Cement News tagged under: South America
INC raises cement price16 October 2020, Published under Cement NewsParaguayan cement producer INC has increased the price of a bag of cement by PYG2500 (US$0.42). The company is now selling cement for PYG39,800/bag. The company has attributed the need to increase cement prices due to higher transport costs. The low water level in the Paraguay river has led to the need to use trucks to move raw materials and has also resulted in cement shortages in the country. INC is aiming to maintain supply at 35,000-40,000 bags/day. |
Peru's cement producers see 10% rise in local dispatches in September15 October 2020, Published under Cement NewsCement consumption in Peru remained largely stable at 1.018Mt in September 2020 when compared with August 2020 and increased 10 per cent YoY. Of this total, local dispatches accounted for 1.001Mt, representing a 7.3 per cent rise MoM and a 10.4 per cent increase YoY, according to Asocem, the country’s cement association. Cement production rose 6.7 per cent YoY and three per cent MoM to 1.006Mt in September 2020 while clinker output fell 26.6 per cent YoY but increased 7.4 per cent MoM to 0.... |
Brazil sees robust cement consumption growth in September12 October 2020, Published under Cement NewsCement sales in Brazil saw a 21.4 per cent hike to 5.8Mt in September 2020 when compared with September 2019, according to SNIC, the country’s cement association. Sales per working day were 250,500t, up 18.5 per cent YoY and 2.5 per cent MoM. The key market of the southeast showed a 17 per cent YoY uptake in sales to 2.67Mt while in the northeast, the country’s second-largest cement market, sales were up 30.1 per cent to 1.229Mt. In the south deliveries were up 15.3 per cent YoY to 884,00... |
Argentine cement consumption advances 11% in September07 October 2020, Published under Cement NewsCement demand in Argentina increased 10.5 per cent to 1,037,499t in September 2020, as shown by the monthly report of the country’s cement association, AFCP. This demand was entirely served by domestic producers with no imports recorded. In addition, the country’s cement producers exported 6133t of cement, down 33.6 per cent from 9234t. Total production in Argentina increased 10.1 per cent YoY to 1,043,632t. January-September 2020 However, in the first nine months of the year, cement cons... |
Colombian cement market contracts 4% in August06 October 2020, Published under Cement NewsCement dispatches in Colombia slipped 4.3 per cent to 1.052Mt in August 2020 from 1.099Mt in August 2019, according to the country’s statistics office, DANE. The fall in consumption was mainly driven by an 18 per cent drop in the offtake by ready-mix concrete companies, also reflected by a 11.8 per cent decrease in bulk dispatches. Bagged sales slipped by 0.7 per cent, driven by a 13.1 per cent decline in sales to the construction and contractors segment. Sales to the retail sector edged u... |
Cement dispatches in Peru largely stable14 September 2020, Published under Cement NewsCement dispatches in Peru slipped 0.1 per cent YoY but increased 12.9 per cent MoM to 0.933Mt in August 2020, according to the country’s cement association, Asocem. Domestic producers dispatched 0.944Mt including exports. This represents a 0.3 per cent decrease in volume when compared with August 2019 but a 13.3 per cent rise when compared with July 2020. Cement production in Peru increased 4.5 per cent YoY and 18.9 per cent MoM to 0.977Mt while clinker output fell 31.5 per cent YoY but... |
Corporación Socialista del Cemento accepts Petro cryptocurrency10 September 2020, Published under Cement NewsCement for construction projects in Venezuela supplied by Corporación Socialista del Cemento (CSC) can now be paid for with the country’s cryptocurrency, Petro. The government of Nicolás Maduro has approved the use to “contribute to the economic development of the country.” Users must register in the official CSC portal through the customer service and product programming system, SACPRO. The expansion of payment methods with the Petro is part of the objectives of the Maduro government to... |
Cement sales in Brazil increase 14% in August09 September 2020, Published under Cement NewsCement sales in Brazil continued to rise in August with a 13.6 per cent YoY increase to 5.7Mt, reported the country’s cement association, SNIC. Per working day, sales reached 244,400t, representing a YoY increased of 18.5 per cent and 3.7 per cent MoM. The central-western region saw sales up 25.3 per cent YoY to 728,000t while in the northeast and north sales advanced to 1,197,000t (+23.9 per cent) and 268,000t (+22.9 per cent), respectively. In the south sales were up 11.6 per cent to 936... |
Argentine cement demand declines 13% in August08 September 2020, Published under Cement NewsThe Argentine cement market contracted 12.5 per cent YoY to 917,297t in August 2020, according to the latest data published by AFCP, the country’s cement association. However, when compared with the previous month, an expansion in sales of 6.3 per cent was reported. Domestic cement producers supplied 922,807t of cement, down 12.3 per cent YoY, including 5510t of exports. Exports increased 30.3 per cent YoY from 4230t in August 2019. There were no imports. January-August 2020 In the firs... |
Cemex España seeks authorisation for Cemex Latam public offering08 September 2020, Published under Cement NewsCemex España has requested the authorisation of the Financial Superintendency of Colombia (SFC) to begin a public offering of every ordinary and outstanding share of Cemex Latam registered in the National Register of Securities and Issuers of Colombia and the Colombian Securities Exchange. The public offering is expected to be addressed to all Cemex Latam shareholders, with the exception of those owned by Cemex España or Cemex Latam. The bid review is estimated to take between 2-4 weeks. ... |