Where is China exporting its cement output? With a projected increase in production of 10% per annum, where is the demand coming from? RUSSIA: Soaking in Supply & Meeting Demand - a significant boom in import cargo from China & Turkey.
This is the one of the key issues to be discussed at the 3rd Mideast/Africa Cementrade on 14 - 15 Oct 2008 in Dubai. This conference will give an update on major developments & challenges facing the cement & concrete industry. Click here to learn more on the conference.
China’s Cement Industry Forecast For 2008 - 2010
China’s cement output is forecast to grow 10% per annum between 2008 and 2010. Due to the regulatory guidance of “eliminating old capacity before establishing capacity”, growth of new cement production capacity may somehow slow down in the next few years, and it may even result in supply shortage in some regional markets at some stage. Overall cement prices are expected to climb steadily upwards, due to factors such as supply-demand structure, higher costs of coal and electricity input. Organic growth of the cement industry should be able to deliver satisfactory operating results in the coming years.
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