Argentina: Data from the Asociacion de Fabricantes de Cemento Portland, the Argentine cement association, show that cement despatches rose sharply by 15.5% year-on-year to 1.03Mt in March 2017 from 0.89Mt in March 2016. Cement producers have described the result as the ‘best’ March in history, according to the Clarín newspaper. Despatches for the first quarter of the year rose by 5.8% to 2.71Mt from 2.56Mt. Consumption figures were similar. Cement producers have attributed the increase to higher demand for bulk cement caused mainly by government infrastructure spending. It is hoped that newly announced initiatives to boost house building will also boost the bagged cement market.
Argentine cement despatches bounce up in March 2017
Written by Global Cement staff
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