Cement News tagged under: cement consumption
The world in 2016 and outlook for 201710 February 2017, Published under Cement NewsThis year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era of global political uncertainty that could further destabilise markets. On balance, however, global growth looks set to be anchored by positive trends in the major markets of China, India and the US, more than offsetting the poor performance elsewhere. The large cement majors have spent years diversifying their por... |
Argentina sees cement dispatches up 1.2% YoY in January 201709 February 2017, Published under Cement NewsArgentina’s cement market expanded by 1.2 per cent YoY in January 2017 as cement sales reached 868,590t from 858,496t the year before, according to the country's cement association, AFCP. Export sales more than doubled, rising from 4306t in January 2015 to 9632t in the first month of 2017. The country’s cement plants produced some 878,222t of cement, noting a 1.8 per cent rise YoY. Domestic output was complemented by 5184t of imports while in 2016 no imports into the Latin American co... |
Saudi Arabia: lacklustre domestic demand creates price war01 February 2017, Published under Cement NewsA drop in domestic demand caused by a downturn in government construction projects has triggered a price war among cement producers in Saudi Arabia, according to local newspaper Al-Youm. The National Cement Committee of the Council of Saudi Chambers acknowledged the price war but said it was not involved in it. “The committee has nothing to do with the decline in cement prices or the price war which is happening in the market,” said Committee Chairman, Jihad Al-Rasheed. The newspaper r... |
France: cement demand up 1.7%, positive outlook for 201701 February 2017, Published under Cement NewsCement demand in France has increased 1.7 per cent to 17.4Mt in 2016, according to the French cement association, SFIC. The association expects this trend to continue in 2017 thanks to strong growth in housing construction. |
Spain: domestic cement consumption falls 3.1% in 201631 January 2017, Published under Cement NewsSpain's total cement consumption for 2016 reached 11,140,639t, down more than 350,000t compared to 2015 and representing a 3.1 per cent YoY fall. December's monthly figure was equally as poor, down 3.8 per cent YoY to 804,372t. Disappointing domestic sales were offset, albeit only in part, by a growth in export volumes of 5.6 per cent to 9,782,631t. "After almost a decade of deep crisis, the outlook for 2017 is very worrying," explains the president of Oficemen, Jaime Ru... |
Spanish cement market contracts 3.1% in 201626 January 2017, Published under Cement NewsCement demand in Spain closed at 11,140,639t in 2016, representing a 3.1 per cent YoY fall, according to Oficemen, the country's cement association. In December, domestic cement consumption dropped 3.8 per cent to 804,372t when compared with December 2015. Exports have to some extent offset the contraction of the Spanish market, rising 5.6 per cent YoY to 9,732,631t. Oficemen expects the market to stagnate in 2017 with growth below one per cent, depending on the trend in residential c... |
Peru's sees 3.4% market contraction in 201617 January 2017, Published under Cement NewsCement consumption in Peru fell 5.2 per cent to 836,000t in December 2016, according to Asocem, the country's cement association. Exports decreased 43.5 per cent to 27,000t from 47,000t in December 2015. Cement production in December reached 886,000t, representing a 4.8 per cent decline YoY. For full-year 2016, Asocem reported a 3.4 per cent market contraction from 9.978Mt in 2015 to 9.643Mt. However, Peruvian cement producers found some solace in overseas markets and reported an 11.3... |
Colombia's cement consumption down 4.6% YoY in November16 January 2017, Published under Cement NewsCement demand in Colombia fell by 4.6 per cent in November 2016 to 1.019Mt when compared with November 2015, according to DANE, the country's statistics office. Output decreased by 3.5 per cent to 1.009Mt when compared with November 2015, when production reached 1.045Mt. In Nariño deliveries advanced by 21.1 per cent and in Antioquia by 7.7 per cent. On the other hand, Cesar noted a 29.1 per cent drop, with Santander and Cundinamarca reporting demand down by 18.4 and 15.5 per cent, respe... |
Kazakhstan: Steppe Cement FY16 results13 January 2017, Published under Cement NewsSteppe Cement Ltd recorded revenue for the year ended 31 December 2016 of KZT17.94bn (US$54.01m), representing an eight per cent drop YoY from KZT19.53bn recorded last year. A sales volume of 1,570,140t of cement was achieved in 2016, a four per cent decline from 1,643,136t reported in the previous year. Average price (ex-VAT) for delivered cement was KZT11,426/t (US$34.4/t) in 2016, a four per cent decrease on 2015. This drop in price was mostly due to competition among local companie... |
Indonesian cement consumption hits 62Mt in 201613 January 2017, Published under Cement NewsIndonesia consumed 62Mt of cement in 2016, up three per cent on the previous year, but below the Indonesian Cement Association’s (ASI) target of 65Mt, the Jakarta Globe reports. In a statement, ASI Chairman, Widodo Santoso,blamed delays in government infrastructure projects for the shortfall, noting that land disputes and financing problems had curtailed activity. Cement sales in Java, which account for over half of the national total, declined by two per cent to 33.7Mt, while Kalimant... |