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