Eastern China prices beat expectations
Cement prices in eastern China have increased during July, beating analysts expectations for some parts of the region.
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India Cements reports fifth consecutive quarterly drop in net profit
India Cement has reported its fifth consecutive quarterly drop due to forex losses and a lower pricing environment. Net profit for the first quarter of the current fiscal declin...
Credit Suisse lifts target price for TCC International
Credit Suisse lifted its target price for Taiwan Cement Co (TCC) International to HK$1.8 from HK$1.7 and upgraded the stock to "neutral" from "underperform". The research house ...
Colombia’s cement price rose 8% in 1H13
In 1H213, cement prices in Colombia rose eight per cent, well above the country’s inflation rate of 1.73 per cent in the period, according to a report in El Tiempo. The price al...
China Resources Cement 1H13 profit rises
China Resources Cement (CRC) said yesterday that its net profit attributable to shareholders of the company increased 80.35 per cent YoY to HK$1.15bn (US$148.29m) in the first h...
Zambia prices reach record level
Cement prices in Zambia's capital, Lusaka, have increased for the third time in a month to reach record levels.
Acquisitions, improved markets drive Eagle's 1Q
In the first quarter of its financial year to 31 March 2013, Eagle Materials' turnover, including its share of the Texas Lehigh cement joint venture, rose by 43.7 per cent to US...
GICA price rise causes concern, Algeria
The recent decision of Algeria’s state-owned GICA to raise cement prices by 20 per cent from ALD320 to ALD380 (US$4-4.70) has caused concern among business leaders. It is feared...
Fitch revises West China Cement outlook
Fitch Ratings has revised West China Cement Limited's (WCC) Outlook to Negative from Stable reflecting continued weak average selling prices (ASP) in the cement producer's core ...
HeidelbergCement raises 2Q13 operating profit
HeidelbergCement, the world’s third-largest cement producer, reported a second-quarter operating profit as it managed to increase prices in its main markets. A rise in demand in...