Cement News tagged under: cement demand
Moroccan cement demand drops 5.4% in 201403 February 2015, Published under Cement NewsThe Moroccan cement market contracted by 5.4 per cent to 14.1Mt in 2014, reaching a new low as demand hits a level not seen since 2008. The country’s construction sector remains depressed with 177,300 dwellings starting construction but no advances in social housing or self-construction. In addition, the higher-end real estate and tourist markets no longer provide relief. Historically-low interest rates are also unable to reinvigorate the market and economic uncertainty weighs heavily on ... |
Vietnam records 47% rise in January cement demand02 February 2015, Published under Cement NewsVietnam’s cement consumption increased six per cent MoM and 47 per cent YoY to 4.37Mt in January 2015, according to the Department of Building Materials at the country’s Ministry of Construction. The country's leading cement producer Vietnam Cement Industry Corporation (Vicem) sold 1.41Mt of cement in domestic markets, up 46 per cent YoY. Exports reached 1.5Mta. By the end of January, the cement inventory was around 2.69Mt, primarily clinker. Ministry forecasts expect cement demand ... |
US consumption growth 4.2% in 201323 December 2014, Published under Cement NewsUS cement consumption growth reached 4.2 per cent in 2013, according to the latest assessment of the sector by the Portland Cement Association (PCA). In its publication entitled "2013 Apparent Use of Portland Cement, State & Market Report”, the PCA notes that annual growth was driven by residential and non-residential building, up 17.2 and 11.9 per cent, respectively. Meanwhile, the public sector shrank by four per cent, placing a drag on overall growth rates. |
Mexican and Colombian imports to help meet Nicaragua project10 October 2014, Published under Cement NewsImports from Mexico and Colombia can ensure the supply of cement for the Gran Canal Interoceanico project in Nicaragua, according to the president of the High Council of Private Enterprise, José Adán Aguerri. He added that steps were being taken to further research supply options in the wider region, including the Caribbean, with the help of the private sector. However, the area faces supply shortages, which are expected to require further capacity building by cement companies. For example... |
Brazil: still on the expansion trail26 August 2014, Published under Cement NewsBrazil’s cement producers continue to expand their capacity as they prepare for anticipated market growth. The first five months of 2014 have seen demand slowly climb 2.8 per cent to 28.8Mt, a trend that is hopefully set to continue. Infrastructure projects, fuelled by mega sporting events, and investments to alleviate the country’s considerable housing shortage, bode well for future cement demand. In the short-term, however, pressure to meet construction deadlines on major projects and the ... |
Argentina's July cement demand up 7.2% MoM08 August 2014, Published under Cement NewsIn July 2014, Argentina's cement market required 949,904t of cement (including imports), 7.2 per cent more than in June, but registering a 5.4 per cent YoY fall. The country's cement producers delivered 967,752t to domestic and overseas markets, which represents a MoM increase of 7.6 per cent. When compared with July 2013, however, a 4.7 per cent drop was noted. |
Argentina cement sales slip 1.8% YoY17 July 2014, Published under Cement NewsArgentina's cement deliveries fell 2.5 per cent MoM from 919,866t in May and 1.8 per cent YoY from 913,101t in June 2013 to 896,860t, according to the latest data from the country's cement association AFCP. Exports reached 14,637t in June, up 57 per cent from 9336t the previous month, but down 19 per cent from 18,030t noted in June 2013. For 1H14, Argentina's cement producers delivered 5,304,617t of cement, some three per cent less than 1H13. Moreover, exports fells sharply from 144,60... |
Construction boosts Kenyan cement demand08 July 2014, Published under Cement NewsIn May, cement consumption in the Kenya rose to 450,379t in May, up from 426,523t in April and continuing the upward trend noted since March when demand stood at 387,266t, according to the Kenya National Bureau of Statistics (KNBS). Since the start of the year Kenya has consumed over 2Mt of cement, according to the government agency’s Leading Economic Indicators report. When compared with May 2012, demand in May 2013 increased by 140,878Mt, suggesting an ongoing rise in demand this year... |
Saudi cement market records further volume expansion30 September 2013, Published under Cement NewsSaudi cement companies saw profits rise 8.2 per cent as cement demand in the kingdom continued to expand on the back of large projects, said Global Research in its June 2013 report. Cement demand in the 1Q13 stood at 15.5Mt compared to 14Mt in the same period last year. Saudi Cement and Southern Province Cement lead the sales volume rankings, resulting in market shares of 15.7 and 13 per cent, respectively. Cement output rose 16.3 per cent to 13.1Mt while clinker production increased 9... |
The battle for Michigan & Ohio05 December 2012, Published under Cement NewsThe US states of Michigan and Ohio are textbook examples of the country’s struggle to adapt to globalisation and rapid economic development of countries such as China and the BRICs. As jobs in manufacturing went abroad and people moved away from the area, construction activity declined and cement consumption followed. However, more recent figures are providing some hope looking forward. Rob Roy, ROI Economic Consulting, provides a market outlook. Michigan and Ohio are expected to note... |