Weekly Report of Cement Network: Weak Concrete Market in Northeast China (3.31-4.3)

2025-04-03 16:32:13

Weak Concrete Market in Northeast China

China Cement Net Market Data Center News: The Northeast concrete market is weak (more Northeast commercial concrete prices)

. Recently, the concrete market in Northeast China has maintained a weak and stable situation. Although the price of cement in Liaozhong area has been significantly reduced, the market demand is weak due to the seasonal construction off-season, and the price adjustment space is limited.

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Weak Concrete Market in Northeast China

2025-04-03 16:32:13

In accordance with the relevant provisions of the Detailed Rules for the Implementation of the Pre-reorganisation of the Intermediate People's Court of Changchun City, Jilin Province (for Trial Implementation), during the period of pre-reorganisation, the Company and some of its subsidiaries subject to pre-reorganisation shall not pay off their debts except for the necessary expenses for the continued operation of the enterprise and the maintenance of its operating value. As at the date of this announcement, the principal and interest of overdue debts of the Company and its subsidiaries amounted to RMB6.959 billion, representing 1,124.30% of the latest audited net assets attributable to the parent company of the Company.