The Middle East is renowned for its dynamic construction sector, reflecting a combination of population growth, urbanisation, and extensive infrastructure development. Central to this construction boom is the cement market, a critical element in the region’s ongoing economic transformation. In our latest market analysis, we analyse the Middle East market in-depth dissecting the intricacies of

The COVID-19 pandemic had a significant impact on the steel market, affecting the entire supply chain from raw material production to finished goods. However, as the world begins to recover from the pandemic, the steel market is expected to bounce back and grow steadily. The pandemic caused a drop in steel demand as industrial production

The cement industry is one of the largest emitters of carbon dioxide (CO2) globally, accounting for over 7% of total CO2 emissions. As countries aim to meet their climate goals under the Paris Agreement, there is growing pressure on industries to decarbonize. Hydrogen, with its zero-emissions profile, has emerged as a promising pathway for decarbonization

CEMEX, S.A.B. de C.V. is implementing the first hydrogen technology project of its kind at its San Pedro De Macoris cement plant in the Dominican Republic. The company is pioneering hydrogen technology in the building materials industry as part of its Future in Action program designed to achieve carbon neutrality. The program seeks to achieve

The global building and construction spending slumped in 2020, expected to reach $4.7 trillion in real terms. COVID-19 remained the main culprit for dragging the market downward. The global building and construction market is expected to recover in 2021.  China is the largest construction market in the world, followed by the US. China started Belt

Afghanistan is a landlocked country, and almost all of its domestic cement demand is imported from its neighbouring countries. Most of the cement imports come from Pakistan followed by Iran, and together they both account for 99% of the total Afghanistan cement imports. Afghanistan is dependent on imported cement Based on the trade statistics, Commodity

Lockdown created a tougher environment for cement producers around the world. Some governments have now realised the importance of the cement industry and included cement manufacturers to the exemption list though others are still contemplating. However, the exemption is not enough to drive the cement supply to normalcy. The issue is hydra-headed and goes deep

There have been various developments in the global cement industry recently. We tracked several mergers and acquisitions (M&As) across the world. Some of them are stated below. In Somaliland, Raysut Cement and MSG Group formed a partnership in July 2019 for making a new cement grinding plant in Berbera, Somaliland. The project would see an