Weekly Report of Cement Net: The demand performance in North China is still weak, and there is no significant change in concrete price (4.01-4.07)

2024-04-07 16:05:43

Demand performance is still weak, concrete prices have not changed significantly..

China Cement Market Data Center News: Demand performance is still weak, concrete prices have not changed significantly.. (more North China commercial mixed prices )

Beijing-Tianjin-Hebei region market changes little this week, prices are mainly stable. The recovery of market demand in Beijing is relatively fast, the shipment volume of large mixing stations has increased significantly, and the repayment situation is general. Recently, the shipments of concrete enterprises in Hebei have increased slightly, but the increment is not obvious, mainly due to the slow progress of many projects. Demand in Shanxi and Inner Mongolia is insufficient, enterprises are under great pressure, and concrete prices are expected to decline.

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Adani is also a big man in the Indian cement industry and is the second largest cement producer in India. He entered the industry in 2022 with the acquisition of Holcim's cement business in India, which acquired about 70 million tons of cement per year for $10.5 billion. Adani plans to expand its annual cement production capacity to 140 million tons by 2028. Adani has previously invested $1.6 billion to acquire Sanchi Cement and Penna Cement, and is expected to acquire an additional 21 million tons of production capacity.