Cement News tagged under: consumption
Moroccan market recovers in late 201507 January 2016, Published under Cement NewsFollowing a 21 per cent fall in September 2015, cement sales in Morocco rebounded in October and November as dispatches increased by 19.5 and 15.6 per cent, respectively, according to the Moroccan cement producers’ association, APC. Estimates for the full-year indicate a slight market expansion between 1-1.5 per cent in a year that was marked by demand instability. The modest growth is attributed in part to the malaise in the real estate sector. In addition, holidays such as Aïd Al Fitr an... |
Subdued demand recovery outlook after 2015 nadir06 January 2016, Published under Cement NewsWhile global cement consumption in 2015 contracted, cement producers can look forward in 2016 to modest gains in demand, but the scenario remains mixed with higher demand unable to raise low capacity utilisation and cement pricing power. By John Fraser-Andrews, HSBC, UK. The year 2015 looks set to mark the first reduction in global cement consumption since 1990 (see Table 1), with HSBC forecasting a five per cent contraction in China (which accounts for over 70 per cent of global demand) ... |
2015: year in review24 December 2015, Published under Cement NewsAs the final week of 2015 approaches, we take a look back at some of the most talked-about topics of the year across the global cement arena. In terms of worldwide cement consumption trends, demand is expected to have contracted in 2015 in the low-single digit range, marking the first reduction since 1990. Excluding China, which accounts for over 70 per cent of global consumption, demand is anticipated to have risen by 2.1 per cent, according to forecasts by HSBC soon to be presented in th... |
Nigeria's long-term viability23 December 2015, Published under Cement NewsDespite short-term macroeconomic challenges, Nigeria’s demand for cement is expected to expand significantly in the longer term. Investments in infrastructure, population growth and private-sector led initiatives are all expected to drive growth going forward, spurring domestic producers to invest heavily in new cement production capacity. By Damilola Lawal, CardinalStone Partners Ltd, Nigeria. Dangote Cement plant, Obajana, Kogi state, Nigeria Nigeria has undergone a dramatic r... |
PT Indocement23 December 2015, Published under Cement NewsDomestic cement demand in Indonesia grew by 4.7 per cent in November, compared to the same period last year, according to recent data from the Indonesia Cement Association (ASI). A boost in government spending on infrastructure projects was seen as the driver behind the expansion. This follows the 10.2 per cent increase seen in October this year when sales for the month hit almost 6.5Mt. According to ASI, sales for the year to date including November are 55.6Mt, up by 1.9 per cent on the sam... |
Semen Padang: 2016 Indonesia sales forecast up 6%21 December 2015, Published under Cement NewsCement demand in Indonesia is expected to rise by 5.5-6 per cent in 2016, according to Semen Padang's marketing director, Pudjo Suseno. Sales on the island of Sumatra, where Semen Padang is headquartered, are forecast to advance 16.6 per cent in 2016. In the first 10 months of 2015, dispatches reached 10.4Mt, up 2.3 per cent YoY. Semen Padang also expects to maintain exports at 4-5 per cent of total output in 2016. |
Pakistan exports fall 25% in 5MFY15-1621 December 2015, Published under Cement NewsCement exports from Pakistan have fallen by more than 25 per cent in the first five months of the current fiscal year. Between July and November 2015 cement exports reached 2.56Mt, compared with 3.45Mt in the corresponding period of the previous financial year. Cement plants in the north sold 1.63Mt of exports, down by 25.2 per cent YoY, but dispatched 10.17Mt to domestic market, an increase of 14.6 per cent YoY. In the south, domestic growth was more robust at 21.1 per cent with sales i... |
Optimism returns to US and wider markets18 December 2015, Published under Cement NewsThis week saw the first rise in US interest rates in seven years as the US Federal Reserve signalled its belief that the economy was getting back on its feet and that the financial recovery was gaining momentum. The renewed optimism for the US economy and the prospects for greater cement consumption in the coming year is based on a more vigorous uptake of construction and housing projects. The strength of the recovery is far from certain though and financial markets will need to see contin... |
Peru's cement market contracts 4.8% in November16 December 2015, Published under Cement NewsCement dispatches in Peru fell 4.8 per cent YoY in November 2015, according to Asocem, the country’s cement association. Some 0.884Mt of cement was sold, down from 0.929Mt in November 2014. Total sales saw a 3.4 per cent drop to 0.923Mt. Output fell five per cent YoY from 0.973Mt to 0.924Mt in November 2015. |
Vietnam output up 10.3%, exports to miss target16 December 2015, Published under Cement NewsVietnam produced 61.2Mt of cement in the first 11 months of this year, up 10.3 per cent from the same period of last year, the government-run General Statistics Office said. The country's cement sales increased 10.2 per cent YoY to 6.5Mt in November. The Ministry of Construction predicted that Vietnam’s sales of cement and clinker to rise to between 72-74Mt this year. Domestic sales are expected to have risen 4.5-6.5 per cent to reach 53-54Mt, while exports will be betweem 19-20Mt. ... |