Cement News tagged under: Market update

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Domestic cement sales in Brazil increased 4% in August 2024

10 September 2024, Published under Cement News

Domestic cement sales in Brazil increased by 3.5 per cent YoY to 6.175Mt in August 2024 from 5.968Mt in August 2023, reports the country's cement association, SNIC. Sales volumes benefitted from a 5.6 per cent YoY rise in daily dispatches, reaching 252,000tpd in August 2024. Brazil is facing its worst drought in history, leading to the announcement of a red flag energy bill that could impact production costs and logistics, particularly in the North region. Additionally, labour shor...

Egypt’s cement consumption expected to fall to 45Mt in 2024

09 September 2024, Published under Cement News

Cement consumption in Egypt is expected to decline to 45Mt this year, compared to 47Mt in 2023, according to Ahmed Shireen, head of the Federation of Egyptian Industries' (FEI) cement division. In relation to this, multiple local contracting firms have temporarily suspended projects over the last two weeks. This suspension comes as a result of a decline in cement supply to their respective sites, according to official representatives from the firms. The officials attributed the cement sho...