Since the 26th, enterprises in Northeast Jiangxi, Nanchang, Yichun, Ji'an and other places have again notified an increase in cement prices by 20 yuan/ton..

2024-08-26

During the reporting period, real estate investment continued to decline and infrastructure investment slowed down, which directly affected the demand for cement, and this trend became more obvious after the Spring Festival, resulting in a continuous decline in the demand for cement. During the reporting period, the company's cement sales decreased by 577900 tons, and the average price of cement decreased by 45.03 yuan, or 17.26%. During the reporting period, the company suspended the production of high-cost Strait Cement and reduced the marketing scale of Jinyinhu Cement, which had a positive impact on the year-on-year loss reduction.

2024-08-26

On 16 August, China Resources Building Material Technology Holdings Limited (stock code: 1313.HK) announced its interim results for 2024. In the first half of 2024, the consolidated turnover of the Company decreased by 13.9% year-on-year to RMB10.31 billion, the profit attributable to owners of the Company decreased by 70.2% year-on-year to RMB170 million, and the basic earnings per share was RMB0.024. As of June 30, 2024, the total assets of the company were 72.61 billion yuan, the net asset value per share was 6.33 yuan, and the interim dividend rate exceeded 70%.

2024-08-26

Domestic high temperature rain weather has not yet subsided, downstream construction activity is still low, the concrete market is relatively flat, and the market price is stable. From August 15 to August 21, the national concrete price index closed at 114.16 points, down 0.28% annually and 11.40% year-on-year.

2024-08-23

Since the 23rd, some major enterprises in Lanbai area have notified an increase in cement prices by 20 yuan/ton.

2024-08-23

Recently, major enterprises in Jiuquan and Jiayuguan have lowered the price of cement by about 20-30 yuan/ton.

2024-08-23

From August 12, 2024 to August 18, 2024, the highest opening rate of cement kilns in all provinces in China was 72.45% in Shandong Province. Kiln opening rates of 50% and above were 70.86% in Hubei, 65.97% in Anhui, 64.10% in Zhejiang, 63.14% in Shanxi, 61.47% in Jiangsu, 54.48% in Hebei and 50.00% in Tianjin.

2024-08-23

China Cement Net Market Data Center News: The Commercial Mixed Market in Northwest China Is Steady and Small

2024-08-23

Affected by the environment in East China, demand has not improved, and prices in some areas have fallen this week.

2024-08-23

Affected by rainfall in Northeast China, the demand for concrete market is low.

2024-08-23

A few days ago, the Ministry of Industry and Information Technology issued the Notice on the Suspension of Steel Capacity Replacement Work, requiring that from August 23, 2024, the whole country suspend the announcement and announcement of new steel capacity replacement schemes, and violators will be regarded as new illegal steel capacity and notified.

2024-08-23

The price of raw materials in many places has fallen, and the price of concrete in southwest China is running weakly.

2024-08-23

Affected by the price of raw materials, the price of concrete in the central and southern markets is mixed..

2024-08-23

The concrete market in North China is facing the bottleneck of demand and shipment growth.

2024-08-23

The issuance of the Notice means that the capacity replacement in the iron and steel industry, which has been implemented for many years, has temporarily withdrawn from the historical stage, which has further triggered discussions in the industry on whether the implementation of capacity replacement in the cement industry should be suspended. Similar to the iron and steel industry, there are some problems that can not be ignored in the implementation of the cement industry capacity replacement method, so that in recent years, people in the industry have been calling for the suspension or modification of the cement industry capacity replacement method.

2024-08-23

In the short term, rigid peak staggering is the only way out for the cement industry. We must accurately stagger the peak and stop at the same time. If it is difficult to start at the same time, we should stop at the same time first. In the long run, further improving the concentration is an effective way to reduce production capacity in the cement industry.

2024-08-23

On the 22nd, major cement enterprises in Heilongjiang and Jilin provinces again notified an increase in cement prices by 50-100 yuan/ton.

2024-08-22

Conch Cement elected Zhu Shengli as the vice chairman of the ninth board of directors, and elected Zhu Shengli and Yu Shui as executive directors.

2024-08-22

According to the interim results of China Resources Building Materials Technology in 2024, as of June 30, 2024, China Resources Building Materials Technology employed 17,165 full-time employees, 359 of whom worked in Hong Kong. The remaining 16,806 are working in the Mainland (17,939, 343 and 17,596 respectively as at 31 December 2023).

2024-08-22

On the evening of August 21, Conch Cement issued a board resolution announcement to elect Mr. Zhu Shengli as the vice chairman of the ninth board of directors of the company. At the same time, another announcement of Conch Cement shows that Mr. Zhu Shengli and Mr. Yu Shui were elected and appointed as executive directors of the ninth board of directors respectively, and their terms of office shall take effect from the date of approval by the shareholders at the extraordinary general meeting to the date of expiration of the term of the ninth board of directors.

2024-08-22