Cement Weekly: Cement industry in Beijing-Tianjin-Tangshan area of North China is facing double pressures of raw material contraction and off-season demand (7.1-7.5)

2024-07-05 16:18:06

According to the market data of China Cement Network, the cement industry in Beijing-Tianjin-Tangshan region is facing double pressures of raw material contraction and off-season demand.

According to the market data of China Cement Net, the cement industry in Beijing-Tianjin-Tangshan region is facing the dual pressure of raw material contraction and off-season demand. The leading enterprise notified that the cement price was increased by 50 yuan/ton from 1 to 2 days. At present, the implementation is not good. Hohhot, Inner Mongolia, began to push up further; The effect of pushing up in Shanxi is not good, and it has gradually begun to fall back.

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On November 21, the Western Construction (002302) issued a prospectus for issuing stocks to specific targets in 2021. The company plans to introduce Conch Cement as a strategic investor through this issue, and Conch Cement will subscribe for 183 million shares, accounting for 12.48% of the total equity after the issue, becoming the second largest shareholder. The purpose of this issue is to optimize the capital structure, supplement liquidity and repay bank loans, which is expected to bring the company an annual increase of 8.85 billion yuan in operating income and a total profit of 708 million yuan, up 38.71% and 78.23% respectively from 2023.