[Video] Lao Ma said that the third phase of cement, the downturn of the cement industry, is it a good opportunity for mergers and acquisitions?

2024-07-23 12:00:00

Recently, China Cement Network communicated with Dr. Ma Weiping, former chairman and president of Yaobai Cement Group. Ma Weiping said that now is an opportunity for mergers and acquisitions, but the opportunity may not yet come.

Market downturn is conducive to mergers and reorganizations, is it a good opportunity for the cement industry to carry out mergers and reorganizations? How to grasp the timing of industry mergers and acquisitions?

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Recently, due to the persistent cost pressure in the south, the price of concrete has risen slightly with the raw materials, but the growth of market demand is limited, and the overall quotation is still stable. From October 31 to November 6, the national concrete price index closed at 112.47 points, up 0.31% annually and down 10.11% year-on-year.