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News Truck drivers strike hits Brazilian cement sales in first half of 2018

Truck drivers strike hits Brazilian cement sales in first half of 2018

Written by Global Cement staff 13 July 2018
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Brazil: Paulo Camillo Penna, the president of the National Union of Cement Industry (SNIC), has blamed a fall in national cement sales on a truck drivers strike. Despite forecasting growth a strike in May 2018 caused sales to halt for 10 days. Cement sales fell by 1.5% year-on-year to 25.4Mt in the first half of 2018 from 25.8Mt in the same period of 2017.

SNIC originally expected the local cement industry to grow its sales by 1 – 2% in 2018. However, the poor first half of the year and a slowdown in the country’s economic growth has led SNIC to revise its forecast downwards.

Last modified on 18 July 2018
Published in Global Cement News
Tagged under
  • Brazil
  • SNIC
  • data
  • Sales
  • GCW362

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