Cement News tagged under: cement consumption
Kenya: cement consumption falls 5.3% in 3Q1604 January 2017, Published under Cement NewsThe growth in cement consumption fell by 5.3 per cent in the third quarter of 2016 compared to 3Q15, according to a report from the Kenya National Bureau of Statistics (KNBS). The KNBS data shows that the domestic market consumed 1.52Mt of cement in the three months to September 2016, compared to 1.45Mt in the same period in 3Q15 and 1.3Mt in 3Q14. The decline in cement demand was in line with a general slowdown in the construction sector. Lower demand from major infrastructure p... |
Oficemen: full-year cement demand in Spain expected 3% down20 December 2016, Published under Cement NewsCement demand in Spain edged up 0.6 per cent YoY in November to 1,008,191t, according to the country's cement association, Oficemen. In the January-November period, consumption fell three per cent YoY to 10.336Mt. The association expects full-year domestic cement sales to be down three per cent when compared to 2015. "The electricity price has risen more than 80 per cent from April to October and leaves us at the edge of the abyss in the international markets," explains the CEO of Oficeme... |
Moroccan cement demand stable in November16 December 2016, Published under Cement NewsCement sales in Morocco experienced a 3.5 per cent drop YoY to 1.2Mt in November 2016, according to the country’s Ministry of Housing and Urban Policy. In regional terms, the Tanger-Tétouan-Al Hoceïma region saw demand drop 15.7 per cent to 145,574t and in Rabat-Salé-Kénitra sales were down 6.8 per cent to 147,023t while Souss Massa noted an 8.3 per cent rise in sales to 111,544t. In Casablance-Settat sales fell 2.8 per cent to 267,095t and in Oriental they dropped 3.8 per cent to 119,677t... |
Peru’s cement market contracts more than 6% in November16 December 2016, Published under Cement NewsCement consumption in Peru continues to fall with domestic sales noting a 6.6 per cent YoY decline from 914,000t in November 2016 to 854,000t in November 2016, according to Asocem, the country’s cement association. Demand in the January-November 2016 period reached 10.029Mt, down three per cent YoY from 10.335Mt in 11M15. Production fell by 8.7 per cent YoY to 871,000t in November from 955,000t the previous year and noted a 2.6 per cent fall from 10.77Mt in 11M15 to 10.49Mt for the firs... |
Argentina sees 1.6 per cent drop in domestic cement dispatches08 December 2016, Published under Cement NewsArgentina’s cement market decreased 8.8 per cent MoM and 1.6 per cent YoY to 1,007,207t in November 2016, according to the country’s cement association, AFCP. In addition, around 5,898t of cement were imported, representing a 0.7 per cent fall MoM but a 36.5 per cent rise YoY. However, domestic cement producers were able to increase export sales by 32.8 per cent MoM and 85.4 per cent YoY as 10,663t of cement crossed national borders. For the first 11 months, the domestic cement market co... |
Moroccan cement demand up 8.4% YoY Oct 201625 November 2016, Published under Cement NewsMoroccan cement sales increased 8.4 per cent in October 2016 when compared with the previous year. In the first 10 months of 2016, cement sales in the kingdom edged up by 0.9 per cent, according to the Directorate of Financial Studies and Forecasting (DEPF), Ministry of Economy and Finance. Real estate loans were up 2.4 per cent to MAD246.4bn (US$24.4bn) at the end of the first nine months of 2016, an improvement when compared with the 2.2 per cent increase noted in 9M15. |
Russia sees 9% fall in 3Q cement demand and output22 November 2016, Published under Cement NewsRussia’s cement consumption and output noted a nine per cent fall in the third quarter of 2016 when compared with the same period a year ago. Volumes decreased to 18.39Mt and 18.35Mt, respectively, according to Construction.ru. The market contraction has been attributed to a four per cent decrease in construction work volume. The country’s cement plants saw an average capacity utilisation of 70.4 per cent in 3Q16, down 7.3 percentage points when compared with 3Q15. Tulacement came at the t... |
Spain: demand sees 7% YoY decrease in October 201618 November 2016, Published under Cement NewsCement consumption in Spain fell 7.2 per cent YoY in October to 936,568t, according to the Spanish cement association, Oficemen. For the first 10 months of 2016, cement demand has fallen by 3.4 per cent YoY to 9,328,077t – 324,831t less than in 10M15. Oficemen expects full-year cement consumption to fall by over three per cent. |
Philippine cement sales growth slows in 3Q1617 November 2016, Published under Cement NewsWhile cement sales growth in the Philippines slowed in 3Q16, continued construction activities saw 9M16 cement sales record double-digit growth. Nine-month sales increased 10.1 per cent to 20.12Mt, according to Cement Manufacturers Assocation of the Philippines President, Ernesto Ordoñez. “The year-to-date increase shows the overall continued uptrend in government infrastructure spending, as well as the private sectors’ increased contribution due to confidence in the Philippine government... |
Saudi Arabia: cement sales down 7%14 November 2016, Published under Cement NewsA recent report from Al Rajhi Capital Research stated that total cement sales in Saudi Arabia fell 6.8 per cent YoY to 47Mt in the first 10 months of 2016, from 50.2Mt in the same period last year. Clinker production also saw a decline, falling 1.7 per cent YoY. Total cement sector revenues declines 19 per cent YoY as a result of lower sales volume (which was down 10.5 per cent YoY) and a fall in the average realised price/t for most companies. Aggregate net income saw a significant decline ... |