Argentina's cement market contracts by 26% in August
Cement dispatches in Argentina fell by 26.4 per cent YoY and 2.7 per cent MoM to 888,745t in August 2024 from 1,208,153t and 913,317t, respectively, according to the country's c...
Argentina
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Negotiations for Loma Negra sale continue despite expiration exclusivity
The potential sale of Loma Negra to CSN has entered a new phase after the exclusivity term to negotiate a deal expired on 12 August after an automatic renewal but has not been r...
Argentina's cement market contracts 15% in July
Cement demand in Argentina fell 14.5 per cent YoY to 913,319t in July 2024 from 1,067,680t, according to the national cement association, AFCP. However, when compared with June ...
Positive operational results boost Loma Negra 2Q24 net profit
Loma Negra , the leading cement producer in Argentina, has announced its results for the three-month period ending 30 June 2024. Net sales revenue for the period was ARS136.1m (...
Argentine cement market contracts 33% in June
Cement demand in Argentina fell 32.8 per cent YoY and seven per cent MoM to 725,661t in June 2024, according to the country’s cement association, AFCP. This includes 81t of impo...
Argentina's cement demand down 27% in May
Argentina's cement market contracted by 27.2 per cent YoY to 780,541t in May 2024 from 1,071,951t, but compared with April 2024, dispatches were up 19 per cent, reports the coun...
Argentine cement market contracts 31% in 4M24
Cement demand in Argentina fell to 661,122t in April, representing a YoY drop of 35.7 per cent from 1,028,598t in April 2023 but up 4.2 per cent MoM from 634,342t in March 2024,...
Argentine cement market contracts 24% in February
Cement consumption in Argentina fell 23.5 per cent YoY to 684,960t in February 2024 from 895,938t in February 2023, according to the country’s cement association, AFCP. When com...
A more concise InterCement Participaçoes
The last year has seen InterCement Participacoes (Mover) work hard to divest parts of its cement business to lower its debt. It is now being courted by several leading cement pr...
Companies circle for InterCement's assets
Companhia Siderúrgica Nacional (CSN) and a consortium led by Votorantim Cimentos , including Polimix and Buzzi, have made binding proposals for the purchase of the assets in Bra...