Weekly Statistical Report on Winning Bids of National Major Construction Projects Last Week (1.23-1.29)

2023-01-30 17:22:27

Weekly Statistical Report on Winning Bids of National Major Construction Projects Last Week (1.23-1.29)

According to the incomplete statistics of Cement Big Data Research Institute of China Cement Network, the number of winning bids for major construction projects in China last week (1.23-1.29) totaled 93, 423 fewer than previous period, and the total amount of winning bids was 37.0169 billion yuan.

Data source: Cement Big Data (https://data.ccement.com/)

According to the ranking of the amount of winning projects, the consortium of four companies including Hubei Communications Investment Group Co., Ltd. ranked first with 6.500 billion yuan. China Railway Fourth Bureau Group Co., Ltd. ranked second with 2.671 billion yuan, and China Railway 24th Bureau Group Co., Ltd. ranked third with 2.484 billion yuan.

Data source: cement big data (https://data.ccement.com/)






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Correlation

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More vigilance is that capacity replenishment is essentially a reinvestment behavior, for cement enterprises, as soon as possible to recover investment costs is the core demand, which means that the probability of enterprises will significantly increase capacity utilization next year. For enterprises with no overproduction space and no capacity to supplement, they can only produce in strict accordance with the approved capacity. It is difficult to reconcile the uneven and "unfair" contradictions at the operational level, which will further aggravate the instability of the cement market next year. It can be predicted that after this round of supplementary production, a new round of market competition in the cement industry will begin.