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Vietnam's cement exports surge while domestic prices rise

Vietnam's Department of Building Materials, Ministry of Construction, reports that in the first four months of 2021, the country’s consumption of cemen. ....

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French cement consumption expected to recover in 2021

Cement consumption in France fell 7.5 per cent to an estimated 17.891Mt in 2020 with demand in 2021 forecast at 19.039Mt, up 6.5 per cent YoY, accordin. ....

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PCA warns US cement consumption will take time to recover

PCA warns US cement consumption will take time to recover
04 March 2021
The PCA s Market Intelligence Group announced its February outlook on the economy and cement consumption in the US.
It stated that COVID-19 is expected to remain an elevated drag on the economic recovery as consumer spending is cautious and accounts for two-thirds of every US dollar generated in US GDP. While COVID-19 relief programmes have prevented the US economy slipping further, by themselves they are not expected to generate growth. US vaccine supply will be at its highest in the 2Q21 and 3Q2. The inflation rate reached 1.3 per cent in the US in 2020 but is expected to rise to two per cent in 2021 before the US dollar strengthens in 2022-23. ....

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PCA releases winter US regional cement consumption forecasts

PCA releases winter US regional cement consumption forecasts
03 March 2021
The PCA Market Intelligence Group has released its cement consumption and construction spending forecasts in the USA.
Northeast
The Northeast has been hit hard by COVID-19, leading to cement consumption declining by a projected 0.6 per cent in 2020 and PCA Market Intelligence projects further decline in 2021 by nearly one per cent. The Middle Atlantic was down nearly four per cent in 2020. However, the East North Central and New England were up 0.7 and 2.8 per cent, respectively.
In the Middle Atlantic, public cement consumption is projected to decline 0.4 per cent in 2021 on top of a 1.9 per cent decline in 2020. The Northeast is generally expected to lag behind national trends in public cement consumption given state fiscal conditions and the characteristics of the region. ....

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BUA boss projects rise in cement consumption

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Joseph Olaoluwa
Chairman of BUA Cement, Abdulsamad Rabiu, has projected that Nigeria’s cement consumption will rise to about 200kilogrammes per head in the coming years.
Rabiu said this in a statement titled ‘BUA Cement Plc declares FY2020 profits of N95bn’, noting that there was still room for immense growth in the Nigerian cement industry.
The statement forwarded to our correspondent on Sunday said Nigeria with a population of about 200 million people was still greatly underserved by the cement industry.
It said the current consumption levels were at about 130kg per head compared to smaller African countries with consumption levels at about 170 to 180kg per head. ....

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