Cement News tagged under: cement consumption

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Spain's cement demand up 9% in May

18 July 2018, Published under Cement News

The Cement Demand Index in Spain noted a YoY 9.3 per cent rise in May 2018, down 1.2 percentage points when compared with the previous month, according to Oficemen, the country’s cement association. In the last 12 months Spain’s cement market totalled 12.8Mt of cement, up 1.1Mt when compared with the same period of the previous year. “These volumes maintain the annual demand for cement in our country in figures similar to those recorded in 2013 and in half of what would be a normal le...

Steppe Cement 1H18 volumes rise by 14%

11 July 2018, Published under Cement News

In the 1H18 Steppe Cement Ltd sold 738,228t of cement for KZT10,539m (US$30.7m), compared with 650,333t of cement for KZT8553m in 1H17. This represents an increase of 14 per cent in volume and an increase of 23 per cent in turnover over the same period in 2017. The average price for the current period for delivered cement was KZT14,276/t (ex VAT), compared with KZT13,151/t in the corresponding period of 2017. The ex-factory price for the current period was KZT11,560/t, compared with KZT11,...

Pakistan cement consumption grows 13.8% in fiscal 2017-18

05 July 2018, Published under Cement News

Pakistan cement industry ended fiscal 2017-18 on a jubilant note, by posting yearly growth of 13.84 per cent with domestic consumption increasing by 15.42 per cent and exports inching up by 1.77 per cent. This is the first time in nine years that cement exports have registered a growth. According to data released by All Pakistan Cement Manufacturers' Association (APCMA), during the fiscal year 2017-18, domestic consumption stood at 41.147Mt, an increase of 15.42 per cent from 35.651Mt in 20...

Spain’s cement consumption sees 12% YoY in April

19 June 2018, Published under Cement News

Spanish cement demand rose by 11.7 per cent YoY in April, according to the country’s cement association, Oficemen. The growth has been attributed due to a recovery in housing starts, particularly in large cities such as Madrid and Barcelona, which have seen apartment prices rise in the last three years. In the last 12 months up to April, 12.4Mt of cement were consumed in Spain, which represents an additional 1.25Mt when compared with the same period of the previous year. New residential h...

Building the Balkans

04 June 2018, Published under Cement News

While some of the Balkan states are among the youngest countries in Europe, their cement demand has remained relatively low since the global financial crisis of 2008. But this is expected to grow as improved infrastructure connections and EU funding are helping to build greater economic strength in the region. Titan’s 1.5Mta Antea works is the largest cement works in Albania, accounting for more than 40 per cent of domestic cement capacity The Balkans is an area of southern E...

Peru's cement market expands 5% in January

26 February 2018, Published under Cement News

Peru's cement consumption expanded five per cent to 0.861Mt in January 2018 when compared with the previous year, but fell eight per cent MoM, according to the country’s cement association, Asocem. Per capita cement consumption in the Latin American country slipped 0.1 per cent YoY to 321kg but edged up 0.3 per cent when compared with December 2017, when it stood at 319kg. Peruvian cement producers increased their domestic dispatches by 3.9 per cent YoY to 0.798Mt from 0.767Mt while to...

Lighting up the mighty Xuan Thanh

15 January 2018, Published under Cement News

Vietnam’s first mega plant and 12,500tpd kiln line was commissioned by Xuan Thanh Cement JSC at Ha Nam on 9 October 2017. The line is a bold statement and an apt symbol of the tremendous development achieved by Vietnam, one of Asia’s most dynamic emerging markets, over the course three decades of almost uninterrupted economic growth. ICR reports on the new production line and the Xuan Thanh’s ambitions to construct a further three 12,500tpd lines by 2020. Xuan Thanh cement plant, buil...

Sri Lanka consumption down by 29% in October

11 January 2018, Published under Cement News

Cement sales in Sri Lanka fell 29.2 per cent YoY to 566,000t in October, according to the Central Bank of Sri Lanka. The drop follows a gain of 30.6 per cent YoY to 763,460t in September after falling for three consecutive months until August. In 8M17 sales reached 1.942Mt, down 9.1 per cent when compared with the equivalent period of the previous year. However, the bank’s governor, Dr Indrajit Coomaraswamy, said the decrease was nothing more than a blip and does not imply that the co...

Brazil cement market faces subdued recovery

11 January 2018, Published under Cement News

Following three years of strong market contraction, Brazil’s cement producers may still face some months of weak demand before a pick-up in sales emerges. Brazil’s cement association, SNIC, estimates total sales growth for 2018 between 1-2 per cent, barely making up for the 24.2 per cent contraction since its 71Mta peak in 2014. In 2017 cement sales fell 6.4 per cent to 53.8Mt. An effective recovery in demand will only come in the second half," Paulo Camillo Penna, president of SNIC. ...

Mexican cement demand forecast to fall 3% in 2017

03 January 2018, Published under Cement News

Mexican cement consumption is expected to reach 43Mt in 2017, representing a three per cent YoY decrease when compared with 2016, according to the National Chamber of Cement (CNC). The fall is the first since 2013. The market contraction has been attributed to a weak construction sector and the uncertainty around the NAFTA negotiations. Cement companies were also at the centre of controversy as they increased prices by a total of 10.18 per cent by November, the highest level in a decad...