Cement News tagged under: cement consumption
Set for rationalisation?18 June 2014, Published under Cement NewsWith the construction sector predicted to grow by just 1.1 per cent in 2014, there is little for South Korea’s cement producers to look forward to. As the focus turns to overseas markets, cement exports are on the up, but how long can this strategy sustain the country’s cement overcapacity crisis? South Korea’s cement producers will need to find a long-term solution to their overcapacity woes as the domestic market has reached saturation point and export growth is unsustainable ... |
Moroccan cement sales notes 4.5 per cent drop in May10 June 2014, Published under Cement NewsCement sales in Morocco continue to decline as dispatches in May fell 4.46 per cent, bringing the year-to-date fall to 3.37 per cent. The largest decrease was noted in the region of Oued Eddahab-Lagouira where sales plunged 18.5 per cent YoY to 13,273t. In Casablanca sales slipped 1.9 per cent to 835,469t in May 2014. However, in Guelmim-Es-Smar sales jumped 27.4 per cent to 97,353t. Moroccan cement producers have seen the domestic market contract significantly since 2012 when sales fe... |
Russia: open to investment28 April 2014, Published under Cement NewsAttracting private and foreign investment is becoming key for Russia as prices in oil and natural gas come under pressure for funding state projects. Russia’s transition to a modern country will also require large volumes of cement and the ramping up of production capacity is already in full swing. In recent years, Russia has been building new, modern production capacity to replace old wet-process plants Russia’s economy continues to decelerate as consumer spending, key to the c... |
DC market developments16 April 2014, Published under Cement NewsThe United States’ DC Area has been the centre of attention in many ways during recent years. In terms of cement consumption, while the area achieved nearly 20 per cent growth last year compared to its 2010 trough, it may be some years before previous peaks are achieved. By Rob Roy, ROI Consulting, USA. ICR looks forward to meeting delegates at the 2014 IEEE-IAS/PCA Technical Cement Conference and Exhibition in Washington, DC. Visit us at booth No 112! The District of Columbi... |
Happy days again ... almost14 April 2014, Published under Cement NewsFor US cement producers, happy days are almost here again with much more cause for optimism in 2014 compared to the previous eight years. As the PCA’s chief economist, Ed Sullivan, explains, the improving outlook is based on the emerging trends for the economy and construction activity as the housing-led recovery starts to become more widespread. By Ed Sullivan, PCA, USA. US cement market can look forward to happier times ahead as the country emerges from the Great Recession The... |
French cement market advances 6.6% in 1Q1407 April 2014, Published under Cement NewsCement consumption in France increased 6.6 per cent to 4.386Mt in 1Q14 compared to 4.115Mt in the same period of last year, according provisional data released by French cement association SFIC. Domestic producers delivered 4.04Mt with the balance supplied by imports. During the quarter, exports rose by 21.8 per cent YoY to 313,000t comprising 269,000t of cement and 44,000t of clinker – a YoY rise of 24.5 and 7.3 per cent, respectively. Last year, French cement consumption fell by 3.8 per ... |
India: adjusting to new times07 April 2014, Published under Cement NewsThe latest financial updates from some of India’s leading cement producers suggest that the long-awaited revival in higher consumption trends is still some way off. The industry remains weighted under slowing demand growth, concerns over capacity utilisation rates and downward pricing pressures. Sector specialists are now calling for stimulus measures to help draw the market out of its current slowdown and help absorb current capacity and expected new volumes. India’s general election... |
Dangote’s South African entry07 April 2014, Published under Cement NewsSouth Africa’s cement producers are looking forward to continued growth as the government develops the country’s infrastructure and expands its residential sector. Against this background, Dangote’s Cement expects a positive start-up for two new cement facilities under its Sephaku Cement venture, one of which was has recently entered official production and the other is due for commissioning in mid-2014. By DVG Edwin & Peter Fourie, Dangote Cement, South Africa. Dangote’s entry into S... |
Peru's cement market at a glance09 December 2013, Published under Cement NewsPeru is currently home to one of the world’s fastest-growing cement markets. Solid economic development has been supported by successful mining and construction sectors which have been the primary engines of growth. Peru's construction sector has been one of the country's primary engines of economic growth Table 1 shows domestic consumption trends over the 2006-12 period. In terms of the geographical breakdown of demand, the central region (including Lima) accounts for 56 ... |
Vietnam’s balancing act04 December 2013, Published under Cement NewsThe economic slowdown and the real estate bubble in Vietnam have resulted in a sharp decrease in cement demand in the past few years and an oversupply is envisaged in the years to come. However, the overall surplus situation barely scratches the surface, as balancing regional supply and shortages poses a far more complicated issue that must quickly be addressed. By Huong Thieu and Duy Nguyen, StoxPlus Corp, Vietnam. While the north and central Vietnam faces a surplus cement supply sce... |