August’s 7.0% decline in US cement shipments was probably caused by a combination of the extremely hot weather and the impact of COVID preventative measures.
Shipments in the first eight months of 2020 were 0.7% higher than in the same period last year. For the full-year the Portland Cement Association currently has three scenarios related to COVID but the weighted average is -1.5%.
August’s shipments increased by a double-digit percentage in Arizona (+26%) and there was a substantial high single-digit percentage increase in Tennessee (+9%). Conversely there were double-digit percentage declines in August 2020 in Northern California (-18%) and Wisconsin (-17%).
In the first eight months of 2020, cement shipments were strongest in Chicago (+21%), Utah (+17%), Arizona (+15%) and Tennessee (+15%). During this period they were weakest in Washington state (-11%) and South Carolina (-9%).