SNIC pins hopes on recovery in second half of 2018

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Brazil: The Brazilian cement association SNIC expects an ‘effective’ recovery in cement sales to come in the second half of 2018. The association forecasts sales to grow by 1 – 2% overall in the year, according to the Valor Econômico newspaper. However, it expects a few months of weak demand before the market starts to change. Cement sales volumes fell by 6.4% year-on-year to 53.8Mt in 2016. The market previously peaked at 71Mt in 2014.

Last modified on 17 January 2018

URL: https://globalcement.com/news/item/6953-snic-pins-hopes-on-recovery-in-second-half-of-2018

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