Soaring coal prices, which account for 20%-plus of cement’s production cost, are believed to be the major driver for the cement markup. On June 30, prices of Shanxi Datong bituminous coal (5,800 Kcal/kg) reached around CNY 560 a ton, soaring about CNY 140 a ton from May-end.
Armed groups force closure of Libyan cement plants
Several state-owned cement plants in Libya have reportedly been forced to close, along with t he...