Cement News tagged under: Consumption
Pakistan Economic Survey forecasts growth in cement industry26 May 2017, Published under Cement NewsThe performance of the Pakistan cement industry has been remained encouraging and recorded good growth in the fiscal year to-date. Going forward, the prospects continue to be bright, according to the recently-released Pakistan Economic Survey 2016-17, as the government identifies locations for future investment in the cement sector. The new survey, published yesterday, shows that growth in the cement sector has been underpinned by robust domestic demand, which has enabled local producers ... |
PCA sees 3.5% cement consumption growth annually in next two years25 May 2017, Published under Cement NewsThe Portland Cement Association (PCA) announced it expects US cement consumption to reach 3.5 per cent annual growth during the remainder of 2017 and 2018, based on analysis of data and policies likely to impact the industry in the years ahead. Speaking before the IEEE-IAS/PCA Cement Conference in Calgary, Alberta, Canada, PCA Senior Vice President and Chief Economist, Ed Sullivan, said that while details on specific federal US policies are not yet fully available, the association is ... |
Spain's cement market contracts 2.3%23 May 2017, Published under Cement NewsCement demand in Spain fell 2.3 per cent YoY to 917,152t in April, according to data by Oficemen, the country’s cement association. Exports decreased by 5.5 per cent YoY, just surpassing the 0.76Mt mark. In the first four months of the year, domestic consumption increased 9.6 per cent when compared with 4M16, reaching 3,786,705t. However, exports declined 8.6 per cent to 2,855,090t. "The fall in consumption has been motivated, in part, by the calendar effect, since this year in April ... |
Whither close ties to the US?22 May 2017, Published under Cement NewsSince the signing of the North American Free Trade Agreement, which consolidated the close ties between Canada and the USA, significant changes have taken place in both countries. In addition, Canada’s cement producers have witnessed a changing production base and lower domestic sales in the last few years. By Rob Roy, ROI Economic Consulting, USA. The eastern Canadian cement market expanded 1.4 per cent in 2016 and performed significantly better than its western counterpart, which... |
Indonesia: sustaining profitability19 May 2017, Published under Cement NewsWeaker-than-expected growth in Indonesian cement consumption and fierce competitive pressures have led to a tough pricing environment, resulting in local producers looking to mitigate the impact of a challenging market. However, latest volume data by the Indonesian Cement Association (ASI) reveal strong domestic and export sales for the month of April, but can this recovery be sustained? Domestic cement consumption in 2016 was virtually flat (+0.1 per cent) compared to the previous... |
Peru sees fall in April cement dispatches19 May 2017, Published under Cement NewsPeru’s cement dispatches fell 10 per cent to 0.73Mt in April when compared with April 2016, when 0.811Mt were delivered, according to the country's cement producers' association, Asocem. Domestic deliveries reached 0.699Mt in the fourth month of the year, down 10.5 per cent YoY. Cement exports rose five per cent MoM to 31,000t and clinker exports stood at 59,000t. In terms of domestic demand (domestic deliveries plus imports), the fourth month of 2017 saw a 12.8 per cent YoY decline t... |
Brazil's Jan-April sales down 10.1%17 May 2017, Published under Cement NewsIn the first four months of 2017, Brazilian cement sales to the domestic market totalled 17Mt, according to preliminary data from Sindicato Nacional da Indústria do Cimento (SNIC). This amount represented a decline of 10.1 per cent compared to the same period of last year. In the 12 months to the end of April 2017, cumulative sales totalled 55.5Mt, 10.7 per cent less than the comparative period a year earlier. Standalone figures for April 2017 show sales were down by 16 per cent YoY to... |
Canacem: Mexico’s cement sector to grow 3% in 201712 May 2017, Published under Cement NewsThe Mexican cement sector is expected to grow by three per cent in 2017, as housing construction contracts, according to Osmín Rendón, president of the national construction chamber, Canacem. He said the cement price will continue to rise as in the last 5-7 years, but that the decision depends on individual companies and the pricing strategies they pursue. "Cement prices are diverse, there is no single price and this depends on the area and the brand. Each company will determine whether t... |
Pakistan dispatches up 6.21%08 May 2017, Published under Cement NewsPakistan dispatched 33.88Mt of cement during the first 10 months (July-April) of the current fiscal, up by 6.21 per cent YoY, latest figures from the All Pakistan Cement Manufacturers Association (APCMA) show. During the period, domestic consumption rose by 10.74 per cent YoY to 29.871Mt while exports were down by 18.63 per cent to 4.01Mt during the 10-month period under review. In April 2017 dispatches totalled 3.576Mt, of which 2.734Mt were destined for the north and 0.596Mt headed so... |
India: the long wait continues02 May 2017, Published under Cement NewsDespite high hopes of a return to more robust growth rates, the Indian cement sector is likely to close FY16-17 with its slowest performance in over a decade. The third quarter (October-December 2016) proved to be particularly tumultuous as good demand growth seen in the early part of the period was stopped in its tracks by the government’s unexpected demonetisation move which also impacted pricing. As FY16-17 draws to a close, hopes of a return to more robust growth rates appear to h... |