The national budget of Bangladesh for fiscal year 2025-2026 has made significant adjustments to the tariff and tax structure of key raw materials for steel bar and cement production. This adjustment has raised concerns in the industry that it will increase the price of steel and cement, thus increasing the overall construction cost. This adjustment may affect the cost of raw materials, and then transmit to the price of related materials in the construction industry, resulting in greater cost pressure on the construction industry.
year 2025-2026 has made significant changes to the tariff and tax structure of some key raw materials used in the production of steel bars and cement. The move has raised concerns among industry stakeholders that it could lead to higher prices for both materials, which in turn could raise overall construction costs.
From January to May 2025, the sales volume of cement in Indonesia decreased by 1.6% compared with the same period last year, and there were rises and falls in different regions. The output decreased by 8.7% year on year, and the mixed cement accounted for 63% of the total output. Clinker output decreased by 1.8% year on year. On the export side, the export volume of cement decreased by 17.6% and the export volume of clinker increased by 18.1% year on year, and the main export destinations of cement and clinker were listed. Bagged sales accounted for 72% of total sales in January-May.
2025-06-25 10:49:41
Saudi cement prices climbed to their highest level in nearly 12 years in April. The price of 50 kilograms of cement bags rose by about 1% year-on-year to 14.5 Saudi riyals (about $3.8). Domestic demand is the main reason for the price increase, which surged by about 43% in the month and increased by nearly 13% since the beginning of 2025. In addition, the increase in consumer prices due to rising production costs and the end of the price war among cement manufacturers are also factors, while the prices of other building materials have also risen.
2025-06-16 13:16:42
US company Ozinga breaks ground on a low-carbon cement manufacturing plant in East Chicago, Indiana. The plant is equipped with one of the largest vertical roller mills in North America, with an annual capacity of 1 million tons, and will become the largest plant in North America after completion. It is well located to serve American and Canadian customers. This is an important milestone for Ozinga to achieve the goal of net zero concrete in 2030, which will reduce import dependence, reduce carbon content, support the environment and economy, and offset more than 700000 tons of carbon dioxide emissions annually.
2025-06-13 11:17:01
The national budget of Bangladesh for fiscal year 2025-2026 has made significant adjustments to the tariff and tax structure of key raw materials for steel bar and cement production. This adjustment has raised concerns in the industry that it will increase the price of steel and cement, thus increasing the overall construction cost. This adjustment may affect the cost of raw materials, and then transmit to the price of related materials in the construction industry, resulting in greater cost pressure on the construction industry.
2025-06-04 10:36:12
The American Cement Association's Spring Market Intelligence Report predicts that cement consumption in the United States will decline by 1.6% in 2025, which is not caused by the economic recession caused by trade disputes. "Uncertainty" is the top issue in the construction industry, although improved trade negotiations will ease market pressures, but high interest rates still affect forecasts. The US economy is expected to avoid recession in 2025 and grow strongly in 2026-2027. Residential, commercial and infrastructure construction have their own challenges. In 2025, cement consumption in the United States lacks growth momentum, and the industry is facing many complex impacts.
2025-05-20 09:55:56
The price of cement in Nigeria reached a new high in April 2025, with 50 kg of cement reaching 9700 naira/bag. Leading companies include Dangote Cement, whose prices affect construction costs across the country. The government has repeatedly called for a price cut, such as Works Minister David Umehi's request for a reduction to 7,000 naira, but producers have not responded. Industry giant sales growth but net profit affected by foreign exchange losses. The rise in cement prices is related to many factors, and the government believes that the exchange rate and fuel price factors have created conditions for price reduction.
2025-04-16 10:01:20
On March 28, 2025, the 7.9 magnitude earthquake in Mandalay, Myanmar, damaged five of the nine cement plants. As a result, the price of cement has risen from 20,000 kyats per bag to 37,000 to 40,000 kyats, the supply is short or even out of stock, and the production capacity has dropped sharply. Myanmar's Ministry of Industry supports the repair of cement plants, allowing the import of cement, and recently ships carrying cement arrived in Yangon. Myanmar's annual cement demand exceeds 10 million tons, while the domestic demand can only meet 8 million tons. The government and the industry are actively seeking solutions to restore and develop the cement industry.
2025-04-15 09:12:30
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