Cement News tagged under: consumption
Argentine cement demand drops 7% YoY in June08 July 2020, Published under Cement NewsCement demand in Argentina has fallen 7.3 per cent YoY to 797,926t in June 2020, according to AFCP, the national cement association. However, MoM a 23 per cent advance was reported. Argentine cement producers supplied 804,727t of cement to the domestic and overseas market, representing a 6.9 per cent YoY decrease but a 23.2 per cent increase when compared with May 2020. Of this total they exported 6801t, more than double the export level of 3293t in June 2019. There were no imports. Janu... |
Brazilian cement demand up 24% in June08 July 2020, Published under Cement NewsCement sales in Brazil rose 24.2 per cent YoY in June 2020. Domestic offtake reached 5.2Mt in June, according to the country’s cement association, SNIC. In the first half of 2020, sales advanced by 3.6 per cent YoY to 26.9Mt. “COVID-19 caused several changes in our lives, habits, and priorities. The crisis showed the cement industry that taking care of the house and using savings and investments for small reforms, something very popular in the 80s, are back in the household budget," SNIC Pr... |
Peru's cement demand to recover in 2H08 July 2020, Published under Cement NewsScotiabank forecasts a recovery in Peruvian cement consumption with 3Q demand expected to be close to 2Mt, double the demand reported in 2Q. "We estimate that domestic cement consumption has exceeded 500,000t in June, the highest level in the last three months, but still notably less than 984,000t in June 2019," predicts Scotiabank. However, consumption in 3Q20 should remain 30 per cent below the level noted in 3Q19. "While we expect cement consumption to continue its gradual recovery dur... |
Japan: towards higher profits07 July 2020, Published under Cement NewsWith an ageing population and requirement for more construction investment, the Japanese cement industry faces many challenges. There is a need for the sector to return to profitable pricing levels and modernise its production facilities, particularly as energy conservation and emissions reduction requirements shift from a domestic to a global focus. By Hajime Inoue, Japan Credit Rating Agency Ltd, Japan. While medium-term cement demand is robust, Japan’s ageing population and lagging... |
Lebanese market contracts 56% in 1H2007 July 2020, Published under Cement NewsCement consumption in Lebanon fell by 55.7 per cent in the first six months of 2020. Demand decreased to 300,334t in the 1H20 from 677,620t in the 1H19, according to Libnanews. Local cement plants have reportedly ceased their activities following delays in the renewal of quarry permits. |
Bolivian cement demand falls 34% in 4M2006 July 2020, Published under Cement NewsCement consumption in Bolivia has declined 34.2 per cent YoY in the 4M20 as a result of the quarantine imposed due to the COVID-19 pandemic, according to the Bolivian statistics agency, INE. Total consumption in the January-April 2020 period reached 787,586t. In January demand was 10.2 per cent YoY to 303,589t while in February consumption fell 11.3 per cent YoY to 262,895t. However, on 22 March the Bolivian imposed a 14-day lockdown, which was extended to 30 April and again to 11 May. As ... |
Moroccan cement demand expands 33% in June03 July 2020, Published under Cement NewsCement consumption in Morocco increased 33 per cent YoY to 1,129,708t in June 2020 when compared with June 2019, when demand stood at 849,524t, according to data by the country's cement association, APC. However, in the first half year of 2020 domestic sales fell 18.5 per cent YoY to 5.473Mt, down from 6.718Mt reported in the 1H19. |
Colombian cement demand declines 33% in May02 July 2020, Published under Cement NewsDomestic dispatches of grey cement in Colombia fell by 33.1 per cent to 705,900t in May 2020 when compared with May 2019, when they stood at 1.055Mt, according to the country’s statistics office, DANE. Ready-mix companies represented the largest drop as their offtake declined by 52.5 per cent YoY, followed by the concrete products segment, which contracted by 46.6 per cent. Building companies and contractors reduced their purchases by 36.7 per cent while the retail sector reduced its consu... |
Indian cement demand recovers after lockdown26 June 2020, Published under Cement NewsFollowing the lifting of the coronavirus lockdown in several Indian states, the country’s cement industry is witnessing some pick-up in demand, according to Livemint. Research into the cement dealers’ channel by various brokers has shown that pent-up demand is supporting capacity utilisation levels with rural areas expected to provide a further rise in sales going forward. “Rural and pent-up demand has led to higher-than-expected volumes in May-June 2020 and the industry could just suffe... |
Cement consumption in Vietnam slips 3% YoY in May23 June 2020, Published under Cement NewsVietnamese cement demand fell by three per cent YoY to 5,680,883t in May 2020, according to the country’s cement association, VNCA. Sales by VICEM saw a two per cent decline to 1,975,476t while offtake from its associates decreased by eight per cent to 1,495,407t YoY. Other VNCA member companies saw a one per cent advance in sales to 2,210,000t in May 2020 when compared with 2,160,000t in May 2019. Exports increased by 23 per cent YoY in May to 3,138,827t, supported by a 65 per cent surge... |