Oficemen forecasts Spanish cement demand to fall by 3% in 2014

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Spain: The Spanish cement makers association Oficemen expects cement demand in Spain to fall by 3% year-on-year to 10.4Mt in 2014.

Despite the slight recovery of the Spanish economy expected by analysts, the year is expected to be difficult for the local cement makers, the chairman of Oficemen, Isidoro Miranda, has said. Cement demand is expected to start increasing in 2015 if the Development Ministry decides to boost investments public works, he added. In June 2014, cement demand in Spain fell by 2% year-on-year to 967,790t.

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URL: https://globalcement.com/news/item/2690-oficemen-forecasts-spanish-cement-demand-to-fall-by-3-in-2014

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