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Market challenges halt BUA Cement's pricing strategy 28 March 2024 intercepted the discounts. BUA emphasized that while 90 percent of raw materials are locally sourced, rising production costs, including exchange rate fluctuations and electricity expenses, made sustaining the reduced price unfeasible. In response to a... Type: Article Category: Volume & Pricing Steel sector struggles amid economic turbulence 27 March 2024 due to currency devaluation and other factors. The sector's woes extend further with hikes in lending rates and production costs, leading to a ripple effect on steel prices, which have surged drastically over the past year. However, these challenges are... Type: Article Category: Other Sonoco raises prices for URB in Europe 27 March 2024 a GBP 50 increase for the UK market, effective for deliveries after April 15, 2024, citing the need to offset higher input costs amidst general inflation and economic challenges. Nikolaj Thybo, VP Sales and Marketing Paper Europe at Sonoco, emphasizes... Type: Article Category: Europe & Central Asia Cement giants thrive amidst economic challenges 27 March 2024 performance of cement companies listed on the Nigerian Exchange (NGX) Limited, despite facing daunting operational costs in a challenging economic climate. Despite encountering various hurdles such as a cash crunch, general elections, heavy rainfall... Type: Article Category: Financial Port of Baltimore's vital trade disrupted 27 March 2024 which carries about 4,900 trucks per day hauling goods worth an annual average of USD 28 billion, will result in direct costs to shippers and consumers as goods are rerouted. This incident underscores the challenges faced by the Port of Baltimore and... Type: Article Category: Shipping & logistics The future of construction relies on bio-based building materials 26 March 2024 may raise concerns in the building sector regarding cost and performance, the long-term benefits—including lower operating costs and improved environmental sustainability—underscore the need for broader adoption. This research not only provides valuable... Type: Article Category: Other Locally sourced building materials 26 March 2024 Advancements in local building technologies (CW Group) Against the backdrop of rising costs of imported building materials, industry experts are urging government intervention to promote the use of locally sourced materials. The Nigerian Building and... Type: Article Category: Other Metsä Board shifts investment focus 26 March 2024 The decision was made after higher-than-expected costs (CW Group) Metsä Board, after completing pre-engineering for a proposed folding boxboard mill in Kaskinen, Finland, has opted against the investment due to higher-than-expected costs. The decision... Type: Article Category: Europe & Central Asia US stands against EU deforestation rule 26 March 2024 fears the EUDR's stringent compliance requirements could disrupt supply chains and burden businesses with unnecessary costs. The AF&PA applauds Senators Marsha Blackburn and Angus King for spearheading the bipartisan resistance to the EUDR, joined by 24... Type: Article Category: Global Petcoke Shipping Market 25 March 2024 laycans stand at USD 21/t, while deals for delivery to Iskenderun average around USD 26/t for 50,000t of petcoke. Shipping costs from USG to EC India for a Supramax-lot of petcoke are at USD 51/t on average. The outlook remains negative unless a surplus... Type: Article Category: Pricing Cement industry struggles betwixt rising demand in Nigeria 25 March 2024 including Dr. Muda Yusuf from the Centre for the Promotion of Private Enterprise (CPPE), highlight challenges such as energy costs, logistics, and currency fluctuations, exacerbating production expenses. Analysts from CardinalStone Research emphasize... Type: Article Category: Volume & Pricing Hemp siding for sustainable construction 22 March 2024 promises to deliver a commercially viable, durable, and low-embodied-carbon siding solution that lowers heating and cooling costs for homeowners. Utilizing a dense mat of hemp wool fibers bonded with recycled binders, HeRS targets a minimum R-5 thermal... Type: Article Category: Other Concrete and cement process on the rise 22 March 2024 building material prices (CW Group) In a recent report by the Irish Farmers Journal, it's revealed that building material costs, particularly for ready-mix concrete and cement, have experienced significant increases over the past three years. The study... Type: Article Category: Concrete & Brick Egypt's iron and cement prices 22 March 2024 Insights into Egypt's building material costs (CW Group) The content you tried to access is only available to paid subscribers.Subscribe now Copyright CW Group. All rights reserved.... 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