Cement price hike to hit Modi’s affordable housing?
Indian Prime Minister Narendra Modi’s 'Housing for All’ scheme could be impacted by the steep hike in cement prices, the Confederation of Real Estate Developers’ Association of ...
Cement Prices
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DR Congo: cement price in Boma up 53%
The price of a bag of 50kg of grey cement in Boma, Democratic Republic of Congo, has jumped from CDF7500 (US$5.51) in February to CDF11,500 at the start of April.
Germany: Karsdorfer and Sötenich plants for sale
CRH confirmed with its annual 2016 results, that it will sell a large portion of its German cement assets, as part of a wider EUR400m divestment programme.
USA: Summit cement profits rise 45% on back of higher volumes and prices
In a trading statement for 2016, Summit Materials has announced that profits at its cement business rose by 45.1 per cent YoY, with volumes rising by 37 per cent and prices incr...
Rising cement prices signal economic growth in China
Rising cement prices were providing a clear signal that China's economic growth will remain stable for the year ahead, said Mo Ji, chief economist for Asia ex-Japan at Amundi in...
India: falling demand and rising petcoke prices threaten profits
The Economic Times reports that petcoke prices – which have risen by over 36 per cent since the start of the year – are likely to put a squeeze on cement company profits.
Taiwan Cement plans to increase exports to China
The Taiwan Cement Corporation has said that it expects to ship 1.1Mt of cement to China in the first quarter of 2017, an increase of two per cent on its performance in 1Q16, the...
India: marking time Premium
While the monsoon has been kind to India this summer and is likely to help a recovery in cement demand next year, India’s cement producers are still marking time as they wait fo...
India: 32 manufacturers to sell at INR230/bag
Telangana State Housing Corp has signed a MoU with 32 cement manufacturers this week. As per the MoU, the companies will supply cement at a price of INR230/bag (US$3.35/bag) for...
CRH revenues rise to US$22bn on stronger US construction activity
In a trading update covering the first nine months of 2016, CRH announced that its sales revenues had reached EUR20.4bn (US$21.9bn) with improved performances in its European, A...