Cement News tagged under: international
Encouraging developments for Pakistan's cement industry19 May 2020, Published under Cement NewsPakistan's cement industry saw several encouraging development last week, including the news about the implementation of Diamer Basha Dam project, reduction of interest rates by the central bank, sufficient allocation of a development fund in the upcoming budget with a sorry note of the fall in cement production during 20 March due to the direct impact of COVID-19. As a result, the stock market turned bullish on last Tuesday on the back of a sharp rally in the cement and steel stocks. In a... |
BCMA reports 46% fall in domestic cement sales18 May 2020, Published under Cement NewsThe current demand for cement in Bangladesh has declined drastically as construction projects have been halted following COVID-19 lockdown, according to the Bangladesh Cement Manufacturers Association (BCMA). Cement sales dropped around 46 per cent in April following serious disruption in construction, according to the BCMA. The manufacturers saw a severe fall in sales, despite expecting double-digit growth in 2020 after achieving above seven per cent growth in previous year. BCMA Presid... |
Puerto Rican cement sales decline 61% in April18 May 2020, Published under Cement NewsSales of cement in Puerto Rico fell 55.1 and 60.6 per cent in March and April 2020, respectively, according to the country’s Instituto de Estadísticas. In March 2020 526,500 bags of 94lb, or 22,496t were sold while in April the offtake reached 451,300 bags or 19,283t. The drop in sales was attributed to the lockdown and the production stop due to the coronavirus. Cement production fell 59.2 per cent to 493,300 bags (21,077t) in March and 49.5 per cent to 377,200 bags (16,117t) in April. |
Indonesian cement market contracts 6% in April15 May 2020, Published under Cement NewsCement consumption in Indonesia fell by 6.3 per cent YoY in April 2020 to 4.514Mt from 4.816Mt In April 2019, according to data published by the Indonesian Cement Association (ASI). Java, the country’s largest market, saw sales decline by 11. 3 per cent YoY to 2.412Mt from 2.718Mt in April 2019 while Sumatra was unable to offset the drop despite a 7.4 per cent uptick in volumes to 1.077Mt from 1.003Mt in April 2019. Sulawesi volumes edged up by 0.8 per cent to 0.394Mt, on Kalimantan consu... |
Chilean cement demand drops 7% in 1Q2015 May 2020, Published under Cement NewsAfter remaining largely stable at 332,905t in February 2020 when compared with February 2019, Chile’s cement market contracted by 13.6 per cent YoY in March to 344,098t from 398,132t in March 2019, according to the Chilean Chamber of Construction and Cement (CChC). In the first quarter of 2020, dispatches were down 6.7 per cent YoY to 1,007,786t from 1,080,074t in the 1Q19. |
Egyptian cement demand falls almost 10% in April15 May 2020, Published under Cement NewsThe Egyptian cement industry's sales volumes for April, excluding exports, dropped 9.7 per cent MoM and 13.4 per cent YoY. Moreover, local sales witnessed almost the same level of drop of 9.2 per cent MoM and 12.6 per cent YoY, respectively. The cement demand fell during April and May as construction activity slowed, impacted by the ongoing coronavirus containment measures and Ramadan. Egypt's cement industry has for some time been struggling with a supply glut of more than 40 per cent, wh... |
Brazil cement consumption declines 7% in April14 May 2020, Published under Cement NewsWhile Brazilian cement sales in April fell 6.9 per cent YoY to 4.1Mt, sales per business day saw a drop of only 2.5 per cent to 185,500t, according to Brazil’s cement association, SNIC. “After a slightly negative quarter of sales (-0.3 per cent 1Q20 x1Q19), caused mainly by the damming of cement purchases in January and February due to heavy rains, which hit several parts of the country, and the beginning of social isolation and demobilisation of sectors of the economy, which started in Ma... |
MPA releases COVID-19 pocket safety guides14 May 2020, Published under Cement NewsThe Mineral Products Association (MPA) has launched two new sector specific pocket guides, for managers and employees, which are designed to support members in keeping employees, contractors, suppliers and customers safe as site operations adapt to the restrictions of COVID-19 and become COVID secure. Drawing on expert industry advice and techniques, they have been prepared by the MPA's Health and Safety Committee. The A5-sized guides are based around '10 Rules of Engagement' designed to d... |
US and Puerto Rico February Portland and blended cement shipments up 13%13 May 2020, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico advanced 13 per cent YoY in February 2020 to 6.4Mt, reports the US Geological Survey (USGS). The top five state markets were Texas, California, Florida, Arizona and Georgia, which accounted for a total share of 49 per cent of the month’s shipments. The leading producing states for Portland and blended cement were Texas, California, Missouri, Florida, and Alabama. Masonry cement shipments were up sl... |
Argentina’s market contracts 55% in April13 May 2020, Published under Cement NewsCement consumption in Argentina dropped 55.2 per cent YoY and 19.7 per cent MoM in April 2020 to 403,652t from 900,938t in April 2019, according to the latest data by the country’s cement association, AFCP. Production in domestic cement plants fell by 55.1 per cent to 407,645t in February 2020 from 908,737t in the equivalent period of the previous year. When compared with March 2020, the decline was 19.8 per cent. There were no imports in April. Exports saw a 48.8 per cent YoY decrease t... |