Estimates from the cement industry association Sindicato Nacional da Industria do Cimento (SNIC) point to a retraction in Brazil's cement demand in 2015, the first market dip in 10 years. Some of the estimates point to a 10-12 decrease. There was a 1 increase in cement demand in 2014, as the sector was boosted by construction activities and abundant credit offers at favourable rates. Cement sales in 2014 grew by 1.4 to 70.9Mt and imports fell by 20.4 to 817,000t. Apparent cement consumption in 2014 grew by 1 to 71.7Mt. The SNIC has said that consumption could fall to around 60Mt in 2016. Installed capacity is 90Mt/yr and 10Mt/yr of new production capacity is expected in 2015.
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