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Spanish cement consumption falls

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World Cement,

According to the latest report by Oficemen, cement consumption in Spain fell by 2.4% in October, reaching 1 025 120 t. This figure is 23 716 t less than in the same month last year. This data places the cumulative growth at 4.3% in the first 10 months, just half the rate at which the sector grew at the end of the first half of the year.

In addition, the new fall represents a decline of 0.5% in the YTD growth compared to that recorded at the end of the first nine months of the year. The cumulative consumption between January and October is now at 9 564 783 t.

"The latest figures represent a significant step backwards for our industry,” explained the CEO of Oficemen, Aniceto Zaragoza.

Adapted from press release by Joseph Green

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