Cement News tagged under: market reports
Not out of the woods yet21 May 2018, Published under Cement NewsAs India’s cement industry recovers from demonetisation, the October-December 2017 quarter brought new tests of strength. While demand showed unusually-high growth, increased fuel and raw material prices combined with muted growth forecasts took the shine off positive expectations for the year ahead. While Indian cement consumption saw an 11 per cent hike in the Oct-Dec 2017 quarter, the Indian cement sector is not out of the woods yet While the impact of the government’s dem... |
Central America: ready to grow14 May 2018, Published under Cement NewsCentral America’s positive but weakening economic growth trend is expected to continue into the coming years, fuelled by the diverging economies of its constituent countries. ICR looks at the supply and demand variation throughout the region, and how capacity expansion is set to continue in a region where utilisation rates are low. Trinidad Cement was acquired by Cemex via its subsidiary Sierra Trading in 2017 Central America – from Belize and Guatemala in the north to Panama in... |
Imbalances yet to surface in Trump’s US economy09 May 2018, Published under Cement NewsICR took a moment to talk to Ed Sullivan, Portland Cement Association’s vice president and chief economist of Market Intelligence, to understand more about how the US economy is faring and what factors might yet cause a brake on cement demand going forward. Figure 1: impact of different outcomes of the tariff issue on the economy and cement sector ICR: What is the current PCA forecast for economic growth in the USA in 2018-19? Ed Sullivan (ES) : Good, very good. We are well in... |
Going to Graceland02 May 2018, Published under Cement NewsThe 2018 IEEE-IAS/PCA Cement Industry Technical Conference will be held between 6-10 May in Nashville, Tennessee. Therefore, the timing is right for ICR to visit Graceland and examine the recent developments in the nearby southern US cement markets. By Rob Roy Economic Consulting, USA. Lehigh Portland Cement Co’s 3.5Mta plant in Union Bridge is one of Maryland’s two integrated cement facilities and the country’s second-largest after LafargeHolcim’s Ste Genevieve works, Missouri ... |
Russia’s new dawn23 April 2018, Published under Cement NewsGrowing construction activity, a recovering economy and stabilising cement production – 2017 marks something of a turn-around year for Russia after years of recession. But the situation is still fragile with much of the economic growth fuelled by oil prices, which remain volatile, and construction increasing in less obvious sectors such as agriculture and healthcare. By Alexey Semenov, GS-Expert LLC, Russia, and ICR Research, UK. Russia’s economic recovery and increase in construction... |
A banner year ahead09 April 2018, Published under Cement NewsFollowing several challenging years with cement demand declining, the year ahead promises a turnaround of fortunes for China. With domestic cement consumption and export demand expected to rise and new supply to moderate, the Chinese cement industry can look forward to a better year. Prices are also forecast to recover, providing improved returns for producers. By Addison Dai, DBS Vickers, Hong Kong. China’s cement consumption is expected to grow in 2018, improving the demand-supply b... |
Central Asia: the Chinese way26 March 2018, Published under Cement NewsCentral Asia stands at the brink of an economic and trading revolution as China looks west and implements its ambitious Belt and Road Initiative to reach across into Eurasia and Africa. To drive this transformation, central Asia’s cement industry is already being modernised to provide the necessary building materials. China’s Belt and Road Initiative aims to connect the Asian giant and remote areas of central Asia with Europe, the Middle East and Africa China’s dream of a ‘Ne... |
Israel: closing the gap14 March 2018, Published under Cement NewsA stable economy and renewed commitment to infrastructure spending by the government bodes well for Israel’s cement producers, although rising cement imports are making for a more competitive environment that has challenged the status quo. In 2017 visitor numbers to Israel hit a record high of 3.6m, spurring further investment in the country. Source: Ron Barkin - Israeli Ministry of Tourism Israel’s GDP is estimated to have advanced by three per cent in 2017, according to the... |
Facing an oversupply challenge08 March 2018, Published under Cement NewsIndonesia’s cement market saw a significant expansion in 2017 despite economic woes. While the country’s property market performs below par, cement producers are pinning their hopes on the government’s ambitious infrastructure development programme to avert the threat of oversupply going forward. By the Indonesian Cement Association and ICR Research, UK. Faced with an oversupply and a stagnant housing market, Indonesia’s cement producers are pinning their hopes on the government’s ... |
North Africa: mixed fortunes26 February 2018, Published under Cement NewsICR takes a look at the current economic and political challenges facing cement producers in Algeria, Egypt, Libya, Morocco and Tunisia, and how they are responding to this rapidly-changing landscape. As Algeria’s cement production touches 30Mt and the domestic market is expected to require 28Mt, the country is envisaged to commence regular exports. Meanwhile, production capacity is growing with Lafarge-Souakri Group joint venture, Cilas commissioning its 2.7Mta Biskra plant in... |