Cement News tagged under: market reports
After the monsoons01 March 2017, Published under Cement NewsWhile the demonetisation of the Indian economy has seen cement sales significantly drop, the country’s cement producers are waiting for the positive medium-term effects of good monsoons to kickstart an acceleration in demand growth. Ambuja Cement saw a 6.6 per cent YoY drop in Jul-Sep sales in 2016 Uncertainty has once again eclipsed the growth of India’s 420Mta cement sector. Good monsoon rains with uniform spread across India in the July-September period have taken a toll on c... |
GCC: capacity outpaces demand15 February 2017, Published under Cement NewsWith oil prices forecast to remain at the lower end of the scale, Gulf Cooperation Council countries reassess their needs. A heightened focus on economic diversification drives infrastructure investment and governments address the lack of affordable housing for their growing populations. However, the expansion of cement capacity is outpacing demand growth. By Hettish Karmani, Ubhar Capital, Oman. With a stronger focus on economic diversificaiton and housing, GCC countries hope to brid... |
Towards self-sufficiency?06 February 2017, Published under Cement NewsThe Algerian cement market is undergoing unprecedented growth in production capacity as the country attempts to become self-sufficient in cement. This capacity build-up is mainly driven by large infrastructure projects and new housing, but Algeria’s reliance on oil revenues is expected to impact on the pace of this development. The domestic cement industry would be well advised to look beyond the national borders as capacity ramps up. By ICR Research, UK. Algeria's government invests ... |
Paving the road for Colombia23 January 2017, Published under Cement NewsWith an infrastructure master plan that will see COP54.8bn poured into Colombia’s road network alone, the future for the country’s cement industry is positive. Anticipating sustained market growth, existing and new players are expanding production capacity and in some cases, phasing out old, wet-process technology. By Bancolombia, Colombia. Colombia is embarking on a large-scale infrastructure master plan with a major focus on the transport network Back in May 2014, Bancolombia ... |
Improving markets for 201709 January 2017, Published under Cement NewsWhile 2016 appears to have seen limited growth in global cement consumption, improved fundamentals and returns are in store for 2017 as emerging markets are expected to nearly double their YoY growth rate. By John Fraser-Andrews, HSBC Global Research. Figure 1: emerging market (ex-China) volume growth to outstrip new capacity in 2017-2018E Source: International Cement Review, company data, HSBC estimates Figure 2: country cumulative (2010-2015) cement price variation less... |
Japan: finding new ways19 December 2016, Published under Cement NewsSince the last decade of the 20th century, Japan has been stuck in a deflationary economic spiral, but now a fragile growth is emerging. While the country finds new ways to prosper and can look forward to hosting the Olympic Games in 2020, public investment is not expected to provide the fast track to prosperity. Cement producers will find most support in private investment and exports, which are resuming their upward trajectory. As it upgrades its transport network, replacing one pio... |
A fragile but positive outlook05 December 2016, Published under Cement NewsWhile South America’s cement markets may have been considerably affected by the economic downturn, the Central American countries of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama are hopeful of a better future. Domestic cement producers are looking for an upturn in cement demand, particularly following recent increases in their production capacities. By Rob Roy, ROI Economic Consulting, USA. In Honduras Argos operates the 1.3Mta Piedras Azules integrated... |
India: marking time28 November 2016, Published under Cement NewsWhile the monsoon has been kind to India this summer and is likely to help a recovery in cement demand next year, India’s cement producers are still marking time as they wait for more sustained, double-digit growth reminiscent of better times in the past. Eyes, and hopes, are set on FY17-18. As the Indian private sector has not yet accelerated its spending all eyes are on the government to support the cement industry with an increased public spending programme Despite being o... |
Saudi Arabia: changing times?14 November 2016, Published under Cement NewsThe 2017 outlook for the Saudi Arabian cement sector remains neutral unless the government continues its spending spree. But as the subdued oil price environment calls for a more-diversified economy and spending cuts to rein in costs, cement demand in the kingdom could be in for a gloomy ride in the medium term. By Santhosh Balakrishnan, Riyad Capital, Saudi Arabia. As oil prices remain subdued, Saudi Arabia may need to rein in its construction ambitions The Kingdom of Saudi Ar... |
Lebanon: beyond tomorrow02 November 2016, Published under Cement NewsWith falling domestic consumption and foreign direct investment offering limited demand at home and the Syrian war disrupting regional export routes, Lebanon’s cement producers are cutting costs and reducing output. However, the long-term scenario offers improved opportunities both within and beyond the country’s borders. By Riwa Daou, Blominvest Bank, Lebanon. As local demand weakens and foreign direct investment falls, Lebanon's cement producers look to the medium- to long term f... |