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Global cement volume growth is expected to slow down following China's significant decline, bringing down the average growth rate over 2015-2020 to 0.7 percent.
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March prices of high-sulfur imported petcoke increased by more than 5 percent MoM for both CFR East and West coasts of India, according to CW Research's March update of India Petcoke CFR price assessment.
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Global API, API-equivalent and nonconforming oil well cement demand is down by more than 30 percent from the peak nine million ton volume reached in 2013 to low five million tons, including extenders.