Friday, July 22, 2011

SPAIN: Cement consumption in Catalonia drops

Cement consumption in Catalonia dropped by 16.5% in the first half of the year, the Finanzas reported.
The decline was attributed to the falling activity in the construction sector in the recent months.

Industry group Ciment Català this was compounded by the protracted crisis in residential construction.

There is now cloud of uncertainty in the industry as there is still no time table for the expected recovery.

The association said the situation is more delicate than expected. Based on the semi-annual data, Catalonia’s cement consumption dropped more than in the whole of Spain.

Spain as a whole recorded a 10.2% decrease in cement use compared to the first half of 2010.


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