Cement News tagged under: consumption
PT Semen Indonesia29 June 2015, Published under Cement NewsFollowing instructions earlier this year from Indonesia's president to lower cement prices to help support the government’s huge infrastructure projects, Semen Indonesia has seen its prices fall by around 10 per cent so far this year. But with new rivals entering the market and the economic slowdown continuing to dampen demand, the company is looking to the export market to help boost sales. Total Indonesian cement consumption has fallen from 23.78Mt in January-May 2014 to 22.87Mt in the ... |
UltraTech29 June 2015, Published under Cement NewsUnseasonably wet weather in the opening months of this year has hampered infrastructure projects in India, resulting in a slowdown in cement demand. Despite new capacity, UltraTech has already reported a three per cent fall in dispatches in 1Q15. Demand from rural India, which accounts for around 40 per cent of total cement demand, is also down, leading analysts to predict weak demand persisting into the first half of FY16. UltraTech will also be keeping a close eye on recent proposals fr... |
Colombia: market expands 2.7% in May 201529 June 2015, Published under Cement NewsCement dispatches in Colombia increased 2.7 per cent YoY to 1.062Mt, according to the country’s statistics office, DANE. The increase is primarily the result of an 8.7 per cent rise in the construction and contractors segment, which expanded by 8.7 per cent. The largest increases, on a departmental basis, were noted in Nariño (+69.2 per cent), Bolivar (+16.3 per cent), Magdalena (+19.1 per cent) and Cesar (+18.4 per cent). In terms of production, a 5.4 per cent YoY rise was noted in Ma... |
Indonesia heats up23 June 2015, Published under Cement NewsDomestic cement demand in Indonesia is expected to grow strongly in the future, largely driven by infrastructure developments and an improved economic outlook. However, the current high margins enjoyed by local producers look set to come under pressure as new capacity comes on-stream and competition heats up. By Isnaptura Iskandar, Maybank Kim Eng Securities, Indonesia. A healthy economic outlook and infrastructure are likely to underpin demand going foward Indonesia’s peaceful ... |
Spain: domestic cement market growth slows to 5%16 June 2015, Published under Cement NewsThe Spanish cement market saw its growth decelerate from 13 per cent in April to 5.4 per cent in May 2015, with 1,023,326t shipped to domestic customers, according to the latest data released by cement association Oficemen. In the year to date, consumption increased 8.7 per cent to 4,537,502t. |
Indonesian monthly consumption declines by 7.9%15 June 2015, Published under Cement NewsIndonesian consumption remained weak in May, declining by nearly eight per cent, latest data from the Indonesia Cement Association shows. Cement demand fell by 7.9 per cent in May 2015 to 4.78Mt. Consumption during the month was down in all areas, with Kalimantan seeing the largest regional drop (-24.3 per cent) followed by Maluk & Irian Jaya (-16.2 per cent) and Sulawesi. On the main island of Java, demand fell by 8.7 per cent, with the biggest declines in Jakara (-14.5 per cent), Banten... |
VNCA expects 4% rise in 2015 sales15 June 2015, Published under Cement NewsVietnam's Ministry of Construction expects a four per cent YoY rise in cement and clinker sales in 2015 to 74Mt, comprising 53Mt of domestic sales and exports of 20Mt. Latest figures released by the Vietnam National Cement Association (VNCA) show that in the four months leading up to May domestic cement sales jumped three per cent YoY to 15.89Mt. For the month of April alone the VNCA statistics indicate that sales of cement surged 113 per cent YoY to 5.45Mt, but were down 28 per cent Y... |
Morocco sees 8.5% market contraction in May12 June 2015, Published under Cement NewsMoroccan cement sales fell 6.3 per cent MoM and 8.5 per cent YoY in May 2015 to 1,266,114t, according to Ministry of Housing. The latest figure effectively neutralises any growth noted in the first four months of the year. For the year to date cement sales reached 6,172,299t, down slightly by 0.3 per cent when compared with 5M14. Cement sales decreased considerably in Chaouia-Ourdigha (-29 per cent), Guelmim-Es-Smara (-27 per cent) and Laâyoun-Boujdour-S-Elhamra (-26 per cent). |
Cement sales in Cyprus fall over first five months12 June 2015, Published under Cement NewsCement sales in Cyprus fell 10 per cent from January to May compared to the same period a year ago to 170,684t, Cystat, the country’s statistical service, said. In May alone, there was a two per cent drop to 38,053t compared to the same month last year, Cystat said in a statement on its website. Cyprus’ prolonged economic recession has led to continuous declines in domestic cement demand since 2008 when consumption had reached 1.92Mt. In 2014 demand is expected to have fallen to 0.44Mt – s... |
Tunisian cement demand falls 6.5% in 4M1511 June 2015, Published under Cement NewsIn the first four months of 2015, the Tunisian cement marked contracted by 6.5 per cent YoY to 2.4Mt, according to the latest data revealed by Taoufik Khardani, deputy director of building materials industries at the country’s Ministry of Industry. However, exports were up by 28 per cent from 461,000t to 590,000t. Tunisia’s cement producers manufactured 2.98Mt of cement, down 5.6 per cent on 4M14, when 3.16Mt of cement was produced. |