11.11 Cement Morning Post: 11.10 Cement Evening News: Tianshan Shares Profit

2024-11-11 07:01:23

What is happening in the cement industry?

1、 11.10 Cement Evening News: Tianshan Cement Co., Ltd.: domestic cement profit bottoming; the third solid waste utilization conference in 2024

The article contains two key parts: First, Tianshan shares, the first three quarters of 2024 revenue and profit situation is not good, industry demand and profit pressure, operating data decline and Q3 sales decline more than average, but 24Q4 domestic market due to September price increases and other factors or flexibility, overseas layout of the African market is optimistic; Second, on November 9, 2024, the third (Yellow River Basin) High-value Technology Conference on Comprehensive Utilization of Solid Waste Resources was held in Qingtongxia, with more than 300 participants and more than 20 experts interpreting relevant contents. Qingtongxia has made remarkable achievements in solid waste utilization.

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Correlation

Near the end of the year, the domestic concrete market demand continued to weaken, the cost support declined compared with the previous period, and the price of concrete in many places declined steadily. From December 19 to December 25, the national concrete price index closed at 111.39 points, down 0.80% annually and 10.97% year-on-year.