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.
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Global FOB prices for gray cement are estimated to have declined to March 2016 by 0.3% as compared to December 2015, according to preliminary figures presented in the CW Research's 1Q2016 update to its benchmark price assessment for worldwide trade of gray cement, white cement, clinker, and slag, as well as ex-works and effective market prices: Global Cement Trade Price Report (GCTPR).
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Greenwich (Conn.), USA, October 26, 2016 ÔÇô In 2016, worldwide demand for lime, constituting largely of quicklime, but also of slaked and hydraulic lime, slid by 10 million from the 2014 peak to 350 million tons. However, supported by an anticipated recovery of the steel industry ÔÇô which consumes almost 50 percent of the lime used at the global level ÔÇô worldwide demand for lime is projected to show modest recovery by 2021, according to CW Research's study on ÔÇ£Global Quicklime, Slaked Lime, and Hydraulic Lime Market Report.ÔÇØ