Cement News tagged under: Demand
Iraq can grow with security23 May 2013, Published under Cement NewsWith considerable growth potential in the Iraqi cement market, the government is not only keen to rehabilitate the old plants but also aims to encourage new investors to enter the country. However, the task is a difficult one because of the continued political instability, the prospects for further unrest and inadequate energy supplies. Iraq’s cement industry has potential to grow, but it is restricted by political uncertainty and a lack of energy provision Iraq is a nation that... |
India: brighter times in sight?20 May 2013, Published under Cement NewsThe Indian cement sector continues to face a number of issues which have been heightened by weaker-than-expected demand following the monsoon season. This article brings recent developments to the forefront and explores whether an improved outlook can be anticipated. After an encouraging start to 2012, India saw a disappointing 2H performance India’s cement industry has once again hit the stumbling blocks. Despite an encouraging start to 2012, cement demand during the post-monso... |
Vietnam market remains sluggish29 March 2013, Published under Cement NewsThe Vietnamese Ministry of Construction said that cement consumption was estimated at 3.7Mt in February, accounting for 7.4 per cent of this year’s plan. The cement market remained subdued though producers continued to offer 3-5 bags of cement for free on 100 bags of cement. The Ministry’s plan foresees a cement demand of around 56-57Mt, of which the domestic market is expected to absorb 48.5-49Mt. The remaining 7.5-8Mt. is earmarked for exports, which in February touched 0.52Mt. ... |
Moroccan cement market down 18% in 2M1329 March 2013, Published under Cement NewsCement demand in Morocco during the first two months of the year fell by 18 per cent as the recovery of the construction sector remains out of reach. Total cement consumption over the two months is 2.4Mt. Public works are feeling the pinch as is the new tax regime on the sale of undeveloped land. Capital gains on these sales have seen an increase in tax rate from 20 to 30 per cent on land held for more than five years. Meanwhile, cement prices remain stable at MAD1100. |
Credit Suisse sees Indian cement sector expanding11 March 2013, Published under Cement NewsCredit Suisse says margins in India's cement sector should expand over the next two years on the back of price increases and improvement in demand, among other factors. Reuters reported that the investment bank assigns new ratings to Indian cement companies after a change in analysts. Credit Suisse rates ACC Ltd "outperform" with target price of INR1545 while assigning "neutral" rating to UltraTech Cement Ltd and Ambuja Cements with target prices of INR1900 and INR05 respectively. T... |
Nomura cautious on China demand growth and average prices21 January 2013, Published under Cement NewsInvestment bank Nomura is bearish on China cement but is less positive than the market on 2Q13 and 2013 demand growth and potential average selling prices (ASP). The house has analysed 138 railway projects in China and found the net incremental cement consumption for 2013 for 2013 to be 16t less than last year. Normura also explored more reliable property new-starts data and concluded that cement demand from the property sector would fall 1.1 per cent YoY in 2013 to 615Mt. It believ... |