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.
Siam City Cement plans Hon Chong expansion
Siam City Cement PLC (SCCC) is considering an expansion of its Hon Chong cement plant in Vie...