Cement News tagged under: Supply & Demand

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Saudi: a belief in brighter days

17 November 2020, Published under Cement News

Some of the shine has been taken off Saudi Arabia’s cement market as a result of the COVID-19 pandemic and lower oil prices. However, the sector remains relatively healthy and the housing market is expected to continue driving demand, while the implementation of mega projects could be a game-changing catalyst. By EFG Hermes, Saudi Arabia. Saudi Arabia’s long-term potential trumps short-term challenges Despite the COVID-19 shock, cement demand in Saudi Arabia is expected to grow ...

Iran's cement production rises 14% YoY

17 November 2020, Published under Cement News

Iran's cement production in the first six months of the year (starting in March 2020) rose 14.4 per cent YoY to 35.63Mt, compared with 31.15Mt in the year-ago period, according to data provided by the Ministry of Industry, Mines and Trade. According to the Islamic Republic of Iran Customs Administration (IRICA), in the first five months of the current Iranian calendar year it has exported 5,847,201t of cement, worth more than US$127.9m, to 28 countries. India, Afghanistan, Russia, Iraq...

India: beyond the headwinds

03 November 2020, Published under Cement News

India has become the second-worst affected country by the COVID-19 health crisis. Consequently, construction activity has taken a hit and cement demand saw a dramatic collapse in the April-June 2020 quarter. As the pandemic continues to play out, ICR assesses the impact on domestic cement producers and prospects for recovery. As COVID-19 exerts unprecedented stress on India’s cement industry, ICR looks at the latest available data to date for the April-June 2020 period and...

Côte d’Ivoire: year of uncertainty

19 October 2020, Published under Cement News

With COVID-19 affecting economic activity throughout sub-Saharan Africa, the cement market in Côte d’Ivoire faces a particularly uncertain year as presidential elections and a political crisis add further factors of volatility to the sector. In addition, new plant projects provide extra capacity in an industry that is already subject to over-capacity. By Limak Holding, Turkey. The cement market of Côte d’Ivoire continues to provide some opportunities going forward, but overcapacity...

Tajikistan reports 4% rise in cement production

09 October 2020, Published under Cement News

Tajikistan has produced more than 2.8Mt in the first eight months of 2020, representing a rise of 3.5 per cent YoY over the 8M19. There are 13 companies currently producing cement in the country, with an estimated annual capacity of 4.7Mta.

Germany: leading the recovery

05 October 2020, Published under Cement News

The German cement sector has fared better than most during the pandemic. Cement demand is forecast to remain stable this year, with a more cautious outlook for 2021. Meanwhile, producers are embracing the latest technology for a leaner, greener manufacturing base. HeidelbergCement’s plant at Burglengenfeld, Germany, was modernised in 2017-18 with a new kiln, baghouse and SNCR system Germany’s economic growth slowed to 0.6 per cent in 2019 from 1.5 per cent the previous year,...

Turkey: looking to the future

21 September 2020, Published under Cement News

Following two consecutive years of cement market contraction, Turkey began 2020 on a more hopeful note with first-quarter production, demand and exports ahead. However, the COVID-19 pandemic has provided a setback that the cement sector is looking to overcome through its strong export base and new construction projects. By Dr Tamer Saka, Turkish Cement Manufacturers’ Association (TÇMB), Turkey. The Turkish cement sector is preparing to overcome the impact of COVID-19 after a posit...

Creating France’s post-COVID-19 landscape

14 September 2020, Published under Cement News

While the coronavirus pandemic has affected France’s construction sector, going forward there are new opportunities for domestic cement producers as they support a shift in focus, creating a different landscape to address climate change. By Syndicat Français de l’Industrie Cimentière (SFIC), France. Prior to the outbreak of COVID-19 in France, domestic cement output had increased by 4.4 per cent in January and market growth accelerated to 5.2 per cent in February, according to I...

Spain: drivers for development

02 September 2020, Published under Cement News

In 2019 Spanish cement consumption registered its third consecutive year of recovery but the impact of COVID-19 has now brought fresh uncertainty. Despite the demand situation, Spanish cement association, Oficemen, discusses how the domestic sector continues to evolve and is finding ways to lay the groundwork for future development. By Oficemen, Spain. Despite the impact of COVID-19 on the Spanish cement industry, the sector is focussed on its future, supported by a drive to includ...

Bracing for an uncertain future

25 August 2020, Published under Cement News

Despite being a general election year, Indian cement demand growth unexpectedly stagnated for most of 2019. Furthermore, the ongoing COVID-19 crisis further restricted demand in the opening quarters of 2020. Going forward, considerable uncertainty remains and hope rests on an economic recovery led by a large-scale stimulus package. The decline in investment proposals and project announcements in India’s infrastructure sector suggest a sluggish demand environment due to the coronavi...