Cement News tagged under: international
Kenyan cement demand drops 13% in 4M2408 July 2024, Published under Cement NewsCement consumption in Kenya fell 12.7 per cent YoY to 1,949,900t in the 4M24 from 2,234,200t in the 4M23, according to the Kenya National Bureau of Statistics (KNBS). The drop in cement consumption raises significant concerns about construction activity.“During the quarter under review, the construction sector registered a decelerated growth of 0.1 per cent, down from the 3.0 per cent growth recorded in the first quarter of 2023,” said KNBS. In the first three months of 2023, construction g... |
Morocco's cement market contracts 29% in June05 July 2024, Published under Cement NewsTotal cement deliveries by Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim contracted by 29.1 per cent YoY to 746,158t in June 2024 from 1,052,975t in June 2023, according to Morocco's cement association, APC. The retail segment reduced its off-take by 30.2 per cent YoY to 426,077t in June 2024 from 610,167t while deliveries to the ready-mix concrete segment were down by 29.9 per cent YoY to 171,390t from 244,650t in the same period. The prefab... |
Dalmia Bharat adds 1Mta of capacity at Kadapa05 July 2024, Published under Cement NewsDalmia Bharat Ltd has expanded the capacity of its integrated cement production facility at Kadapa in Andhra Pradesh by an additional 1Mta. The company announced on 4 July that the expanded capacity had begun production. The expansion, which required an investment of INR2.07bn (US$24.79m), will increase the total capacity of the Kadapa unit to 3.6Mta and the company’s total installed capacity to 46.6Mta. The expansion aims to meet the growing cement demand in the southern markets and... |
Continuing domestic weakness weighing on Pakistan cement05 July 2024, Published under Cement NewsTotal cement dispatches in Pakistan dropped 12.6 per cent YoY to 3.552Mt in June 2024 from 4.063Mt a year earlier, according to the All Pakistan Cement Manufacturers Association (APCMA). Local dispatches contracted 11.9 per cent YoY to 3.079Mt from 3.487Mt in June 2023. Exports also fell in June, declining 17.9 per cent YoY to 472,865t down from 576,309t a year earlier. North-south dispatches Dispatches from cement plants in the north of Pakistan shrank 7.7 per cent YoY to 2.723Mt in J... |
Italy cement output cools in April04 July 2024, Published under Cement NewsItalian cement output has cooled in recent months. Output shrank two per cent YoY in April, adding to the 11 per cent YoY contraction reported in March, according to the latest data from Italian concrete association, Federbeton. This follows four consecutive months of expansion. In year-to-date terms, cement output rose one per cent YoY in the January-April period. Strong local government and infrastructure spending will underpin cement demand in 2024. Import and export data, which l... |
Pakistan experienced a partial growth in cement dispatches in FY23-2404 July 2024, Published under Cement NewsThe cement industry in Pakistan experienced a minor growth in cement dispatches in FY23-24 due to significant export volume. However, the sector recorded a 12.6 per cent decline in cement dispatches to local and overseas markets in the last month of the FY23-24, with 3.55Mt dispatched compared to 4.06Mt in the same period of the previous fiscal year. Local cement dispatches were 3.08Mt in June 2024, a decrease of 11.7 per cent compared to 3.48Mt in June 2023. At the same time, export dispatc... |
Colombia’s cement shipments fall 11% in May04 July 2024, Published under Cement NewsCement dispatches in Colombia declined 10.9 per cent to 1.003Mt in May 2024 from 1.126Mt in May 2023, according to statistics agency DANE. Production was down 11.6 per cent YoY to 1.094Mt in May 2024 from 1.237Mt in the year-ago period. The market contraction was larger in the bagged cement segment, where sales were down 12 per cent. Bulk deliveries fell by 8.8 per cent YoY. In terms of market segments, the retail sector reported a 9.2 per cent YoY decrease while construction companies and... |
Argentine cement market contracts 33% in June03 July 2024, Published under Cement NewsCement demand in Argentina fell 32.8 per cent YoY and seven per cent MoM to 725,661t in June 2024, according to the country’s cement association, AFCP. This includes 81t of imports. Domestic production dropped 32.8 per cent YoY and 7.4 per cent MoM to 727,405t in June 2024. Of this total, 1825t was exported, down from 28.9 per cent YoY 2568t in June 2023. First-half 2024 In the January-June 2024 period, cement consumption in Argentina fell 30.9 per cent YoY to 4,247,357t from 6,148,980... |
Sri Lanka considering price control for cement02 July 2024, Published under Cement NewsSri Lanka’s Trade Minister Malin Fernando said the country was considering the introduction of price controls on cement. The step followed cement companies’ announcement that they would be reducing prices by LKR150 (US$0.50) to LKR2250/bag. Mr Fernando said: “I don’t accept this reducing the price by 150, I want the maximum retail price to be 2000-2500.” “We will announce a maximum retail price as soon as the companies discuss,” Fernando said. “If they do not comply, the consumer affairs ... |
Dominican cement price rise affects housing construction01 July 2024, Published under Cement NewsIn the Dominican Republic, cement prices, as represented in the Direct Cost of Housing Construction (ICDV), have increased by 49.3 per cent between January 2020-April 2024, according to the Dominican Association of Housing Builders and Developers (Acoprovi). This is causing inflationary pressures and increasing the cost of housing construction as cement represents 18 per cent of construction costs. In 2024 to date cement prices have advanced by eight per cent with an extra six per cent ant... |