Improvements in US Cement Industry

As if to confirm news from yesterday that may indicate that some signs of improvement in the US market, a recently updated forecast from the PCA predicts an expansion in cement consumption in the second half of 2013.  The latest estimates provide for a 6.2% increase in consumption for 2013, followed by an over 9% increase in 2014.  The 2013 figure is slightly lower than the approximate 8% growth anticipated to start the year, but the upward growth in the cement consumption figures is certainly a positive signe for an industry facing many pressures.  The forecast places the industry as nearly achieving a full recovery to the 2006 capacity of 120 million ton per year in 2017.

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