Brazilian Cement Association President Paulo Camillo Penna said recently that the Brazilian Cement Association predicts that the local cement industry will begin to recover in 2018.
According to Valor Econ & # 244, Brazil; According to the mico newspaper, the forecast was released after the association released the latest industry data for Brazil in August 2017. Paulo added that it may take four to five years for Brazil to return to the level of cement demand in 2014, which grew to 71 million tons in 2016. Although sales have fallen less than expected this year, the association expects cement sales to fall by 7% in 2017. The association predicts that domestic cement sales in Brazil will grow by 1% in 2018, and faster recovery growth is expected to occur in 2019.
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