1. Chinese architecture explodes! Winning the bid exceeds 4 trillion!
On December 18, China Construction released a business briefing from January to November 2024. From January to November, the total amount of newly signed contracts reached 4.01 trillion yuan, an increase of 4.6% over the same period last year. This data reflects the explosion of China Construction's business. The total amount of newly signed contracts exceeded 4 trillion yuan is the key information, indicating that enterprises have achieved remarkable results in business expansion. The large number of new contracts reflects the strong development momentum of China Construction and its extensive business development ability in the construction field.
On December 31, the Department of Industry and Information Technology of Anhui Province announced that the 2000t/d cement clinker line of Huaibei Xiangshan Cement Company would be withdrawn from production due to the construction of Huaibei-Suzhou-Bengbu Intercity Railway. Its production capacity will be adjusted to the 4500t/d and 5000t/d cement clinker production lines of Huaibei Zhongcheng Cement, a wholly-owned subsidiary, with a replacement ratio of 1:1.
in the first quarter. Sichuan Cement Association notified that each clinker production line would be stopped for 60 days in the first quarter of 2025 (17 days in January, 28 days in February and 15 days in March). Jiangxi Cement Association requires 48 rotary kiln production lines in the province to stop kilns for no less than 50 days (no less than 40 days in January-February) in the first quarter of 2025. The two provinces issued a notice of cement peak staggering. According to the requirements, each production line will stop production for at least 50 days in the first quarter, which will have a certain impact on the production and supply of local cement. It also reflects the comprehensive consideration of the cement industry's capacity regulation and environment.
. In December, the atmosphere of the domestic concrete market in the off-season is strong, and the price is weakening. The drop in temperature has led to an increase in the shutdown of construction projects, weak demand for rush work in the south, and low shipments. In terms of cost, the focus of cement price transaction has fallen and the pressure has been reduced. Prices in all regions are weakening, with 12 of the 29 provincial capitals falling. The price of raw material cement and sand aggregate declined. In January, the Spring Festival is approaching, the downstream construction is shut down, the purchasing demand is low, the shipment volume of enterprises is lower, the price of raw material enterprises is high, but the inventory may cause the price to decline. It is expected that the price of concrete market will be stable, with a slight decline in some areas.
5. Nanjing, Suzhou, Xuzhou.. List
of Concrete Prices in Popular Cities in Jiangsu Province shows the market price of C30 concrete in popular cities in Jiangsu Province on December 31, 2024. The prices of Suqian, Taizhou, Zhenjiang and other places are listed. For example, the highest price is 375 yuan/m3 in Jurong City, Zhenjiang City, and the lowest price is 325 yuan/m3 in Tianning District, Changzhou City. The price range of C30 concrete in Jiangsu Province is 325-375 yuan/m3, and there are regional differences. More concrete price information can be inquired about the national concrete price.
. At 8:58 on January 2, Huaxin held a celebration of its 118th anniversary in Wuhan Business Center. Li Yeqing, secretary of the Party Committee and president of the company, delivered a speech, recalling that in 2024, the company withstood the pressure to achieve revenue growth and leading performance. In the new year, the company will accelerate the pace of internationalization to build a leading multinational building materials group in the world, and call on all parties to create value and move towards a better future with the New Year's message of "crossing mountains and seas, a wonderful life; building a global dream, you and I go together". Liu Fengshan, Deputy Secretary of the Party Committee, presided over the event and appealed to employees to respond to the call. Finally, Li Yeqing put in the 118th Koi, and the event ended with fireworks and applause.
7. Cement net data: In December 2024, the key content of the monthly average market price
of the main products of building materials in China was the price change of the main products of building materials in that month, of which the rebar decreased by 2.85% on a month-on-month basis and 14.11% on a year-on-year basis; Thermal coal decreased by 5.96% on a month-on-month basis and 15.80% on a year-on-year basis; cement decreased by 0.76% on a month-on-month basis and increased by 16.59% on a year-on-year basis. The price changes of other building materials are shown in the table below. More data, market analysis and research reports can be found on the cement big data website.
