PCA’s Sullivan: Oil price variables hamper firm cement consumption outlook
- Published: Monday, 07 March 2016 13:45
- Written by Concrete News
At a World of Concrete 2016 briefing, Portland Cement Association Chief Economist Ed Sullivan offered critical energy and housing market footnotes to his latest U.S. cement consumption forecast. Released in November, it projects year-over-year gains of 5 percent, at best, in 2016, and 5.7 percent for 2017. At those levels, U.S. portland and masonry cement shipments will climb from 92 million metric tons (mt) in 2015 to 96.4 million mt and 102 million mt this year and next.