Cement News tagged under: Consumption
Cementos Argos26 April 2017, Published under Cement NewsFebruary 2017 saw cement consumption in Colombia contract by 3.5 per cent, according to DANE, the country’s statistics office. Just over 1Mt was consumed in the second month of the year, compared to 1,045,900t in the same month in 2016. Cement production over the period also fell, declining 2.6 per cent from 1,076,500t in February 2016 to 1,048,100t in February 2017. Geographically, the largest decreases in sales in the 2M17 were recorded in Casanare (-36.6 per cent), Boyacá (-18 per cent) a... |
China National Building Materials (CNBM)26 April 2017, Published under Cement NewsChina National Building Materials (CNBM) will be hoping to see an uptick in cement demand as China’s GDP growth defies analysts in the opening quarter of 2017. According to the National Bureau of Statistics, the Chinese economy grew by 6.9 per cent YoY in the 1Q17, compared to 6.8 per cent in the previous quarter. Government spending on infrastructure and the provision of cheap credit to boost property sales is being attributed to the 1Q expansion, along with higher export growth and impr... |
Moroccan demand slips 0.7% YoY in March26 April 2017, Published under Cement NewsMorocco’s cement demand fell 0.7 per cent YoY in March from 1.334Mt in March 2016 to 1.324Mt one year later. While the Dakhla-Oued Ed-Dehab region saw sales soar by 27.7 per cent YoY to 8042t, advances were more modest in Fès-Meknès (+19.13 per cent to 125,085t) and Souss-Massa (+12.8 per cent to 127,584t). However, Morocco’s key markets all saw sales contract. Casablanca-Settat experienced a 2.1 per cent drop to 292,487t, the Marrakech-Safi market shrunk by 8.3 per cent to 163,902t and ... |
CMS to benefit from Pan Borneo Highway construction25 April 2017, Published under Cement NewsConstruction of the Pan Borneo Highway in Malaysia is expected to boost demand for construction materials including an additional million tonnes of cement. Cahya Mata Sarawak Bhd (CMS), which is the sole cement producer in the country’s largest state, will be the main beneficiary of the mega highway project. "It is estimated that the project would need up to a million tonnes of cement over the course of the construction of the Pan Borneo Highway [in Sarawak], said Richard Curtis, manag... |
Peru: cement companies feel impact of El Niño25 April 2017, Published under Cement NewsCement producers in Peru have started to feel the impact of El Niño, according to Credicorp Capital. Between January and March, cement dispatches have fallen seven per cent. Cementos Pacasmayo is expected to see the highest drop in volumes even though its plant has not been damaged by the landslides. Lower construction activity is envisaged to affect Pacasmayo revenues by 10 per cent in the first quarter. While Unacem continues to ship cement from its Atocongo works, demand is expecte... |
Russian renaissance?24 April 2017, Published under Cement NewsRussian cement producers faced a challenging market environment in 2015-16 as a new recession impacted the construction industry. However, the first signs of recovery are appearing and the cement market is expected to stabilise in 2017, with further recovery forecast from 2018 as growth in the domestic economy and construction sector takes hold. By Alexej Semenov, GS-Expert LLC, Russia. As the domestic economy starts its path to recovery, Russians are hoping for a new dawn Russi... |
Steppe Cement 1Q17 volumes down as Kazakh market contracts19 April 2017, Published under Cement NewsSteppe Cement reported a 35 per cent YoY decline in cement sales volumes to 124,669t in the first quarter of 2017 as cement consumption in Kazakhstan fell five per cent YoY. In March 2017 alone, domestic consumption was down by 12 per cent, partly due to extended holidays, Steppe Cement said in a trading update released last week. The company added that it continued its strategy of increasing prices at the expense of market share. As a result, its market share fell from 16 per cent in... |
Indonesian cement consumption sees 4% rise in March19 April 2017, Published under Cement NewsCement consumption in Indonesia increased by four per cent YoY in March 2017 to 5.02Mt following flat sales volumes in the first two months of the year. The increase is attributed to a sharp rise in demand in Central Java and East Java. "Cement producers are somewhat relieved to see increasing demand for cement after stagnant months of January and February. The high demand for Java pushed up the rate of consumption," commented Widodo Santoso, chairman of the Indonesia Cement Association (... |
Brazil 1Q cement sales down 8% YoY19 April 2017, Published under Cement NewsCement sales in Brazil during the first quarter of 2017 declined by eight per cent YoY to 12.9Mt, according to the latest data from Sindicato Nacional da Indústria do Cimento (SNIC). In March 2017 cement sales declined by 4.4 per cent YoY to 4.7Mt. During the past 12 months (April 2016-March 2017) cumulative sales totalled 56.2Mt, 10.2 per cent less than the comparative period a year earlier. Cement consumption (including imports) totalled 4.8Mt in March, in the 12 months to the end... |
Argentina's cement producers set new March dispatch record05 April 2017, Published under Cement NewsArgentina’s cement companies dispatched 1,032,119t of cement in March 2017, surpassing the previous record of March shipments, set in 2015 when 979,452t were delivered to customers. The latest delivery volume is 15.5 per cent higher YoY and 28.7 per cent above the February 2017 level, according to AFCP, the country’s cement association. For the first quarter of the year, dispatches are up 6.2 per cent when compared with January-March 2016. The rise is attributed mainly to a signif... |