China cement growth slows in November

China cement growth slows in November
Published: 04 January 2012

China’s cement output growth in November 2011 stood at 11.2 per cent YoY, 6.1 percentage points lower than previous year.

Nevertheless, China’s cement output reached 1.89trnt in the first 11 months of last year, an increase 17.2 per cent YoY, 1.6 percentage points faster than previous year.

Profits of China’s building materials industry surged 53.1 per cent YoY to CNY243.7bn (US$38.68bn) in the first 11 months of 2011.