Download Category: Industry Analysis
November’s Exchange Rate Movements Negative, Particularly For Cemex
Changes in exchange rates in November 2021
Growth in Emerging Markets Cement Shipments Slows Further in October
• Cement shipments in October 2021 were higher than in October 2020 in 6 of the 11 countries for which data is currently available, but fell in the other five countries. • Sequentially, comparing the percentage changes in October with those in September, the percentage was lower in October in 7 of the 11 countries.…
Global Cement: Margins Weaken in Q3 as Price Rises Lag Cost Increases.
Comparison of the global cement companies Q3/nine-month results
US: Insufficient Price Increases in Q3. CRH’s Results on Nov 23 Could Slightly Disappoint.
Latest quarter comparative results analysis of US/North America Based Businesses
New US Infrastructure Bill Approved
Around 6% Boost to Cement/Aggregate Demand, but Probably not Fully Until 2025
Texas Cement Shipments: +20.0% in September, +5.3% Year-to-Date
Latest cement shipments data for Texas, the largest cement market in the US
Q3 Preview: Weaker Margins. How Much Further Will They Fall?
Cemex has formally reduced its guidance from an H2 EBITDA of around $1.6bn to about $1.5bn and highlighted the uncertainty about Q4. Our trading update discussions with other companies have caused us to cut our full-year estimates more broadly. Higher costs, particularly for energy are exceeding price increases. We expect the resulting downward pressure on…