Consumption

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Strong growth in Iran cement despite risks

Strong growth in Iran cement despite risks

Iranian cement consumption rose 15.2 per cent YoY in February 2024 to 4.93Mt, up from 4.28Mt, according to the Iranian cement association. Producers manufactured 5.13Mt of cemen...

Steppe Cement posts 24% drop in 1Q revenue

Steppe Cement posts 24% drop in 1Q revenue

Kazakhstan-based Steppe Cement reported revenue of KZT3.779bn (US$8.4m) in the first quarter of 2024, down 23.5 per cent from KZT4.938bn in the year-ago period. The company's ma...

Exports driving Pakistan cement sales

Exports driving Pakistan cement sales

Total cement dispatches in Pakistan rose 3.9 per cent YoY to 3.941Mt in March 2024 from 3.795Mt a year earlier, according to the All Pakistan Cement Manufacturers Association. L...

Peru's cement market contracts 2% in February

Peru's cement market contracts 2% in February

Peruvian cement dispatches slipped by two per cent YoY to 0.89Mt in February 2024 when compared with the previous year’s equivalent period, said the country’s cement association...

Spanish cement demand falls 1.5% in February

Spanish cement demand falls 1.5% in February

Cement consumption in Spain fell 1.5 per cent in February, compared to the same month in the previous year. According to Oficemen, demand in February stood at 1,157,811t, markin...

Southern African transitions

Southern African transitions Premium

The cement markets of southern Africa have been gradually transitioning into more competitive areas with new investments. ICR reviews the young markets of Angola and Zambia as w...