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Hungarian cement industry seen stagnating till 2012

Hungary's cement industry is expected to start growing again only from 2012, Hungarian Cement Association head János Szarkandi said.

When growth does return, it will be a slight 2-4%, Szarkandi said.

Domestic cement consumption fell from more than 4 million tons in 2008 to 2.5-2.6 million tons in 2010, he said. (MTI – Econews)