Cement News tagged: International
Ghana reports cement price increase
Ghana has reported a small rise in cement prices due to an increase in the cost of imported clinker in recent days. A bag of cement which was earlier sold for GHS38 (US$6.62) is now being sold for GHS41, according to GhanaWeb. "There has been a price hike because of certain challenges which industry players are facing while importing the major raw material called clinker which is used to pro...
WCA's Gender Focus Network promotes gender equality in the cement sector
In late 2020 the World Cement Association launched the Gender Focus Network (GFN) with the aim of tackling gender inequality in the cement industry and making the sector more attractive to women, as the participation of women in this particular working environment is very low. According to data from the US and from the 'Big Four' cement companies, only about 13 per cent of the sector's work...
Vietnamese cement market expands 77% in January
Cement deliveries in Vietnam surged 77 per cent YoY to 5.079Mt in January 2021. However, MoM they fell by 16 per cent, reports the Vietnam National Cement Association (VNCA). Of this total, VICEM saw a 91 per cent YoY rise in domestic sales to 1.729Mt (-17 per cent MoM) while its affiliates posted a 65 per cent increase YoY to 1.25Mt (-16 per cent MoM). Other cement producers noted a 74 per ce...
Pakistan cement sales expand 2% in February
Total cement sales in Pakistan edged up two per cent YoY to 4.6Mt in February 2021, showing sharply decelerating market growth when compared with January, when the market expanded by 16.3 per cent. The drop in sales was attributed by the All Pakistan Cement Manufacturers Association (APCMA) to a considerably drop in export sales, which fell to 18.2 per cent YoY to 753,444t – the fourth-conse...
PCA warns US cement consumption will take time to recover
The PCA's Market Intelligence Group announced its February outlook on the economy and cement consumption in the US. It stated that COVID-19 is expected to remain an elevated drag on the economic recovery as consumer spending is cautious and accounts for two-thirds of every US dollar generated in US GDP. While COVID-19 relief programmes have prevented the US economy slipping further, by t...
PCA releases winter US regional cement consumption forecasts
The PCA Market Intelligence Group has released its cement consumption and construction spending forecasts in the USA. Northeast The Northeast has been hit hard by COVID-19, leading to cement consumption declining by a projected 0.6 per cent in 2020 and PCA Market Intelligence projects further decline in 2021 by nearly one per cent. The Middle Atlantic was down nearly four per cent ...
Colombian cement market stable in January
Cement consumption in Colombia slipped 0.3 per cent from 994,700t in January 2020 to 992,200t in January 2021, according to the country’s statistics office, DANE. Output from the domestic cement industry decreased by one per cent to 1.034Mt in January 2021 from 1.045Mt in January 2020. Sales to ready-mix concrete companies declined 10 per cent in January 2021, but off-take by construction com...
Puerto Rican cement sales up 41% in January
Puerto Rican cement sales surged 41 per cent YoY to 51,164t in January 2021, according to Sin Comillas. Cement sales in the country have been rising sharply for nine months. In 2020 deliveries advanced 2.8 per cent to 588,400t when compared with 2019. However, cement output from domestic cement plants dropped 33.2 per cent to 23,493t in January – the sixth-consecutive fall. In 2020 productio...
Vietnam sees cement and clinker exports rise 16%
Vietnam exported 2.7Mt of cement and clinker worth US$98m in February, up 16.8 per cent and 4.8 per cent YoY, respectively, according to the country’s General Statistics Office (GSO). In the first two months of this year, the country exported 5.84Mt of cement and clinker (up 15.9 per cent) representing a value of US$214m (up 6.6 per cent).
Pakistan cement companies show significant profits during 2QFY20
Pakistan’s top cement manufacturers recorded significant profitability with improved margins during the last quarter of 2020. The experts believe this trend is likely to continue in reaming quarters of the ongoing financial year. According to an analyst of Spectrum Securities Ltd, the cement sector’s profitability continued in 2QFY21 as the bottom line of the 13 companies on the Pakistan S...
Vietnam sees production up 14% in first two months
Vietnam produced 15.5Mt of cement in the first two months of 2020, up 14 per cent YoY, according to the country’s General Statistics Office (GSO). In February the country’s cement output is expected to be down six per cent YoY to 6.8Mt. In 2020 production reached 100.1Mt of cement, rising 3.6 per cent YoY, according to the revised figures.
Police shut down counterfeit cement outlet in Odisha
The Commissionerate Police have closed down a counterfeit cement manufacturing unit in Jagatpur, Odisha, India. The unit was operating from a warehouse near Khaira bridge for the last 5-6 years. A police team patrolling the area became suspicious when a cement laden truck exited the unit and the owner of the factory failed to produce documents for the cement. Police raided the factory...
Spanish demand down 19% in January
Cement consumption in Spain decreased by 19.2 per cent YoY to 842,861t in January 2021, according to the country’s cement association, Oficemen. Demand was impacted by the stoppage of works due to snowstorm Filomena as well as subsequent clearing operations that lasted for a fortnight. In addition, January had two fewer working days than last year. “The storm, although temporary, has been ...
Uruguayan market expands by 8% in 2020
Cement sales in Uruguay increased 34.6 per cent YoY to 251,000t in the fourth quarter of 2020, according to the country’s chamber of industry, CIU. Of this total, 89 per cent or 223,290t were delivered to the domestic market, which expanded by 44.1 per cent YoY to around 257,000t in the 4Q20 from 179,000t in the 4Q19. Around 13 per cent, or 33,710t of Uruguayan demand was covered by imports. ...
Indian demand picks up as industry awaits improved prices
Cement demand in India is improving, but prices have not recovered as yet, according to Motilal Oswal Financial Services (MOFS). Demand has been robust in February, led by the continued healthy demand in the north, east and central India as well as the recovery seen in the west of the country. However, the southern region has seen weak demand, although there has been a strong QoQ uptick in A...
Kazakhstan sees 10.8Mt of production in 2020
Kazakhstan produced 10.8Mt of cement in 2020, rising above the 10Mt mark for the first time since its independency, according to the Kazakhstan Newsline. Caspi Cement exceeded its design capacity by 10 per cent during the year, while Standard Cement and Shymkentcement are both operating at almost full capacity. However, Zhambyl ACIG and Karaganda’s Kazakhcement have reportedly stopped produc...