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."
Cementos Argos to appeal Cartagena environmental ruling
Cementos Argos will appeal a Colombian court ruling ordering it and 11 other entities to compe...