Weekly Report of Cement Net: Affected by Rainfall in Northeast China, Concrete Market Demand Is Low (8.19-8.23)

2024-08-23 16:02:01

Affected by rainfall in Northeast China, the demand for concrete market is low.

China Cement Net Market Data Center News: Affected by rainfall in Northeast China, the demand for concrete market is low (more prices of commercial concrete in Northeast China)

. Previously, the rainy weather in Jilin and Liaoning was frequent, and the demand for concrete market dropped significantly. Although the local rain weather has decreased recently, the recovery process of downstream engineering construction is still slow, the orders of mixing stations are insufficient, and the shipment situation is not ideal. Due to the waterlogging caused by continuous rainfall in Liaoning, the downstream projects in some areas have almost stagnated. Within a week, the leading cement enterprises in Heilongjiang and Jilin provinces notified an increase in cement prices by 70-100 yuan/ton. If this raw material push is put in place, the price of concrete will be raised again, and the specific situation still needs to be further followed up.

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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.