Cement Weekly: Raw Material Prices in Northeast Market Are fatigue, Concrete Prices Are Stable (9.2-9.6)

2024-09-06 16:23:41

The price of raw materials in the northeast market is fatigue, and the price of concrete is stable.

China Cement Net Market Data Center News: Northeast market raw material prices are fatigue, concrete prices are stable (more mixed prices in Northeast China),

the recent rise in raw material prices in Northeast China is not strong. The construction progress of the site is maintained at a general level, and the market demand has not increased significantly. In such a market environment, the price of concrete is generally stable, and there is no significant fluctuation.

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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.