Cement News tagged under: consumption
Kenyan consumption contracts in 5M1715 August 2017, Published under Cement NewsCement demand in Kenya over the Jan-May 2017 period fell to 2.5Mt compared to 2.5Mt a year earlier, according to the latest data from the Kenya National Bureau of Statistics (KNBS). Manufacturers also cut back on production in the first half of the year, from 3.31Mt to 3.18Mt. NIC Securities attributes the decline to a slowdown in private sector credit growth following discussions with management of cement firms. |
Morocco July sales see 42% hike11 August 2017, Published under Cement NewsCement sales in Morocco increased 42 per cent in July, jumping to 1.2Mt, when compared with the year-ago period. The rise in sales has been attributed to “the resumption of self-construction, which represents 40 per cent of national demand, encouraged by the massive influx of Moroccans residing abroad,” according to L’Economiste. In addition, a revival in the public works, particularly road projects in Casablanca, is key to the pick-up in demand. The Casablanca-Settat market absorbed 2... |
Argentina’s cement market expands 20%09 August 2017, Published under Cement NewsArgentine cement consumption edged up one per cent MoM and 19.8 per cent YoY in July 2017. Demand reached 1,016,590t. Imports surged from 982t in July 2016 to 8692t one year later. When compared with June 2017, they advanced 6.2 per cent from 8188t. Total cement dispatches (including exports) by domestic cement producers reached 1,011,689t, a 0.9 per cent increase MoM and a 18.8 per cent rise YoY, in July 2017. The figure includes 3791t of exports, up 1.7 per cent YoY and 1.5 per cent... |
PCA expects airports market to help drive demand02 August 2017, Published under Cement NewsIncreased demand for US air travel is expected to help drive increased cement consumption over the next 25 years, according to the Portland Cement Association (PCA). Population spikes, overall economic growth and airport expansion are among the factors driving the demand for more air travel, a recently released report from PCA shows. “With more people traveling by air, you will need more capacity at airports – that means more cement is needed for concrete used in runways, terminals and ot... |
Colombia sees grey cement sales slip31 July 2017, Published under Cement NewsColombia’s cement sales slipped 1.3 per cent YoY to 0.984Mt in June 2017 when compared with the previous year, according to the country’s statistics office, DANE. Ready-mix company offtake fell by 9.3 per cent and could not be offset by sales in the prefabricated segment, where sales increased 24.1 per cent and the building companies and contractors, which increased purchases by 1.9 per cent. Cement output in the country reached 1.003Mt, 0.9 per cent lower than in 6M16. |
Peru's cement demand edges up in June26 July 2017, Published under Cement NewsPeru’s cement producers dispatched 777,000t of cement in June 2017, representing a 2.2 per cent increase YoY, according to the latest data from Asocem, the country’s cement association. In June 2016, the domestic market required 756,000t. Total dispatches, which include exports, advanced 2.7 per cent YoY from 781,000t to 802,000t in June 2017. Output rose 2.2 per cent from 792,000t in June 2016 to 809,000t one year later. In terms of the rolling year, domestic cement deliveries reache... |
Indian market to expand 5% in FY17-1821 July 2017, Published under Cement NewsInfrastructure and housing are expected to drive India’s cement demand in FY17-18. Consumption is forecast to increase five per cent YoY as growth accelerates from 1.2 per cent in FY16-17, according to Business Line. In FY16-17 output fell to 279.8Mt as demonetisation affected the market and saw sales volumes decrease by nine per cent between November 2016 and March 2017. However, the market picked up in April, bouncing back with a growth of 17 per cent and supported by rising prices as t... |
Steppe Cement price focus helps lift 1H turnover19 July 2017, Published under Cement NewsSteppe Cement reported a 15 per cent decline in volumes for the first half of 2017 while turnover was up by four per cent over the same period as the Kazakhstan-based producer focussed on pricing. In a market update for the first half of the year published on Monday, the company said sales volumes fell to 650,333t from 761,777t a year earlier. Meanwhile, turnover reached KZT8553m (US$26.2m) versus KZT8190m in 1H16. The average price for delivered cement in the 1H17 increased to KZT13,15... |
Indonesia 1H sales dip, exports rise18 July 2017, Published under Cement NewsCement sales in Indonesia registered a slight decline over the first half of this year, while exports sales fared better over the six-month period, according to the latest industry data. Domestic sales were down by 1.3 per cent YoY to 29Mt in the 1H17, compared to 29.37Mt a year earlier, statistics published on state-owned Semen Indonesia’s website reveal. Widodo Santoso, chairman of the Indonesian Cement Association (ASI), told local press that the decline is attributed to the long hol... |
Argentina consumption up 17% YoY in June18 July 2017, Published under Cement NewsArgentina’s cement market expanded 4.1 per cent MoM to 1,007,450t in June, according to the country’s cement association, AFCP. When compared with June 2016, the increase reached 17.2 per cent. Around 8972t of imports are included in this figure – more than quadrupling when compared with June 2016 although when compared with May 2017, the rise is more modest at 51 per cent. Domestic cement companies dispatched 1,001,428t, including exports, up 3.6 per cent MoM and 16.1 per cent YoY. Of th... |