Cement News tagged under: consumption
Turkey's time for growth11 October 2017, Published under Cement NewsTurkish cement producers faced a challenging year in 2016 as geopolitical and domestic events impacted on the country’s economy. However, domestic cement demand potential remains sound and going forward, relatively modest growth is expected as the government invests in public housing and infrastructure to support its growing population. By Turkish Cement Manufacturers’ Association (TÇMB), Turkey. Government investment in infrastructure and housing is expected to support Turkey’s ceme... |
Signs of improvement27 September 2017, Published under Cement NewsFollowing an abrupt fall in 2009 and a continued decline in subsequent years, the central European cement market picked up in 2014 and has since shown a modest but stable expansion in recent years. However, while prospects are positive, it is expected that cement producers will continue to focus their investment on improving production efficiency and their environmental record rather than expanding capacity. Central Europe continues to recover after its 2013 nadir and prospects are la... |
UltraTech Cement25 September 2017, Published under Cement NewsUltraTech expects domestic cement demand to return to “normal levels” on the back of renewed infrastructure spending by the Indian government. An improvement in the Indian economy has led to a rise in rural demand, particularly for housing, along with a string of planned road, port and other transport projects. According to the company, the last few years have been characterised by weak volume growth due to a slowdown in housing and the commercial market. Despite this, domestic cement produc... |
Moroccan market sees 10% YoY contraction in August20 September 2017, Published under Cement NewsMoroccan cement consumption decreased by 10.3 per cent YoY to 1,227,932t in August 2017 from 1,368,884t in the year-ago period, according to the country’s Ministry of Housing and Urbanisation. The largest above-average market contractions were noted in Drâa-Tafilalet, where consumption plummeted 26.3 per cent to 35,736t, and Oriental, which saw demand fall by 20.7 per cent to 97,781t. The largest regional market Casablanca-Settat also saw a significant downturn as sales fell some 12 per ce... |
Peru's cement demand up 2% in August20 September 2017, Published under Cement NewsPeru’s cement association, Asocem, reported a 2.3 per cent YoY rise in domestic deliveries from 0.838Mt in August 2016 to 0.857Mt in August 2017. Cement imports remained largely stable at 43,800t while clinker imports reached 86,000t. Total cement consumption in the Latin American country reached 0.901Mt, up 2.2 per cent from 0.882Mt in the year-ago period and 15.6 per cent MoM. Output from Peru’s cement plants reached 0.873Mt, down 2.2 per cent YoY from 0.892Mt. Of this total, 29,000t wer... |
Pakistan cement sales up 11% in August18 September 2017, Published under Cement NewsCement sales in Pakistan rose 10.9 per cent YoY in August 2017 to 3.766Mt from 3.585Mt in August 2016. In the northern region, dispatches reached 2.731Mt, up from 2.495Mt in August 2016, while in the southern region dispatches rose from 0.532Mt to 0.625Mt during the same period. Some 307,000t of cement was exported from the north, significantly less than 355,000t reported in August 2016. Exports from the south slipped from 203,000t to 103,000t. Capacity utilisation in August surpa... |
Saudi producers sees sales drop 16% in August 201718 September 2017, Published under Cement NewsThe sales of Saudi cement producers fell 15.5 per cent to 3.72Mt in August 2017 when compared to 4.4Mt reported in August 2016. Total production in August reached 3.79Mt, down YoY from 4.3Mt, according to Yamama Cement Co. Cement inventories rose 11.3 per cent YoY to 1.17Mt from 1.05Mt in the year-ago period. Southern Province Cement Co saw sales slide 36 per cent YoY to 471,000t in August 2017 from 637,000t in August 2016. Yanbu Cement sales slipped 2.1 per cent to 462,000t from 472,000... |
Brazil eight-month sales update13 September 2017, Published under Cement NewsCement sales in Brazil for the first eight months of 2017 fell by eight per cent YoY to 35.7Mt, according to preliminary industry data gathered by Sindicato Nacional da Indústria do Cimento (SNIC). In August 2017 alone, sales fell by 0.9 per cent YoY to 5Mt. Sales per working day were down by 0.9 per cent YoY but saw growth of 0.1 per cent compared to July 2017. Cumulative 12 month sales In the 12 months to the end of August 2017, cumulative sales totalled 54.3Mt, 8.8 per cent less th... |
Argentina sees 7% rise in August demand12 September 2017, Published under Cement NewsCement consumption in Argentina increased 7.4 per cent to 1.122Mt in August 2017 from 1.044Mt in August 2016, according to the country’s cement association, AFCP. The organisation also noted a 10.3 per cent rise MoM from 1.017Mt in July 2017. Domestic dispatches by Argentina’s cement producers increased 6.7 per cent YoY and 10.4 per MoM to 1.113Mt in August 2017. Volumes in August 2016 and July 2017 reached 1.043Mt and 1.008Mt, respectively. To meet market demand, some 9194t of cement wer... |
East Africa: time to shine?04 September 2017, Published under Cement NewsEast Africa’s future appears significantly brighter as economic growth accelerates following the recent challenging years. Increased construction demand is expected to fuel cement consumption and producers are gearing up for sustained market growth. However, competition is set to increase as new entrants claim their market share. By Francis Mwangi, Standard Investment Bank, Kenya. Fuelled by a need for infrastructure and houses, increased construction demand in places such as Nairo... |