The Spanish building crisis and its effect in the gypsum quarry production (1998–2012)

MJ Herrero, JI Escavy, M Bustillo - Resources Policy, 2013 - Elsevier
Gypsum is one of the most important mined mineral commodities of the world. As an
industrial rock, it is primarily used by the construction industry. Therefore, the economics of
the gypsum market can be correlated with parameters that have controlled the origin and
development of the Spanish building bubble between years 1998 and 2006. The burst of
this building bubble has been interpreted as the main triggering factor for Spain's current
crisis. Gypsum quarry production during the golden period of Spain's building industry …

The Spanish building crisis and its effect in the gypsum quarry production (1998–2012)

MJ Herrero Fernández, JI Escavy Fernández… - 2013 - docta.ucm.es
… Therefore, the economics of the gypsum market can be correlated with parameters that
have controlled the origin and development of the Spanish building bubble between years
1998 and 2006. The burst of this building bubble has been interpreted as the main
triggering factor for Spain's current crisis. Gypsum quarry production during the golden
period of Spain's building industry, reached 15.3 Mt, with domestic apparent demand as
high as 11.8 Mt. After this period, domestic demand decreased to 4.3 Mt in year 2010, and …
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