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News Spanish cement export market expected to fall by 20% in 2019

Spanish cement export market expected to fall by 20% in 2019

Written by Global Cement staff 04 December 2018
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Spain: Jesús Ortiz, the president of Oficemen the Spanish cement association, forecasts that exports of cement will drop by 20% year-on-year in 2019. He has blamed the situation on high electricity prices, according to the El Economista newspaper. He predicts that the local industry will have a capacity utilisation rate of 53% in 2019. He added that residential house construction was growing, but that the share of non-residential building had fallen.

Last modified on 05 December 2018
Published in Global Cement News
Tagged under
  • Spain
  • Oficemen
  • Forecast
  • Export
  • Electricity
  • Infrastructure
  • market
  • GCW382

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