Cement NewsIndia’s ACC expects the country’s cement demands to grow by seven per cent this year, assisted by infrastructure projects and the continued focus on rural development and affordable housing schemes. However, intense competition and insufficient consumption will lead to excess capacity, according to the producer. "The cement industry had a growth of six per cent in 2017 as against 5.1 per cent in the previous year. Around 66 per cent of its demand came from the housing sector, followed ... |
US-Puerto Rico Portland and blended cement shipments down 1% in March 201811 June 2018, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico slipped to to 7.42Mt in March 2018 when compared to March 2017, according to the US Geological Survey (USGS). In March 2017 total shipments reached 7.49Mt. The largest state markets were Texas, California, Florida, Georgia and Pennsylvania, in descending order, which accounted of around 46 per cent of domestic demand. Leading producing states were Texas, California, Missouri, Florida and Alabama, in descending order... |
Argentina’s market demand falls 4% YoY in May06 June 2018, Published under Cement NewsArgentine cement consumption decreased by 4.4 per cent to 924,979t in May 2018, according to AFCP, the country’s cement association. When compared with the previous month, demand contracted by 3.5 per cent from 958,184t in April. Of this total, the domestic industry supplied 924,425t, three per cent less MoM, while imports fell from 5160t in April to 554t as Argentina’s producers recovered market share. Compared with May 2017, Argentina’s producers saw their domestic sales ease by 3.9 per... |
April dispatches in Colombia see 14% rise31 May 2018, Published under Cement NewsDeliveries to the Colombian cement market increased 13.9 per cent YoY to 1.025Mt in April 2018, according to the country’s national statistics office, DANE. Antioquia reported a 17.2 per cent rise YoY while in Valle del Cauca and Magdalena, market expansion reached 25.5 and 37.8 per cent, respectively. The Bogotá market remained largely stable while Cundinamarca noted a 3.9 per cent advance. Atlántico saw sales rise by 15.7 per cent while in Norte de Santander deliveries were up 14.1 per ... |