Cement News tagged under: consumption
Peru sees fall in April cement dispatches19 May 2017, Published under Cement NewsPeru’s cement dispatches fell 10 per cent to 0.73Mt in April when compared with April 2016, when 0.811Mt were delivered, according to the country's cement producers' association, Asocem. Domestic deliveries reached 0.699Mt in the fourth month of the year, down 10.5 per cent YoY. Cement exports rose five per cent MoM to 31,000t and clinker exports stood at 59,000t. In terms of domestic demand (domestic deliveries plus imports), the fourth month of 2017 saw a 12.8 per cent YoY decline t... |
Brazil's Jan-April sales down 10.1%17 May 2017, Published under Cement NewsIn the first four months of 2017, Brazilian cement sales to the domestic market totalled 17Mt, according to preliminary data from Sindicato Nacional da Indústria do Cimento (SNIC). This amount represented a decline of 10.1 per cent compared to the same period of last year. In the 12 months to the end of April 2017, cumulative sales totalled 55.5Mt, 10.7 per cent less than the comparative period a year earlier. Standalone figures for April 2017 show sales were down by 16 per cent YoY to... |
Canacem: Mexico’s cement sector to grow 3% in 201712 May 2017, Published under Cement NewsThe Mexican cement sector is expected to grow by three per cent in 2017, as housing construction contracts, according to Osmín Rendón, president of the national construction chamber, Canacem. He said the cement price will continue to rise as in the last 5-7 years, but that the decision depends on individual companies and the pricing strategies they pursue. "Cement prices are diverse, there is no single price and this depends on the area and the brand. Each company will determine whether t... |
Pakistan dispatches up 6.21%08 May 2017, Published under Cement NewsPakistan dispatched 33.88Mt of cement during the first 10 months (July-April) of the current fiscal, up by 6.21 per cent YoY, latest figures from the All Pakistan Cement Manufacturers Association (APCMA) show. During the period, domestic consumption rose by 10.74 per cent YoY to 29.871Mt while exports were down by 18.63 per cent to 4.01Mt during the 10-month period under review. In April 2017 dispatches totalled 3.576Mt, of which 2.734Mt were destined for the north and 0.596Mt headed so... |
India: the long wait continues02 May 2017, Published under Cement NewsDespite high hopes of a return to more robust growth rates, the Indian cement sector is likely to close FY16-17 with its slowest performance in over a decade. The third quarter (October-December 2016) proved to be particularly tumultuous as good demand growth seen in the early part of the period was stopped in its tracks by the government’s unexpected demonetisation move which also impacted pricing. As FY16-17 draws to a close, hopes of a return to more robust growth rates appear to h... |
Cementos Argos26 April 2017, Published under Cement NewsFebruary 2017 saw cement consumption in Colombia contract by 3.5 per cent, according to DANE, the country’s statistics office. Just over 1Mt was consumed in the second month of the year, compared to 1,045,900t in the same month in 2016. Cement production over the period also fell, declining 2.6 per cent from 1,076,500t in February 2016 to 1,048,100t in February 2017. Geographically, the largest decreases in sales in the 2M17 were recorded in Casanare (-36.6 per cent), Boyacá (-18 per cent) a... |
China National Building Materials (CNBM)26 April 2017, Published under Cement NewsChina National Building Materials (CNBM) will be hoping to see an uptick in cement demand as China’s GDP growth defies analysts in the opening quarter of 2017. According to the National Bureau of Statistics, the Chinese economy grew by 6.9 per cent YoY in the 1Q17, compared to 6.8 per cent in the previous quarter. Government spending on infrastructure and the provision of cheap credit to boost property sales is being attributed to the 1Q expansion, along with higher export growth and impr... |
Moroccan demand slips 0.7% YoY in March26 April 2017, Published under Cement NewsMorocco’s cement demand fell 0.7 per cent YoY in March from 1.334Mt in March 2016 to 1.324Mt one year later. While the Dakhla-Oued Ed-Dehab region saw sales soar by 27.7 per cent YoY to 8042t, advances were more modest in Fès-Meknès (+19.13 per cent to 125,085t) and Souss-Massa (+12.8 per cent to 127,584t). However, Morocco’s key markets all saw sales contract. Casablanca-Settat experienced a 2.1 per cent drop to 292,487t, the Marrakech-Safi market shrunk by 8.3 per cent to 163,902t and ... |
CMS to benefit from Pan Borneo Highway construction25 April 2017, Published under Cement NewsConstruction of the Pan Borneo Highway in Malaysia is expected to boost demand for construction materials including an additional million tonnes of cement. Cahya Mata Sarawak Bhd (CMS), which is the sole cement producer in the country’s largest state, will be the main beneficiary of the mega highway project. "It is estimated that the project would need up to a million tonnes of cement over the course of the construction of the Pan Borneo Highway [in Sarawak], said Richard Curtis, manag... |
Peru: cement companies feel impact of El Niño25 April 2017, Published under Cement NewsCement producers in Peru have started to feel the impact of El Niño, according to Credicorp Capital. Between January and March, cement dispatches have fallen seven per cent. Cementos Pacasmayo is expected to see the highest drop in volumes even though its plant has not been damaged by the landslides. Lower construction activity is envisaged to affect Pacasmayo revenues by 10 per cent in the first quarter. While Unacem continues to ship cement from its Atocongo works, demand is expecte... |