Analysts at brokerage Daiwa have noted "green shoots of recovery" for China's cement sector. It says growth for infrastructure investment has rebounded for three consecutive months and industry inventory levels are set to fall; "we expect the government's policy loosening to accelerate construction activity, resulting in an uptrend for cement demand and prices starting from 2H12."

US Govt cancels US$500m subsidy for California cement plant
President Trump’s administration has announced the cancellation of a US$500m grant awarded in D...