Cement News tagged under: South America
Colombian cement market contracts 7% in August16 October 2023, Published under Cement NewsCement consumption in Colombia declined 7.3 per cent to 1.103Mt in August 2023 from 1.19Mt in August 2022, according to the national statistics office, DANE. Contributing to this overall trend, bulk sales were down 9.6 per cent YoY while bagged cement sales decreased by 6.2 per cent YoY. The drop was led by the building companies and contractors segment, which reduced their off-take by 19.9 per cent YoY during the period, while concrete companies reported a 5.9 per cent drop in requireme... |
Chile’s cement dispatches drop 18% in August16 October 2023, Published under Cement NewsCement dispatches in Chile saw a 17.5 per cent drop in August 2023 to 247,238t from 299,855t in August 2022, according to the country’s construction chamber, CChC. In the January-August 2023 dispatches were down 8.7 per cent YoY to 2,326,421t from 2,549,139t in the 8M22. |
Brazilian cement market contracts 2% in 9M2313 October 2023, Published under Cement NewsCement sales in Brazil declined by 4.6 per cent YoY to 5.222Mt in September 2023 from 5.476Mt, according to the Brazilian cement association, SNIC. High basic interest rates of 12.75 per cent continue to impact the amount of real state financing for construction, which had a reduction of 44 per cent in the period up to August 2023 when compared with the previous year. In addition, the recovery of population income continues to slow and there remains a high level of household debt, which reac... |
Argentina’s cement market contracts 8% in September12 October 2023, Published under Cement NewsCement consumption in Argentina fell by 7.8 per cent YoY to 1,118,042t in September 2023, according to the country’s cement association, AFCP. Argentina’s total demand was met by local producers and no imports were recorded. Domestic cement producers manufactured 1,122,500t of cement, down 7.8 per cent YoY in September 2023. Of this total, they exported 4458t, representing a 10.5 per cent decrease when compared with September 2022, when 4982t were exported. January-September 2023 In the... |
Cemento Polpaico closes two concrete plants09 October 2023, Published under Cement NewsChile-based Cemento Polpaico announced the closure of two concrete plants in Quilín and Renca, Metropolitan Region, as well as the temporary halt of operations at the Aconcagua Áridos plants. The step is due to the negative trend in the results of Polpaico Soluciones, which showed accumulated losses of CLP8386m (US$9.1m) before taxes as of June 2023 as a result of the crisis affecting the sector, reports CE Noticias Financieras. Moreover, the industry expects a 28 per cent drop in result... |
Peru’s cement market contracts by 10% in August18 September 2023, Published under Cement NewsCement dispatches in Peru declined by 10 per cent YoY to 1.089Mt in August 2023 from1.211Mt in August 2022, according to the country’s cement association, ASOCEM. Of this total, ASOCEM members supplied 1.015Mt, down from 1.167Mt in August 2022. Non-members dispatched 74,000t, up from 44,000t in August 2022. However, when compared with July 2023, dispatches were up six per cent. Cement production in member plants was down 12 per cent YoY to 1.011Mt in August 2023 from 1.145Mt in the year-ag... |
Chile’s dispatches increase 1% in July14 September 2023, Published under Cement NewsCement dispatches in Chile were up by 1.4 per cent YoY to 280,545t in July 2023 from 276,554t in July 2022, says the Chilean construction chamber, CChC. However, in the January-July 2023 period, the country’s cement market contracted by 7.6 per cent YoY to 2.079Mt from 2.249Mt in the first seven months of 2022. |
Argentine dispatches slip 1% in August12 September 2023, Published under Cement NewsCement dispatches in Argentina declined by 1.4. per cent YoY to 1,209,746t in August 2023 from 1,226,632t in August 2022, according to the country’s cement association, AFCP. Domestic cement production fell 1.6 per cent to 1,211,267t in August 2023 when compared with an output of 1,231,313t in August 2022. While cement producers supplied the entire domestic market, they also exported 1521t of cement in August 2023, down from 4682t in August 2022. January-August 2023 In the January-Aug... |
Colombia’s cement market contracts 7% in July11 September 2023, Published under Cement NewsCement consumption in Colombia declined 6.5 per cent YoY to 1.052Mt in July 2023 when compared with 1.125Mt in July 2022, according to the country’s statistics office, DANE. In July 2023 sales to construction companies and contractors dropped by 14.6 per cent YoY, while sales to ready-mix concrete companies edged up by 0.3 per cent YoY. The retail sector’s off-take was down by 5.8 per cent YoY. Bagged cement sales declined by 7.3 per cent YoY in July 2023 while sales of bulk cement saw a... |
Brazilian cement sales up 2% in August08 September 2023, Published under Cement NewsCement sales in Brazil increased by 1.8 per cent YoY to 5.973Mt in August 2023 from 5.867Mt in August 2022, according to the national cement association, SNIC. The recovery of the macroeconomic framework and of the labour market as well as the initial results of the debt settlement programme (Programa Desenrola) are leading to improved consumer confidence. However, the lower income of the population, high interest rates and high family indebtedness are continuing to affect cement sales. ... |