Cement Network Weekly Report: Northeast Concrete Market Price Stable to Deal with Limited Construction Period (9.9-9.14)

2024-09-14 14:33:42

The price of concrete market in Northeast China is stable to cope with the limited construction period.

China Cement Net Market Data Center News: The price of concrete in Northeast China is stable to cope with the limited construction period (more commercial concrete prices in Northeast China).

The market in Northeast China has only more than one month of regular construction time left. In order to seize the last business opportunity, the price of concrete remains stable. This year, there is more rain in Liaoning, the local demand is stable, and the price of concrete in Shenyang is stable after the previous increase. The overall quotation in Heiji area is still stable. The market focuses on maintaining price stability during the effective construction period and striving for maximum benefits.

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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.