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Portland cement dispatches contracted in Argentina in April 2014

World Cement,

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.

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