• Volumes were slightly stronger in January in the emerging markets that we monitor, but the rate of improvement was slower than in December. • Cement shipments in January 2021 were higher than in January 2020 in 6 of the 11 countries for which data is currently available. There were double-digit percentage increases in five…

Recent construction data for major developed markets

The Q4 / second half reporting season starts on Tuesday 9 February for the nine companies that we publish forecasts for, with Buzzi and Martin Marietta being the first to announce, although Saint-Gobain pre-announced guidance on its better than expected Q4 sales and H2 EBIT on 6 January. We expect four of the nine companies…

• Summary. Q3 profits increased for 11 of the 14 largest global cement companies mainly due to lower costs which boosted margins. Votorantim (+58.5%) and Dangote (+54.3%) reported the largest EBITDA increases on a like-for-like basis, with results converted to US dollars to improve comparability. • Comparison of 14 global cement companies Q3/nine month results.…

Margins at region and country level

Chinese companies again dominate

Main Highlights

Importance of energy costs. Types of fuels used. Data on fuel and electricity costs. Company guidance on 2019 energy costs

Comparative data on 4 major emissions (Carbon, nitrogen, sulphur and dust). Carbon Cap and Trade systems