Cement News tagged under: demand
Africa's grey gold24 November 2014, Published under Cement NewsAs investors’ appetite for sub-Saharan Africa (SSA) is whetted and confidence grows, the region offers a positive scenario in terms of future cement demand. While some international majors appear on the back foot, new entrants are keen to gain a foothold in the market and expand their operations in this increasingly-competitive market. By T Hadley, Baobab Advisory sarl, France. Figure 1: per capita cement consumption vs per capita GDP, 1995-2014 Africa’s cement consumption has d... |
Spain’s monthly demand advances 5% YoY18 November 2014, Published under Cement NewsCement consumption in Spain increased by five per cent to 1,037,219t in October when compared with the same period last year, latest data from domestic association Oficemen shows. Despite the industry’s recovery still being far off, October’s advance is the second consecutive monthly rise following September’s 6.1 per cent YoY increase. In the first 10 months of 2014, cement demand slipped 0.5 per cent YoY to 9,116,872t. Figures for the rolling year show a 2.2 per cent fall. |
India: infrastructure boost to reduce supply-demand gap30 September 2014, Published under Cement NewsA significant increase in infrastructure investment under India’s new government is expected to raise cement demand and reduce the current oversupply in the country’s cement market. India’s present cement capacity stands at around 375Mt, but demand is currently lagging behind considerably at 300Mta. “However, this gap is likely to shrink as focus on revival of stalled infrastructure projects results in higher demand growth over next few years,” Alok Sanghi, director of Sanghi Cement Ltd, ... |
Pick-up in south Indian prices12 September 2014, Published under Cement NewsCement producers with operations in the south of India are expected to see improvements in profitability helped by better price realisations and an anticipated increase in demand. Cement demand in south India is expected to be boosted after the formation of the Telegana state, ending political state, a report by the Economic Times of India stated. Moreover, prices in the south, particularly Andhra Pradesh which had remained weak, have been looking up since June, the report added. Price i... |
PT Semen Indonesia03 September 2014, Published under Cement NewsPT Semen Indonesia has posted a disappointing 12.8 per cent rise in revenue to IDR12.88trn (US$1.13bn) in 1H14, compared to growth of 31.9 per cent in the same period last year. Sales volumes during the period came in 4.6 per cent higher at 12.8Mt, but this was still far lower than the 18.5 per cent growth seen in the first half of 2013. Net profit reached IDR2.82trn, 9.3 per cent up YoY. Semen Gresik accounted the 54 per cent of sales, followed by Semen Padang with 26 per cent and Semen Ton... |
India: gateway to a new era?30 July 2014, Published under Cement NewsAs India is set for a new government in New Delhi led by Narendra Modi following the recent elections, the country’s 350Mta cement industry hopes for a new era following a year of limited growth. Recent trends appear to indicate some improvement, although it is too early to call a market revival. Following India’s latest election, will the country’s new government offer crucial support to the cement industry? (© Jörg Hackemann) Pre-election hopes for the cement sector faded a... |
West Africa surplus looms21 July 2014, Published under Cement NewsWest African economies have performed well over the last decade, registering annual growth rates of up to eight per cent. However, as the region furiously builds new production facilities, overcapacity is set to hit the cement sector and the environment remains rather uncertain. By Trond Waerp & Finn Arnoldsen, Africa Consulting Services, Norway. West Africa’s cement producers can look forward to declining import volumes as the region is increasingly capable of supplying the domest... |
Spanish consumption woes continue15 July 2014, Published under Cement NewsSpain's cement consumption fell two per cent YoY to 967,790t in June, according to the latest data from Oficemen, the country's cement association. The latest set of figures brings the total for the 1H14 to 5.2Mt, indicating a market contraction of 3.2 per cent over the same period of 2013. Isidoro Miranda, chairman, and Aniceto Zaragoza, CEO of Oficemen, have said they expect the year to close with a domestic demand of 10.4Mt and have called it "the worst year for the industry in half a ... |
Decline in housing starts dent Moroccan demand15 July 2014, Published under Cement NewsThe first half of 2014 has seen cement sales in Morocco experience a 4.4 per cent decline to 7.435Mt, latest figures released by the country's cement producers' association, APC, show. Industry analysts expect Morocco to experience a further year of decreasing sales after deliveries to the domestic market were down 6.3 per cent YoY at the end of 2013. According to Attaijari Intermediation, a 4.4 per cent drop in domestic cement sales is forecast by the end of 2014, mainly due to a signifi... |
French cement market advances 6.6% in 1Q1407 April 2014, Published under Cement NewsCement consumption in France increased 6.6 per cent to 4.386Mt in 1Q14 compared to 4.115Mt in the same period of last year, according provisional data released by French cement association SFIC. Domestic producers delivered 4.04Mt with the balance supplied by imports. During the quarter, exports rose by 21.8 per cent YoY to 313,000t comprising 269,000t of cement and 44,000t of clinker – a YoY rise of 24.5 and 7.3 per cent, respectively. Last year, French cement consumption fell by 3.8 per ... |