Cement News tagged under: international
Argentina’s cement market expands 25% in November04 December 2020, Published under Cement NewsCement demand in Argentina surged 25.1 per cent YoY and edged up two per cent MoM to 1,091,549t in November 2020, according to the country’s cement association, AFCP. The market was entirely supplied by domestic output. In addition, Argentina’s cement producers exported 41,010t of cement in November, compared with 12,374t in November 2019 and 15,122t in October 2020. Total domestic production reached 1,132,559t, up 28 per cent YoY and 4.3 per cent MoM. January-November 2020 In the firs... |
Southern India sees boost in cement prices04 December 2020, Published under Cement NewsCement prices in southern India have advanced around 18 per cent YoY to INR393/bag (US$5.3) in the 3QFY20-21, according to Motilal Oswal. On a QoQ basis, prices are flat as hikes in November 2020 have offset the decline seen in the September-October period. The strong prices in the region have been attributed to strong production discipline in the face of weak volumes. Prices in the north, west and central India are up seven, six and five per cent YoY, respectively. In the 3QFY21, the ave... |
Iran's cement exports fall 24% YoY03 December 2020, Published under Cement NewsThe value of Iran’s cement exports in the first seven months of the current Iranian calendar year (20 March-21 October) reached more than US$163.4m, down 11 per cent compared to the same period last year. The quantity of cement exports also fell 24 per cent YoY to 7,630,428t. |
Two of Uzbekistan's cement plants suspend production02 December 2020, Published under Cement NewsUzbekistan’s Kuvasaycement and Akhangarantsement cement plants have suspended the production of cement due to a decrease in gas pressure, according to Trend News. The Antimonopoly Committee of Uzbekistan has reported that the decrease in pressure is associated with a cold snap and increased gas consumption by the country’s population. "Against the background of the current situation, the average daily volume of past trades amounted to 30,000t, which is 34 per cent lower than the indica... |
Colombian cement market expands 5% in October01 December 2020, Published under Cement NewsCement dispatches in Colombia increased 5.2 per cent YoY to 1.169Mt in October 2020 when compared with 1.111Mt delivered in October 2019, according to the national statistics agency, DANE. The rise was supported by an increase in the retail segment, where dispatches were up by 10.6 per cent YoY. Building companies and contractors increased their offtake by 4.2 per cent when compared with October 2019. However, deliveries to the ready-mix concrete segment dropped nine per cent YoY. The ... |
Vietnam produces 90.3Mt of cement in 11M2001 December 2020, Published under Cement NewsVietnam is estimated to have produced 90.3Mt of cement in the first 11 months of 2020, up 3.4 per cent YoY, according to data from the country’s General Statistics Office. In November, cement output is projected to have risen 4.6 per cent YoY to 9.1Mt. The country exported 3.5Mt of cement and clinker worth US$140m in November, down 3.3 per cent YoY in volume and 3.1 per cent in value. In the first 11 months of 2020, Vietnam earned US$1.32bn from exporting 35.18Mt of cement and clink... |
Uzbekistan's Ministry of Energy denies reports about electricity supply26 November 2020, Published under Cement NewsThe Ministry of Energy of Uzbekistan has denied reports regarding the cessation of electricity supply to certain cement producers. According to the dispatch centre, the Akhangaran cement plant received 605,000kWh of electricity on 24 November. On average, this plant is supplied with 540,000kWh of electricity per day. Elsewhere, the Kuvasay cement plant consumes an average of 332,000kWh electricity per day. |
Tanzania cement plants inspected for hoarded cement26 November 2020, Published under Cement NewsTanzanian Prime Minister Kassim Majaliwa on Saturday ordered all regional commissioners to inspect all cement factories in the country and prosecute owners found hoarding the commodity. He said the inspection should also involve cement sales agents and retailers of the commodity across the country. A statement by the Prime Minister's Office in the country's legislative capital Dodoma said he made the order in a video conference with the regional commissioners. Speaking shortly af... |
Indonesian industry to face continued overcapacity challenge26 November 2020, Published under Cement NewsThe COVID-19 pandemic has seen Indonesian cement sales drop throughout most of 2020 with October sales down 9.7 per cent YoY. Moreover, demand is predicted to fall 11 per cent YoY by the end of the year, according to PT Indocement Tunggal Prakarsa Tbk. However, the industry is currently challenged by considerable overcapacity. In 2020 total domestic cement capacity is 116.4Mta with a plant utilisation of 54.6 per cent, supplying a domestic market of an estimated 63.6Mta. Competition is e... |
Spanish cement demand drops 13% in October25 November 2020, Published under Cement NewsDemand for cement in Spain has fallen 13.1 per cent YoY to 1,205,482t in October 2020, according to Oficemen. In the first 10 months of 2020, domestic consumption has decreased 12.3 per cent YoY to 11,055,411t when compared with the 10M19. “Due to its multiplier effect on the economy and employment, investment in infrastructure should play a relevant role in direct aid and in the financing that our country will receive from Europe. In Spain we have accumulated an investment deficit of mo... |