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Cement sales down so far this year

Update: August, 22/2012 - 11:16

HA NOI — Total domestic consumption of cement during the first seven months of this year was 27.6 million tonnes, down by 3 per cent against the same time last year and 50 per cent of the yearly target, according to the Ministry of Construction.

In July alone, only 4.14 million tonnes of cement were sold, 300,000 tonnes lower than the previous month. The downturn has been blamed on gloomy real-estate market.

To better deal with cement stockpiles, cement producers have pushed exports. A total of 4.5 million tonnes of clinker and cement were shipped abroad during the period. — VNS

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