FOB prices for cement and clinker showed mixed trends, continuing to increase in the Mediterranean Basin while declining in the Persian Gulf-Arabian Sea and East Africa in December, according to CW Research's Cement and Clinker Price Assessment for Med Basin and Persian Gulf-Arabian Sea & East Africa.
The cement carriers services market size is expected to witness a growth at a CAGR of more than 3 percent between 2021E and 2026F, according to CW Research's 2021 update of the World Cement Carrier Services and Market Forecast Report.
Global demand for ground granulated blast furnace slag (GGBFS) is expected to remain dominated by China by 2025, but its market share is likely to decline sharply whereas other Asian countries – namely India and Japan - are forecast to drive growth, according to CW Research’s 2020 update of the Global Ground Granulated Blast-furnace Slag Market Report and Forecast.
In this exclusive interview, Mr. Ahmed talks about the prospects on the current search of the cement industry for a “greener” - and more profitable - path
Prospects for steel production remain strong on infrastructure spending announced by several governments across the globe, which is expected to drive GGBFS production
In the fourth quarter of 2020, on a yearly basis, cement ex-works prices are estimated to range from a decrease of more than 6 percent in Eastern Europe and CIS to an increase of almost 7 percent in South America, according to the 4Q2020 update of CW Research’s Global Cement Trade Price Report.
Global consumption of Ground Granulated Blast Furnace Slag (GGBFS) is expected to grow between 2020E and 2025F to reach almost 269 million tons, as demand for alternatives to lower emissions and energy use during the manufacturing of Portland clinker cement is predicted to increase, according to CW Research’s 2020 update of the Global Ground Granulated Blast-furnace Slag Market Report and Forecast.
In the third quarter of 2020, average gray cement FOB prices decreased about 3 percent year-on-year, while witnessing a growth of almost 1 percent when compared to the previous quarter. In the fourth quarter, prices are predicted to keep on a quarter-on-quarter upward trend, according to the 4Q2020 update of CW Research’s Global Cement Trade Price Report.
Average FOB prices for cement and clinker in the Mediterranean Basin region grew, whereas in the Persian Gulf-Arabian Sea region prices kept declining in November, according to CW Research's Cement and Clinker Price Assessment for Med Basin and Persian Gulf.
Two small, but growing cement markets in East Africa are expected to witness an increase in demand over the next five years. Kenya’s cement demand is estimated to surpass 7 million tons over the next five years, while the cement demand in Tanzania is expected to reach over 8 million tons by 2025, both boosted by an increase in infrastructure investment, according to CW Research’s 2020 updates of the Kenya Cement Market Report and Tanzania Cement Market Report.
World cement capacity is projected to exceed 6 billion tons by 2025 with the largest increases projected to come from the Asia ex-China region with almost 200 million tons per annum, according to the CW Research’s 2H2020 update of the Global Cement Volume Forecast Report.
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