Cement News tagged under: Consumption
Peru's cement demand edges up in June26 July 2017, Published under Cement NewsPeru’s cement producers dispatched 777,000t of cement in June 2017, representing a 2.2 per cent increase YoY, according to the latest data from Asocem, the country’s cement association. In June 2016, the domestic market required 756,000t. Total dispatches, which include exports, advanced 2.7 per cent YoY from 781,000t to 802,000t in June 2017. Output rose 2.2 per cent from 792,000t in June 2016 to 809,000t one year later. In terms of the rolling year, domestic cement deliveries reache... |
Indian market to expand 5% in FY17-1821 July 2017, Published under Cement NewsInfrastructure and housing are expected to drive India’s cement demand in FY17-18. Consumption is forecast to increase five per cent YoY as growth accelerates from 1.2 per cent in FY16-17, according to Business Line. In FY16-17 output fell to 279.8Mt as demonetisation affected the market and saw sales volumes decrease by nine per cent between November 2016 and March 2017. However, the market picked up in April, bouncing back with a growth of 17 per cent and supported by rising prices as t... |
Steppe Cement price focus helps lift 1H turnover19 July 2017, Published under Cement NewsSteppe Cement reported a 15 per cent decline in volumes for the first half of 2017 while turnover was up by four per cent over the same period as the Kazakhstan-based producer focussed on pricing. In a market update for the first half of the year published on Monday, the company said sales volumes fell to 650,333t from 761,777t a year earlier. Meanwhile, turnover reached KZT8553m (US$26.2m) versus KZT8190m in 1H16. The average price for delivered cement in the 1H17 increased to KZT13,15... |
Indonesia 1H sales dip, exports rise18 July 2017, Published under Cement NewsCement sales in Indonesia registered a slight decline over the first half of this year, while exports sales fared better over the six-month period, according to the latest industry data. Domestic sales were down by 1.3 per cent YoY to 29Mt in the 1H17, compared to 29.37Mt a year earlier, statistics published on state-owned Semen Indonesia’s website reveal. Widodo Santoso, chairman of the Indonesian Cement Association (ASI), told local press that the decline is attributed to the long hol... |
Argentina consumption up 17% YoY in June18 July 2017, Published under Cement NewsArgentina’s cement market expanded 4.1 per cent MoM to 1,007,450t in June, according to the country’s cement association, AFCP. When compared with June 2016, the increase reached 17.2 per cent. Around 8972t of imports are included in this figure – more than quadrupling when compared with June 2016 although when compared with May 2017, the rise is more modest at 51 per cent. Domestic cement companies dispatched 1,001,428t, including exports, up 3.6 per cent MoM and 16.1 per cent YoY. Of th... |
Moroccan monthly sales down 31%17 July 2017, Published under Cement NewsThe Moroccan cement market contracted in June by 30.6 per cent YoY to 721,846t from 1,039,544Mt in June 2016, according to the country’s Ministry of Housing. The drop in sales was attributed to a slowdown in construction activity. In the first half of 2017, demand decreased 9.24 per cent to 6,771,681t with all parts of country seeing a drop in sales, apart from a few southern provinces. The largest MoM decline was reported in the eastern region, where sales fell by 39.8 per cent, from... |
Cement demand in Brazil continues fall in 1H1712 July 2017, Published under Cement NewsCement sales in Brazil in the 1H17 fell 8.8 per cent YoY as the domestic market required 26.015Mt of cement, according to Brazil’s cement association, Sindicato Nacional de la Industria del Cemento (SNIC). In the southeast of the country, the largest segment, sales fell from 13.12Mt in 1H16 to 12.21Mt in 1H17, representing a decrease of 6.9 per cent. However, both the northeastern and central-eastern regions reported a drop of around 11 per cent to 5.61Mt and 2.67Mt, respectively. In the ... |
Vietnam struggles with over-capacity12 July 2017, Published under Cement NewsAs domestic output continues to outstrip local demand, Vietnam is facing a 26Mt cement glut in 2017, according to the Vietnam Cement Association (VNCA). Production from domestic cement plants is expected to reach 86Mt while the market is forecast to off-take 60Mt. Meanwhile, exporting the surplus is becoming increasingly more difficult as the imposition of five per cent export duty has prevented local cement firms from promoting exports of their clinker and cement. The VNCA earlier... |
Spain’s cement consumption increases 11% in 5M1711 July 2017, Published under Cement NewsCement consumption in Spain has increased 10.8 per cent YoY to 4,887,751t in the first five months of the year, according to Oficemen, the country’s cement association. A significantly-improved growth rate in May of 15.3 per cent has seen the latest monthly figure reach 1,101,046t and offset the decrease seen in April. If the current growth rate is maintained, it is expected that full-year demand will reach 12.3Mt. However, date for the rolling year from June 2016 to May 2017 show a m... |
Pakistan full-year growth slows10 July 2017, Published under Cement NewsPakistan dispatched 40.315Mt of cement of during fiscal year 2016-17, up 3.71 per cent YoY, the latest data from the All Pakistan Cement Manufacturers Association (APCMA) shows. Capacity utilisation for the year was 86.9 per cent. During the July 2016-June 2017 period domestic cement dispatches from the north zone were 29.141Mt (+7.72 per cent) and exports were 3.150Mt (-18.22 per cent). Meanwhile, dispatches from the south zone rose by 9.47 per cent YoY to 6.511Mt. However, exports were... |