Domestic cement consumption in Spain declined by 13.6% in January
According to the Spanish Cement Association, Oficemen, domestic cement consumption fell by 13.6% y/y in January 2014. Around 764 011 t of cement was sold during the first month of 2014, some 120 420 t less than in January 2013. On an accumulated basis, Spanish consumption fell by 18.7% y/y over the last 12 months.
Oficemen does not expect the cement market to pick up in 2014, forecasting a 7 – 8% contraction. However, the domestic sales volumes in January were worse than predicted at almost double the rate of decline.
Adapted from press release by Louise Fordham
Read the article online at: https://www.worldcement.com/europe-cis/19022014/spanish_cement_consumption_declines_in_january_2014_770/
You might also like
The World Cement Podcast - CleanTech & Venture Capital
Our guest for this episode of the World Cement Podcast is Alfredo Carrato, Venture Capital Advisor for CEMEX Ventures. Listen in to the conversation as World Cement's Senior Editor, David Bizley, and Alfredo discuss the role of venture capital and cleantech in enabling the cement industry's green transition.
Tune in to the World Cement Podcast on your favourite podcast app today.