Displaying items by tag: volumes

Vietnam: The country exported 19.8Mt of cement and clinker worth US$745m in the first seven months of 2025, up by 9% in volume and 7% in value year-on-year, according to the General Department of Vietnam Customs. The Philippines remained the largest buyer with 3.87Mt worth US$147m, accounting for nearly 20% of total shipments. However, exports to this market fell by 17% in volume and 21% in value compared to 2024. Bangladesh ranked second with 3.53Mt worth US$116m, while Taiwan and Malaysia followed, each importing more than 850,000t.

Argentina: Cement despatches in August 2025 totalled 0.89Mt, down by 0.4% year-on-year from August 2024, according to the AFCP. Volumes fell by 0.2% month-on-month.

However, cumulative despatches from January to August 2025 reached 6.59Mt, an 8% increase from 6.08Mt in the same period of 2024. Cement imports in August 2025 stood at 298t, taking the year-to-date total to 1597t.

UK: Cement production dropped to 7.3Mt in 2024, the lowest level since 1950 and around 50% of 1990 volumes, according to the Mineral Products Association (MPA). Imports have nearly tripled over the past 20 years, rising from 12% of sales in 2008 to 32% in 2024, leaving supply chains more dependent on volatile international markets.

Diana Casey, executive director for cement and lime at the MPA, said “We’re calling on the government to help put domestic production on a level playing field so that it can compete fairly with imports. The UK has a choice: to build these vital development projects with UK-made cement, or to build them with imports – sending jobs, investment and economic growth overseas.”

The MPA said that high energy, regulatory and labour costs are threatening competitiveness and jobs, with 40% of cement produced in the Peak District and 60% across the rest of the UK. The group said the carbon border adjustment mechanism (CBAM) due in 2027 must be paired with a procurement policy that prioritises domestic cement.

Mexico/US: Grupo Cementos Chihuahua (GCC) reported that sales in the US were up by 8% year-on-year in the second quarter of 2025 (April – June 2025), due to higher ready-mix concrete and cement volumes of 21% and 4% respectively. In Mexico, which represents 25% of consolidated net sales, it recorded a 13% decrease in ready-mix concrete volumes and a 6% decrease in cement volumes, impacted by an industrial slowdown and negative currency exchange effects.

The company recorded a fall in earnings before interest, taxation, depreciation and amortisation (EBITDA) of 12% to US$118m, while sales rose 1% to US$364m. Net income fell by 18% to US$73.5m from US$89.6m in the second quarter of 2024.

Russia: Sibcem’s five cement plants produced 2.2Mt of cement in the first half of 2025, down by 9% year-on-year.

Topkinsky Plant’s output dropped by 12% to 0.89Mt, Iskitimcement’s fell by 15% to 0.53Mt, Krasnoyarsk Cement’s fell by 5% to 0.3Mt and TimlyuiCement’s fell by 7% to 0.18Mt. Angarskcement grew production by 3% to 0.33Mt.

First vice president of Sibcem Gennady Rasskazov said “According to our calculations, in January – June of 2025, the volume of cement consumption in Siberia (within its previous borders – taking into account Buryatia and Transbaikalia) amounted to 2.8Mt, which is 10% lower than the level of the first six months of 2024. At the same time, the situation in different regions is different. For example, in Buryatia, demand increased by 8% in the first half of the year, while in Khakassia it decreased by 28%. A significant decline was also recorded in one of the most 'capacious' markets of the Siberian Federal District: cement consumption in the Novosibirsk Region decreased by 15%.”

He added “In the future, negative trends will intensify: so far, we do not see any prerequisites that allow us to talk about an imminent recovery in demand.”

France: Hoffmann Green Cement Technologies has reported a 250% rise in production volumes to 19,640t in the first half of 2025, compared to 7833t in the first half of 2024. The result also exceeded the company’s total 2024 output of 16,269t. The company supplied its products to more than 130 construction sites across France during the period. It said that the result was primarily driven by a ‘strengthened partnership’ network and the successful diversification of targeted markets.

India: Shree Cement recorded sales of US$2.38bn in the 2025 financial year, down by 5.5% year-on-year. Operating expenses increased by 2.9% to US$2.17bn, resulting in earnings before interest, taxation, depreciation and amortisation (EBITDA) of US$528m, down by 12% year-on-year. Net profit dropped by 50% to US$141m.

Shree Cement said that the fourth quarter of the 2025 financial year brought cement sales of 9.84Mt, up by 3.3% year-on-year from 9.53Mt in the fourth quarter of the 2024 financial year. Premium products contributed 16% of sales.

Italy: Buzzi recorded sales of €972m in the first quarter of 2025, up by 9% year-on-year, driven by acquisitions and ‘favourable’ exchange rates. Sales remained level year-on-year in Italy, but dipped by 3.3% in the US. During the quarter, Buzzi sold 6.38Mt of cement and 2.18Mm³ of ready-mix concrete, up by 23% and 4% respectively. The producer noted ‘solid’ shipments in Eastern Europe and signs of recovery in Central Europe.

Buzzi confirmed its 2025 guidance for operating results in line with 2024.

South Korea: Domestic cement shipments dropped by 25% year-on-year in January and February 2025 to 4.45Mt, with March expected to show a similar decline, according to the Korea Cement Association. If this trend continues, the Dong-a Ilbo newspaper reports that annual demand could fall to the 30Mt range, comparable to levels seen in the 1980s. 2024’s shipment volumes reached 44.2Mt, and a drop of more than 10% in 2025 would see this figure drop below the 40Mt threshold, not seen since 1991. The slump has been attributed to persistent structural issues in the construction sector, including a backlog of unsold regional housing.

A Korea Cement Association official said “The role of cement as a core pillar of national industrial growth has faded, leaving only a sense of crisis. This severe demand collapse is likely to persist for the foreseeable future.”

India: Nuvoco Vistas Corporation has reported that a decline in cement and ready-mix concrete sales caused an 85% year-on-year fall in its net consolidated profit for the 2025 financial year (FY2025), which ended on 31 March 2025.

Its net profit attributable to its owners fell from US$17.5m in FY2024 to just US$2.6m in FY2025. Its revenues from operations fell by 3.5% to US$1.23bn, while revenues from cement operations also fell by 3.5%, to US$1.12bn. Nuvoco Vistas sold 1.94Mt of cement during FY2025.

Nuvoco Vistas’s managing director, Jayakumar Krishnaswamy, said "Despite a subdued demand environment in the first half of FY2025, the company witnessed a strong rebound in the second half. The company responded swiftly by capitalising on emerging opportunities to strengthen its market presence.”