Cement News tagged under: Supply & Demand

RSS feed

On the US Coast

07 December 2018, Published under Cement News

Despite uncertainties ahead, cement demand on the East and West Coasts of the US is expected to grow around four per cent as the country continues its economic recovery. With ample local kiln capacity and ready access to cement imports, coastal cement supply is expected to grow in line with regional consumption requirements. By Rob Roy, ROI Economic Consulting, USA. US Coastal markets have particularly benefitted from easy access to cement and clinker imports to support local const...

Deep into the Saudi down-cycle

19 November 2018, Published under Cement News

Saudi Arabia’s cement industry has faced a challenging few years as construction activity decreased following a more cost-conscious government budget. However, while many positive steps have been taken, the sector’s recovery could be protracted. By Pritish Devassy, Al Rajhi Capital, Saudi Arabia. While the Saudi cement industry has faced a challenging few years, the dust appears to be slowly settling with signs of a recovery emerging The largest economy in the Middle East, Sa...

India’s changing trajectory

07 November 2018, Published under Cement News

After a period of abnormally-high growth, India’s cement sector has begun to moderate and return to normal levels. Meanwhile, rising fuel and power costs have impacted the profitability of the major producers. Furthermore, the country’s capacity utilisation is at risk as new investments may push the supply-demand imbalance further. Mumbai is expected to benefit from several large-scale infrastructure projects, including a US$2.4bn airport and a new INR180bn Trans-Harbour Link bridg...

Germany: spending spree ahead?

02 November 2018, Published under Cement News

The need for Germany to begin spending its accrued budget surplus on infrastructure projects and housing is starting to weigh heavily on the new government. The cement industry has invested and is able to increase output. Will the public purse strings be loosened? HeidelbergCement’s Burglengenfeld plant in Bavaria is just one of several German cement plants that have carried out upgrades to improve production efficiency and reduce the environmental impact of their operations ...

Turkey’s overseas view

18 October 2018, Published under Cement News

The Turkish cement industry has seen its export volumes rise from year on year, making it Europe’s largest cement exporter and the third-largest in the global rankings. Key exporters include Batiçim, Nuh Cement and Medcem, all of whom benefit from well-equipped export operations in strategic locations. By Turkish Cement Exporters’ Association, Turkey. Turkey’s surplus capacity has enabled the country to build an extensive export base Turkey’s total domestic cement sales reached ...

Turkey turns the tables

11 October 2018, Published under Cement News

Despite weathering a series of fluctuations in its economic, political and social structure within the last year, Turkey is once again witnessing a boost in its construction market as a result of urban transformation projects. As a result, the country’s cement industry is expected to expand further in the coming years. By Turkish Cement Manufacturers’ Association (TÇMB), Turkey. Exports will play an important role in the future of the country’s cement industry In 2017 Turkey exp...

Europe’s positive prospects

24 September 2018, Published under Cement News

Political developments across Europe have created considerable market uncertainty, due to potential policy changes unsettling the construction market. However, prospects for the region look widely positive as the majority of leading countries continue to recover. ICR considers the current state of the European cement industry. Germany’s housing sector is expected to be the key in driving construction demand in Europe’s largest cement market Europe’s economy is showing modest but...

Trading up prospects

30 August 2018, Published under Cement News

The South American region (excluding Brazil) has many cement producers not only investing in new production lines in their domestic markets but also looking to build capacity to advance exports. ICR provides a round-up of recent activity in the region and looks at the reasons for increases in cement demand and production capacity. In Argentina cement producers such as Cementos Avellaneda (pictured) continue to expand their capacity South America is one of the smaller cement-prod...

Ready to rise again?

20 August 2018, Published under Cement News

Following the country’s recent presidential election, the economy of South Africa has returned to positive growth. ICR looks at the impact this has had on its highly-competitive cement industry and how other factors such as overcapacity mean that it remains a challenging environment for producers. Cement consumption in South Africa is set to stabilise following the recent political developments The election of Cyril Ramaphosa as the South African president following the resigna...

African aspirations

24 July 2018, Published under Cement News

East Africa’s cement sector has remained resilient in recent years, despite oversupply and power shortages. ICR reviews the main east African markets as the battle to increase market shares intensifies and modernisation is further challenged by new entrants taking on the established players. Tanga Cement is building on the strength of its Simba brand to compete effectively with new entrants in the Tanzanian cement market Growth in cement consumption continues to stimulate the...