Cement News tagged: International
Morocco’s cement deliveries expand 31% in August
Cement deliveries by Moroccan cement producers Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc advanced 31.1 per cent YoY to 1,132,899t from 864,441t in August 2020, according to Ipsos data published by the country’s Ministry for Housing and Urbanisation. In the first eight months of 2021 deliveries were up 19.3 per cent to 8,841,024t from 7,411,847t in the Januar...
Chilean cement deliveries up 56% in July
Cement dispatches in Chile advanced 55.5 per cent YoY to 361,956t in July 2021 from a low base of 233,186t in July 2020, according to the Camara Chilena de Construcción (CChC). In July 2019 cement dispatches reached 317,626t. In the first seven months of 2021 an increase of 24.5 per cent to 2,507,802t was reported. This compares favourably with the 2,014,574t in the January-July 2020 period....
Argentina sees 18% demand increase in August
In August 2021 the Argentine market expanded by 18.2 per cent YoY to 1,083,914t from 917,233t in August 2020 while MoM there was a 3.9 per cent improvement in offtake, according to the Asociación de Fabricantes de Cemento Portland (AFCP). Cement dispatches from Argentina’s cement producers advanced 18.8 per cent YoY and 4.1 per cent MoM to 1,096,564t in August 2021 from 922,743t and 1,053,19...
Odisha approves Jajpur cement projects
The state government of Odisha, India, has approved the proposal of My Home Industries Pvt Ltd to set up a 3Mta cement grinding unit at Badchana, Jajpur district. The project represents an investment of INR6.5bn (US$88.9m). Ramco Cements Ltd’s INR1.9bn project to expand its existing facility at Haridaspur, Jajpur district, with a 0.9Mta grinding plant was also cleared by the State Level Sing...
Italy sees 32% advance in 1H production
Domestic cement output in Italy picked up by two per cent YoY in June 2021, following a YoY increase of 18 per cent in May 2021, according to Federbeton. In the January-June period output has advanced 32 per cent when compared with the year-ago period. To supplement local supply, Italy imported 151,444t of cement in May 2021, up 75 per cent YoY. In terms of CIF values, the total price was EU...
Colombia sees 4% increase in cement dispatches
The Colombian cement market expanded by 3.6 per cent to 1.132Mt in July 2021 when compared with dispatches of 1.093Mt in July 2020 and by 7.5 per cent when compared with 1.113Mt in July 2019, according to the country’s statistics office, DANE. Cement sales were particularly strong in the ready-mix concrete market (+11.9 per cent YoY) while construction companies and contractors also increased...
Salvadoran cement prices up 4% in August
Cement prices in El Salvador have increased four per cent YoY to US$7.87/42.5kg bag in August 2021 from US$7.57/bag, delivered ex-works. Retail prices rose by 3.6 per cent YoY to US$8.68/bag from US$8.38/bag over the same period.
Bolivia’s cement market sees 26% expansion in June
Cement consumption in Bolivia increased 25.6 per cent YoY to 289,440t in June 2021 from 230,378t in June 2020, according to data from the country’s statistics office, INE. However, when compared with June 2019, when demand reached 330,612t, a 30.3 per cent contraction was reported. Domestic cement production increased 25.5 per cent YoY to 299,517t in June 2021 from 238,640t in June 2020. Howe...
Yousheng Cement reportedly plans Cameroon project
China’s Yousheng Cement is reportedly planning to build a cement plant inside the port of Douala, Cameroon, according to Business in Cameroon. While the capacity was not disclosed, public sittings related to the project’s environmental impact assessment have been planned.
Pakistan cement production rises 27% in 12MFY21
The overall output of the Large-Scale Manufacturing Industries Index (LSMI) in Pakistan increased by 14.9 per cent for July 2020-June 2021 compared to July 2019-June 2020, including local cement production, FBS estimated. Industry attributes the increase in production on the back of a boost in local demand by housing schemes. During the last fiscal year of July 2020-June 2021, Pakistan's ...
Coal rally reaches 2011 highs while petcoke discounts up to 37%
By Brannvoll Aps, Denmark Following on from ICR’s most recent energy report , the coal rally has now reached levels comparable the highs of 2011, leading to more supply distortions. Petcoke FOB contracts are dragged up close to all-time highs with only a few deals available. Discounts for petcoke FOB (USGC 6.5 per cent, 40 HG/API 4) have increased to 37 per cent. However, freight rate...
Vietnam sees 8% drop in July domestic sales
Cement sales in Vietnam in July 2021 declined eight per cent YoY to 4,964,884t and by 19 per cent from 6,095,139t in June 2021, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM sales fell by eight per cent to 1,627,342t when compared with July 2020 and by 22 per cent from 1,853,650t in June 2021, while for its associates, the YoY drop was 25 per cent to 1,037,5...
Pakistan anticipates rise in cement exports to Afghanistan
On 15 August the Taliban took over Kabul and declared their rule over Afghanistan. Taliban spokesperson Zabihullah Mujahid said at his first press conference that the Taliban would continue trading with neighbouring countries and steps would be taken to promote trade. Business people and traders in Pakistan widely welcomed the announcement and the Pakistan stock exchange (PSX) and the country...
Indian cement prices down 4% MoM
At an all-India level, cement prices fell four per cent MoM basis from INR369 (US$4.98)/50kg bag in July to INR356/bag in August, according to Kotak Institutional Equities. Central India was the least hit with a price correction of INR3/ bag in August, while some regions have recorded drops as steep as INR30/bag. "Dealers in large states like Madhya Pradesh and Uttar Pradesh report a stron...
Iraq to see new US$250m cement project
Iraq has reportedly awarded a project to a Spanish company to construct a cement plant at a cost of around US$250m. Iraqi Industry Minister, Manhal Al-Khabbaz, said the plant in the Nineveh Governorate, northern Iraq, would have an initial capacity of 4000-4500tpd, but could be expanded further at a later date, according to Zawya. The project is expected to complete with the next 2.5 years...
Kenya consumption up 27% in 5M21
Cement consumption in Kenya advanced 26.6 per cent YoY to 3.35Mt in the January-May 2021 period when compared with 2.64Mt in the 5M20, according to the Kenya National Bureau of Statistics. The increase was supported by ongoing infrastructure projects such as the Nairobi Expressway and higher activity in the real estate market. Output from domestic producers increased by 27.3 per cent to 3.38...