The national water granulated slag price index was officially released!

2024-08-01 15:54:02

Cement Network officially released the National Water Slag Price Index.

The National Grain Slag Price Index is a commodity price index compiled by the Cement Network Cement Big Data Research Institute, which selects index samples from the important blast furnace iron and steel enterprises in line with the national norms throughout the country to reflect the changes in the absolute price level of the national grain slag market.

One、 Name and Code

of the Index Name of the Index: National Water Slag Price Index

Abbreviation of the Index: National Water Slag Price Index

English Name: Granulated Slag Price Index

GSPI

II. Index Base Period and Base Point

The National Water Slag Price Index is a price index reflecting the absolute price level of water slag, not a relative price index, without base period and base point.

Three、 Release method and frequency

The National Water Slag Price Index is compiled by the Cement Network in the Cement Big Data ( data. Ccement. Com ) Data Center and the Cement Index ( index. Ccement. Com/index. HTML ). The page is published uniformly. The index is generated and publicized around 18:00 every Wednesday.

4. Index calculation

The index calculation formula is as follows:

5. Index operation

On July 31, 2024, the national granulated slag price index closed at 15.50 yuan/ton, down 25.78 yuan/ton from the same period last year. The decline was 62.45%, down 0.16 yuan/ton from last week, or 0.99%. After reaching the highest price of 77.78 yuan/ton in recent years in April 2023, the national granulated slag price opened a downward channel, and the price declined all the way until June 2024, when the decline narrowed and tended to be flat. Up to the latest data, it has fallen by 80% from the highest point. Cement Big Data Research Institute

of

China Cement Network (Cement Big Data Research Institute) was established in October 2009. It is a department specializing in high-end market research and consultation under the banner of "China Cement Network (Ccement. Com)". Relying on the resource advantages and industry reputation accumulated by China Cement Network for a long time, the Cement Big Data Research Institute has established and maintained a good knowledge network relationship with many domestic cement industry entrepreneurs, management experts, gove rnment officials and technical specialist. Cement Big Data Research Institute takes root in the development of building materials industry and actively launches forward-looking and high-quality service products with the aim of "serving the cement industry and building the building materials tomorrow together".

Data products : https://data.ccement.com.

Building materials index : https://index.ccement.com/.

Research and consulting services : market research, regional analysis report, market report, customized data/research report. Index compilation. Industries

covered: cement, aggregate, concrete and cement products, construction steel, prefabricated building components, glass, coal and other bulk building materials products

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Correlation

This article is selected from Song Zhiping's book "Reform Heart Road", which describes his motivation and effect of restructuring cement in those years, and has been published by China Cement Network. Recently, there has been a call for restructuring and mergers and acquisitions in the cement industry. Reviewing this old article may have the effect of reviewing the old and learning the new, encouraging the industry to promote a new round of restructuring, and solving the persistent problems of the industry.