On November 27, data from the Ministry of Transport showed that from January to October, China completed 306 million yuan of fixed assets investment in transportation, down about 4.38% from the same period last year, of which 2137.2 billion yuan and 176.5 billion yuan were invested in highways and waterways respectively, totaling 231 million yuan, down 9.9% from the same period last year.
Transportation infrastructure is one of the key factors driving the demand for cement, and the decline in fixed investment in transportation, to a certain extent, means that the current demand side of cement continues to bear pressure .
