11.29 Cement Morning Post: Impact of US Tariff on China's Cement Export; Cement Price Rise May Cause Decrease in Sales of Enterprises; Shandong Seeks Opinions on Cement Industry Development Notice

2024-11-29 07:01:23

What is happening in the cement industry?

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5 . From January to October, the fixed investment in transportation decreased by 4.38% compared with the same period last year, and the demand for cement continued to bear pressure

. On November 27, the data from the Ministry of Transport showed that from January to October, the fixed investment in transportation in China was 306 million yuan, down by 4.38% compared with the same period last year. The total investment in highway and water transportation was RMB231 million, representing a year-on-year decrease of 9. As transportation infrastructure is the key factor driving the demand for cement, the fixed investment in transportation decreased, which to some extent represents the continuous pressure on the demand side of cement.

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. Cement Network Data: Port Coal Price Statistics Table (11.22-11. List the prices corresponding to different types of coal (such as general bituminous coal) and calorific value of ports in Bohai Rim, East China, South China and other regions. And price movement compared to November 21, 2024. Some ports have missing data. It is also mentioned that more data, market analysis and research reports can be found on the cement big data website.

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Correlation

Jinyu Group announced that Handan Jinyu Taihang Commercial Concrete Technology Co., Ltd. (Hereinafter referred to as "Handan Jinyu Commercial Concrete"), a holding subsidiary within the scope of the company's consolidated statements, intends to use the evaluation value of 34.1784 million yuan as a consideration. Acquisition of 90% equity of Hongpeng Commercial Concrete Co., Ltd. in Yongnian District of Handan City (hereinafter referred to as "Hongpeng Commercial Concrete") held by Hebei Fengfan Trading Co., Ltd. (Hereinafter referred to as "Hebei Fengfan") and Hebei Zhuida Construction Labor Subcontracting Co., Ltd. (Hereinafter referred to as "Hebei Zhuida"). After the completion of this transaction, Hongpeng Commercial Concrete became a subsidiary within the scope of the company's consolidated statements.