MagMin2016: European cement sector to face a number of challenges over next year

By Albert Li
Published: Friday, 15 April 2016

Delegates at MagMin heard that declining production and consumption of cement is likely to continue as investment in construction and GDP fails to exhibit anticipated growth. With a number of external factors preventing a rebound in Europe and the cement sector facing environmental pressures, consumption of refractories in the region is likely to remain weak.

Cement production and consumption in Europe has been declining over the last eight years as macroeconomic recovery in the EU continues to be disconnected from the construction cycle, delegates at MagMin 2016 in Dusseldorf, Germany heard this week.

Claude Lorea, deputy chief executive and industrial policy director for CEMBUREAU, the...

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