Cement News tagged under: exports
Vietnam cement sales increase 38% to 7.62Mt in February13 March 2018, Published under Cement NewsVietnam sold 7.62Mt of cement in February, representing a 38 per cent YoY hike and 22.9 per cent of the full-year target, according to the Vietnam Building Material Association, Ministry of Construction. The domestic market accounted for 5.02Mt, showing an 11 per cent expansion when compared with the year-ago period. This includes 1.96Mt sold by the Vietnam Cement Industry Corp (Vicem). Around 2.6Mt were exported in February, a 30 per cent YoY rise. In the first two months of 2018, di... |
Facing an oversupply challenge08 March 2018, Published under Cement NewsIndonesia’s cement market saw a significant expansion in 2017 despite economic woes. While the country’s property market performs below par, cement producers are pinning their hopes on the government’s ambitious infrastructure development programme to avert the threat of oversupply going forward. By the Indonesian Cement Association and ICR Research, UK. Faced with an oversupply and a stagnant housing market, Indonesia’s cement producers are pinning their hopes on the government’s ... |
US cement shipments reach 6.3Mt in December08 March 2018, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico grew by 3.5 per cent YoY to 6.3Mt in December 2017, according to the US Geological Survey (USGS). The largest state markets in the country were Texas, California, Florida, Georgia and New York (in descending order), which accounted for 43 per cent of total US shipments. The leading producing states for Portland and blended cement were California, Texas, Missouri, Florida and Alabama in descending order. In th... |
Argentina's cement market expands 16% in February06 March 2018, Published under Cement NewsArgentine cement consumption increased 15.6 per cent YoY in February 2018, according to the country’s cement association, AFCP. Total volumes sold on the domestic market rose to 924,075t, up from 799,340t in February 2017 but down 11.5 per cent when compared with January 2018, when sales reached 1,043,732t. Around 908,503t of total domestic consumption was delivered by the country’s producers, up 14.3 per cent YoY, while imports more than doubled from 4210t in February 2017 to 15,572t... |
Industry sales in Pakistan grow by 4% in 1HFY1805 March 2018, Published under Cement NewsThe profitability of the cement sector in Pakistan has contracted in the 1HFY18, falling 13 per cent YoY to PKR26.85bn (US$258.4m). This has been attributed to both an increase in the international coal prices and a lower cement retention cost. In the 1HFY18, industry sales grew by four per cent YoY to PKR134.03bn, while cement dispatches recorded a growth of 12 per cent to 19.6Mt. However, this did not result in the topline growth of the sector due to a lower retention price in the north... |
Spain's demand grows 11% in 201727 February 2018, Published under Cement NewsCement consumption in Spain expanded by 11 per cent to 12.3Mt in 2017, according to the latest data from the country’s cement association, Oficemen. However, despite the positive change, civil works, the engine of Spanish cement consumption, remains at historic lows. Demand from this sector has fallen by 75 per cent in the last decade, from 19Mt in 2008 to 5Mt today, says Oficemen. The organisation highlighted that the data indicates that construction activity remains stagnant and cement ... |
North Africa: mixed fortunes26 February 2018, Published under Cement NewsICR takes a look at the current economic and political challenges facing cement producers in Algeria, Egypt, Libya, Morocco and Tunisia, and how they are responding to this rapidly-changing landscape. As Algeria’s cement production touches 30Mt and the domestic market is expected to require 28Mt, the country is envisaged to commence regular exports. Meanwhile, production capacity is growing with Lafarge-Souakri Group joint venture, Cilas commissioning its 2.7Mta Biskra plant in... |
Peru's cement market expands 5% in January26 February 2018, Published under Cement NewsPeru's cement consumption expanded five per cent to 0.861Mt in January 2018 when compared with the previous year, but fell eight per cent MoM, according to the country’s cement association, Asocem. Per capita cement consumption in the Latin American country slipped 0.1 per cent YoY to 321kg but edged up 0.3 per cent when compared with December 2017, when it stood at 319kg. Peruvian cement producers increased their domestic dispatches by 3.9 per cent YoY to 0.798Mt from 0.767Mt while to... |
Pakistan exports fall in 7MFY17-1823 February 2018, Published under Cement NewsPakistani cement exports during the first seven months of current financial year, July 2017-January 2018, recorded a fall of 15.4 per cent in volume and 18.7 per cent by value in dollars, says data released by Pakistan's Federal Bureau of Statistics. Pakistan exported 2.71Mt of cement and earned export revenue of US$136.46m between July 2017-January 2018, compared to 3.21Mt at US$167.9m in corresponding months of last fiscal year. Volumes fell by 15.4 per cent and in terms of doll... |
Caribbean Cement to restart exports21 February 2018, Published under Cement NewsCaribbean Cement expects to restart cement exports following the completion of its US$50m modernisation programme. The programme also includes the commissioning of a new coal mill scheduled for the second quarter of this year, upgrades to both cement mills, a new packing line, and the upgrade and replacement of conveyor belts and dust collectors to boost production to 1.2Mta. Peter Donkersloot, Caribbean Cement's general manager, said: "It must be noted that every step has been taken to e... |