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The impact of COVID-19 on global cement trade

06 July 2020, Published under Cement News

Global cement and clinker trade will be seriously affected by the economic downturn caused by the coronavirus pandemic. There will be a global reduction in cement consumption. Seaborne cement trade and distribution will take an even larger hit. It is still too early to accurately forecast the reduction in seaborne cement and clinker movements. What can be done, however, is to look at the economic mechanisms behind trade and distribution, and use this as a tool for a general forecast. We also...