IMPACTS OF ECONOMIC CRISIS ON CEMENT CONSUMPTION — INTERNATIONAL REVIEW
MARKETS
[:ru]Паяккала П.[:en]Pajakkala P.[:] [:ru]профессор, старший консультант компании Forecon Ltd, Финляндия[:en]Prof., Senior Advisor, Forecon Ltd, Finland[:]
Alitinform №4-5 (40) 2015 г. 94-100 стр.
Abstract
This article handles effects of economic crisis on cement construction in Russia. Reference areas are the USA, Europe and Germany. The article handles short term (3…5 years) changes, both after the financial crisis after 2008 and outlook for next 3…5 years. Changes in GDP and construction are very important for cement consumption. Changes in cement use are normally much bigger than those in GDP and some bigger than Construction. When making cement consumption forecasts, one has to understand the role of construction in the economy and future development of main construction sectors. The new building sector is the biggest end use sector of cement, but civil engineering is also very important. Text and figures have been updated and correspond the situation in September 2015.
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