Cement News tagged under: consumption
East Africa: keeping the lights on28 July 2020, Published under Cement NewsWith overcapacity and pricing pressures weighing in on the east African cement industry, cement producers are setting their sights on the return of strong demand by 2023. In the meantime, will they prepare by taking up a stronger position, possibly through industry consolidation? By Standard Investment Bank, Kenya. The Tanzanian cement industry is expected to see an improving landscape from 2021 The East African Community (EAC) recorded real GDP growth of 5.9 per cent in 2019, s... |
US cement shipments down 8% in April27 July 2020, Published under Cement NewsShipments of Portland and blended cement in the US and Puerto Rico fell 7.5 per cent YoY to 8.1Mt in April 2020, according to the US Geological Survey (USGS). The leading cement-consuming states were Texas, California, Florida, Georgia and Ohio, which accounted for a combined market share of 42 per cent. The top five producing states were Texas, Missouri, California, Florida and Alabama Masonry cement shipments declined 11 per cent YoY to 195,000t in April 2020. Florida, Texas, North Caro... |
Indian demand expected to fall 25% in FY2124 July 2020, Published under Cement NewsCement demand in India is forecast to contract by up to 25 per cent in FY20-21 due to the coronavirus lockdown and subsequent specific restriction on construction activities, according to ratings agency ICRA. The downturn would be mainly felt in cities while rural housing and infrastructure projects in remote areas are expected to continue to support cement demand. "ICRA expects cement demand to de-grow by 22-25 per cent in FY2021 given the prolonged nationwide lockdown and subsequent stat... |
Sharp rise in Indonesian cement demand in June23 July 2020, Published under Cement NewsCement consumption in Indonesia rose by 29.2 per cent YoY to 4.86Mt in June 2020, according to Widodo Santoso, chairman of the Indonesian Cement Association (ASI). "This is because last year there were the effects of Ramadan and Eid, so consumption was limited," he said. The easing of large-scale social restrictions (PSBB) in a number of regions and the relaxation of credit disbursement by multifinance companies led to an increase in people's purchasing power. However, the rise in June... |
Moroccan cement deliveries up 33% in June23 July 2020, Published under Cement NewsCement sales in Morocco increased 33 per cent MoM in June, according to the Department of Studies and Financial Forecasts of the country’s Ministry of Economy, Finance and Administrative Reform. When compared with June 2019, deliveries are up 2.5 per cent. The rebound follows the gradual easing of COVID-19-related lockdown from 11 June 2020. In terms of construction market segments, infrastructure saw the largest recovery with deliveries increasing 68.7 per cent MoM, followed by ready-mix c... |
Dominican Republic market contracts 13% in 4M2022 July 2020, Published under Cement NewsCement sales in the Dominican Republic declined 13 per cent to US$120m in the January-April 2020 period when compared with June 2019. In addition, Dominican cement producers also reported a 20 per cent YoY fall in exports, which reached 227,639t of cement. Their output during the period decreased 24 per cent YoY to 1.36Mt. Adriano Brunetti, president of the country’s cement association Adocem, said: "... 'The most difficult thing was the total stoppage of construction without an opening b... |
Spain's cement demand falls 17% in 1H1921 July 2020, Published under Cement NewsCement consumption in Spain declined 16.5 per cent to 6.1Mt in the first half of 2020 when compared with the 1H19, according to Oficemen, the country’s cement association. The association attributes the fall to the halt in construction works due to the coronavirus pandemic. "In June, many of the works paralysed during the confinement, for example, real estate developments, were resumed, but the monthly positive data should not make us think of a recovery in the sector," explains Oficemen p... |
Peruvian cement market expands in June14 July 2020, Published under Cement NewsWhile cement demand in Peru rebounded in June 2020 to 678,000t when compared with 298,000t sold in May 2020, it remained 26.1 per cent below demand reported in June 2019 as the impact of the coronavirus pandemic continue to be felt, according to the country’s cement association, Asocem. Cement output improved significantly to 611,000t in June 2020, representing an advance of 131.8 per cent when compared with May 2020, when output stood at 263,000t. However, it remained 29.6 per cent below ... |
Puerto Rican cement sales up 42% in June13 July 2020, Published under Cement NewsCement sales in Puerto Rico advanced 42 per cent YoY in June, according to date from the country’s Statistics Institute. Sales reached 68,180t in June 2020, compared with 48,138t in June 2019. The increase is the second since October last year. Cement sales have fallen throughout 2019 and the first months of 2020. In March they fell 55.1 per cent YoY and this was followed by a 60.6 per cent drop in April as the construction industry fell silent to prevent the spread of the coronavirus. How... |
Swiss cement dispatches down 3% in 2Q2009 July 2020, Published under Cement NewsCement deliveries in Switzerland fell by 3.3 per cent YoY to 1,138,804t in the second quarter of 2020, according to the latest data published by Cemsuisse, the Swiss cement association."The cement industry was able to ensure the supply of cement despite the coronacrisis," said the association in a statement. The supply of low-carbon CEM II cements, which accounts for 88.7 per cent of demand, is still increasing. The share of CEM I cements in total deliveries fell further to 6.8 per ce... |