Cement News tagged under: consumption
Indonesia's domestic monthly sales climb 13% YoY14 September 2015, Published under Cement NewsIndonesia's domestic cement sales rose 13 per cent YoY in August, data from Indonesia Cement Association showed on Thursday. Sales rose to 5.3Mt of cement last month, from 4.7Mt in the same period last year. Sales have proved disappointing through 2015, with declines seen over several months due to the stuttering economy and weak demand from the construction sector. "The increase indicates that construction of infrastructure, housing and apartment is moving ahead, with the government st... |
Argentina sees August cement sales edge downward14 September 2015, Published under Cement NewsIn August 2015 Argentina’s cement producers dispatched 981,621t of cement (including exports), down 8.6 per cent MoM and 2.2 per cent YoY, according to the country's cement association, AFCP. The country’s cement demand fell by 8.6 per cent MoM but by only 1.6 per cent when compared with August 2014. Total domestic shipments reached 977,469t and no cement was imported. For the first eight months of 2015, Argentina’s cement consumption supplied by domestic producers reached 7,924,210t,... |
PCA expects 2015 demand to increase 5%10 September 2015, Published under Cement NewsDespite volatility in equity markets and concerns about global growth conditions, PCA Chief Economist and Group Vice President, Edward Sullivan, has said “the fundamentals in the United States are sound and should support sustained growth in construction activity.” The PCA notes that the US economy is characterised by steady and strong gains in net job creation, low inflation, low interest rates, improving business and consumer confidence all of which paints an optimistic near term outlook.... |
Spain: rising from the recession07 September 2015, Published under Cement NewsAs Spain’s economy starts to recover from the recession, domestic cement demand finally appears to be picking up after six consecutive years of contraction since 2008. So deep was the downturn that demand remains at historically low levels, but the long-awaited upturn witnessed in 2014 should mark the start of a gradual rebound in volumes. As Spain emerges from economic recession, the cement sector can look forward to a slow, but upward path to sustainable cement demand Spain... |
Shanshui Cement issues first-half profit warning, China17 August 2015, Published under Cement NewsShanshui Cement on Friday said it expects to record a loss in net profit for the six months ended 30 June 2015 compared to the net profit of the same corresponding period in 2014, adding that the loss is expected to be "relatively significant." Management attributes the loss to two main factors. Firstly, the group has seen sluggish cement demand in the regions where it operates, particularly in the northeastern and Shanxi regions. Secondly, severe overcapacity led to a "substantial" decr... |
Semen Indonesia may review expansion plans amid slow demand environment12 August 2015, Published under Cement NewsSemen Indonesia has said it may review some planned expansion projects amid sluggish domestic cement demand, according to a senior company executive. “We will probably be accelerating the projects that have already started construction, but for other projects, like our regional expansion and the packing plant, we may adjust the plans,” said Ahyanizzaman, finance director at Semen Indonesia told the Jakarta Globe. “Our biggest investments are the Rembang plant and the Indarung plant. We’re... |
Polish monthly sales edge ahead11 August 2015, Published under Cement NewsCement production in Poland increased by 1.6 per cent YoY to 1.65Mt in July, while sales were up by 1.7 per cent to 1.71Mt, Poland's Cement Producer Association said in a statement. Year-to-date production grew two per cent YoY to 8.84Mt. Meanwhile, year-to-date sales rose by 2.3 per cent to 9.04Mt. |
Chinese demand seen improving - Citi10 August 2015, Published under Cement NewsCement demand in China is likely to improve sequentially in the coming six months with the speeding up of infrastructure construction and more policy support, says Citi. Cement demand in China had declined 5.3 per cent YoY in 1H 2015 on slow infrastructure investments and weak property new starts, leading to an 18 per cent drop in the cement price year-to-date. Citi forecasts demand will only decline three per cent for the full year in 2015 and grow 1.8 per cent in 2016. The house upgra... |
Mexico to maintain momentum?10 August 2015, Published under Cement NewsMexican cement demand reached a turning point in the third quarter of last year and recent statistics appear to be pointing to a material increase in construction activity. The domestic cement industry is now bouncing along nicely thanks to better utilisation and higher pricing, but with new capacity set to enter the market, for how long can this momentum be maintained? By Francisco Suarez & Ramón Obeso, Scotiabank Inverlat SA, Mexico. The real estate sector leads Mexico’s constructio... |
Argentina: July cement demand climbs 12.6% YoY07 August 2015, Published under Cement NewsThe Argentinean cement market expanded by 1.3 per cent MoM and 12.6 per cent YoY in July 2015, according to domestic cement producers’ association, AFCP. The country’s cement plants dispatched 1,073,762t, including 4140t of exports, a YoY increase in total deliveries of 11 per cent and a MoM rise of 1.3 per cent. No cement was imported. For the year to date, domestic consumption advanced by 11.3 per cent YoY to 6,946,742t from 6,243,587t, but exports fell by 37.8 per cent from 103,444... |