Spain: cement consumption up 8.5% in 1Q15

Cement consumption in Spain reached 983 210 t in March 2015, up 12.3% (around 100 000 t) on March 2014. In the 12 months to March, consumption levels improved by 2.9% y/y, while 1Q15 saw some 2.55 million t of cement consumed in the country. The latter represents growth of 8.5% y/y, around 200 000 t more than in 1Q14.

Oficemen’s Aniceto Zaragoza explained that although the figures were welcome the increases were still small, with consumption remaining within the realm of historically low levels. He went on to add that upcoming regional and municipal elections could bring further uncertainty to recent growth in public works projects and investment. Oficemen has once again called for stimulus within the housing and public works sectors, in order to meet societal needs.

Adapted from press release by Louise Fordham

Read the article online at: https://www.worldcement.com/europe-cis/16042015/oficemen-releases-spanish-cement-figures-for-1q15-694/