Members of Argentina’s Portland Cement Manufacturers Association dispatched 905 584 t of cement in April 2014, inclusive of exports. This figure is 0.6% lower than in March 2014 and 7.1% lower than in April 2014.
Domestic cement consumption, including imports, reached 895 697 t in Argentina in April. This represents a decline of 0.3% m/m and 5.4% y/y.
According to figures released by Indec, the Argentine government’s statistics organisation, the country’s economy grew by 1.3% y/y in February 2014. Industrial production contracted by 0.6% during the month, while construction experienced a drop of 5.2% despite growth in the public works sector.
World Cement provides an update on the Brazilian cement sector, as investment in infrastructure development continues and cement capacities are increased in line with rising demand.
Cementos Pacasmayo receives the first equipment shipments for its new Piura cement plant, while the company’s phosphate project receives approval for an environmental impact study.