Monday, December 23

Moroccan Cement Market Contracts 8% In May

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Cement News
By ICR Newsroom

Cement sales in Morocco fell 7.6 per cent to 1.24Mt in May. The drop has been attributed to the recession in the real estate sector following a slump in social housing and the slowdown on construction sites as a result of the delay in the formation of a new government and adoption of Finance Law 2017.

In the first five months of 2017, cement sales retreated six per cent to 6.05Mt YoY.

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