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Spanish cement consumption grows in 1Q17

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World Cement,


Cement consumption in Spain grew by 14.1% in 1Q17, reaching 2 869 554 t, 353 893 more than in 2016. In contrast, exports declined 9.7% in the same period, standing at just over 2 million t, 225 000 less than last year.

In March, consumption grew by 21.5% due, in part, to the mismatch of working days caused by the fact that Easter was celebrated in that month last year.

Cement consumption in March was 1.1 million t, which is "still far from the optimum average values for a country like Spain, which should be around two million tonnes of monthly consumption," explains the CEO of Oficemen , Aniceto Zaragoza. "We continue to look at growth figures optimistically but cautiously, given the low absolute starting values. We should not forget that even if we maintained a continuous growth of 14% throughout the year, we would close 2017 with a consumption of 12.6 million tonnes, half of what, in our opinion, Spanish society needs, "adds Zaragoza.

"Beyond the recovery of the real estate market, we are concerned about the loss of investment in public works. The investment drought is affecting quality in our infrastructures, which are essential for the Spanish industry as a whole to be able to operate and maintain its contribution to the GDP, which, as we know, is the only way to consolidate a real and continuous exit of the crisis for our country,"concludes Zaragoza.

Read the article online at: https://www.worldcement.com/europe-cis/24042017/spanish-cement-consumption-grows-in-1q17/

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