Demand falls 19.8% to 1.7 mm tons, the latest in 46 months of continuous declines.
Cement consumption in September continued to tumble in September, as volume dropped to 1.7 mm tons, 19.8% lower than the previous year's total. According to Oficemen, that is now 46 months of continuous fall in consumption and it does not expect a turnaround. The decline in cement consumption is worse in the last six months after beginning a slow recovery in early 2011.On the other hand, the production of clinker, has declined by 28.6% in September while cement production fell by 20.3%, to 1.8 million tons.In the last twelve months Spain has seen a decline in production of cement by 12.8% to 23.6 million tons. Cement consumption has fallen 14.5% from October 2010 to September 2011 and 21.9 million tons puts us in the 1973 consumption levels. In terms of foreign trade, exports have remained at 3.8 million tonnes, while imports decreased by 38.5%.
Cement consumption in September continued to tumble in September, as volume dropped to 1.7 mm tons, 19.8% lower than the previous year's total. According to Oficemen, that is now 46 months of continuous fall in consumption and it does not expect a turnaround. The decline in cement consumption is worse in the last six months after beginning a slow recovery in early 2011.On the other hand, the production of clinker, has declined by 28.6% in September while cement production fell by 20.3%, to 1.8 million tons.In the last twelve months Spain has seen a decline in production of cement by 12.8% to 23.6 million tons. Cement consumption has fallen 14.5% from October 2010 to September 2011 and 21.9 million tons puts us in the 1973 consumption levels. In terms of foreign trade, exports have remained at 3.8 million tonnes, while imports decreased by 38.5%.
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