Cement News tagged under: consumption
PCA forecasts growth trend to continue, imports to increase rapidly14 April 2015, Published under Cement NewsUS cement consumption will continue its growth trend in 2015, with cement and clinker imports forecast to grow rapidly in 2017 and beyond, according to the Portland Cement Association (PCA). During the 2015 PCA Spring Meeting, PCA chief economist and Group VP Edward J Sullivan projected that total cement consumption would increase by 7.5 per cent from last year, and continue to grow in 2016 by 7.9 per cent. "The forecast indicates that the healing in the US economy has taken place," said M... |
Canada: a reversal of fortune13 April 2015, Published under Cement NewsAfter a prosperous era on the back of strong international commodity prices, Canada faces a more challenging time in terms of cement demand. The competitive landscape is also set to change with the arrival of a new player and the impact of the LafargeHolcim merger. Upside potential exists in terms of exports to Canada’s main trading partner, the US. Canada is the venue for this year’s IEEE-IAS/PCA Technical Cement Conference and Exhibition in Toronto, 26-30 April 2015, and ICR prev... |
Indonesia first-quarter sales down 3.2%13 April 2015, Published under Cement NewsIndonesian cement consumption fell by 3.2 per cent YoY in the January-March period, latest figures from the Indonesia Cement Association (ASI) show. Over the first three months of the year, consumption dropped to 13.63Mt compared to 14.08Mt in 1Q14. Year to date consumption was down in Java (-1.3 per cent), Sumatra (-3.9 per cent), Sulawesi (-2.5 per cent), Kalimantan (-1.4 per cent) and Nusa Tenggara Timur (-6.5 per cent). However, a gain was recorded in Malukus and Irian Jaya (+7.7 per ce... |
Nomura expects Indian demand recovery in FY1613 April 2015, Published under Cement NewsNomura expects Indian cement companies to see demand recover in the current fiscal year, after a weak ending to fiscal 2015 in March. The broker expects Indian cement companies' revenues and operating profit to stay flat for the January-March period, owing to falling volumes. Cement volumes fell by about five per cent YoY during that period – the weakest in any quarter in the past couple of years, says the broker. However, going into fiscal 2016, which began in April, Nomura expects ceme... |
French cement demand hits 50-year low10 April 2015, Published under Cement NewsCement consumption in France fell a further 5.5 per cent to 18.2Mt in 2014, a level not seen since 1964, according to SFIC, the French cement association. In addition, the latest figures indicate that the downward trend is continuing. In 1Q15, demand decreased 10 per cent when compared with 1Q14. For the full-year 2015, the association forecasts consumption to contract by 3.5 per cent YoY to 17.5Mt. Meanwhile, the outlook for the construction industry remains mixed. While housebuildin... |
1Q15 Swiss dispatches down 16%09 April 2015, Published under Cement NewsDomestic deliveries by the Swiss cement industry fell 16 per cent in 1Q15 as the construction industry experiences a cooldown, according to cement association Cemsuisse. Dispatches fell from 980,721t in 1Q14 to 823,375t in 1Q15. |
Expected second-quarter pick-up in Indian demand07 April 2015, Published under Cement NewsIndian cement demand is expected to see a revival over the July-September quarter on the back of an increase in infrastructure spending. Consumption continued to remain tepid during March, leading cement producers to cut their dispatches by 20-30 per cent even in the northern region which has been one of the most stable regions, according to brokerage firm PL India. Its report on the sector said that the weakness was primarily influenced by the government’s reduced spending to manage the f... |
US market picks up 12% YoY in January 201503 April 2015, Published under Cement NewsUS market demand reached 5,355,378t, representing a 12.1 per cent increase on January 2014, according to preliminary figures by the US Geological Survey. Shipments of Portland and blended cement by US producers reached 4,859,373t in January 2015. Clinker production stood at 5,407,342t. In addition, the country imported some 496,005t of cement. Exports by US producers totalled 51,037t, down 9.5 per cent YoY. |
Vietnam cement sales down 0.5% in 1Q1503 April 2015, Published under Cement NewsVietnam's cement sales in 1Q15 slipped 0.5 per cent YoY to 10.6Mt as many projects started late after a long holiday and exports fell 35 per cent in March, according to the Construction Industry. Domestic consumption in March decreased 23 per cent YoY to 3.91Mt. |
Colombia: Feb cement sales up 6.1%01 April 2015, Published under Cement NewsColombia saw a 6.1 per cent YoY rise in cement dispatches in February as 985,300t of the product were delivered, according to DANE, the national statistics office. The largest increases were experienced in Nariño (+52.1 per cent), Bolívar (+37 per cent), Antioquia (+17 per cent) and Bogotá (7.7 per cent). Production in the second month of 2015 reached 1.034Mt, an 13.3 per cent advance when compared with February 2014. In the 2M15, deliveries increased 10 per cent YoY to 1.913Mt while... |