The steel industry faces serious challenges after Covid-19

The steel industry faces serious challenges after Covid-19

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

Hydrogen Application in the Cement Industry: A Promising Pathway to Decarbonization

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 implements hydrogen technology in the Dominican Republic

CEMEX implements hydrogen technology in the Dominican Republic

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
Global building and construction and belt and road initiative

The global construction market to recover in 2021 but BRI under the spotlight

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 Cement Market

Afghanistan Cement Market

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
Cement Demand and supply

Cement market faces uncertainty in the short term

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
Cement Industry consulting

Global Cement Industry: Recent Developments

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

3D Printing Technology to Revolutionise the Building and Construction Industry

3D printing technology is making inroads in the construction industry and turning it more productive, cost-effective and efficient. 3D printing is now used for building complex structures of buildings, bridges, roads, etc. Coupled with Business Information Modelling (BIM), 3D printer can be very effective which can turn complex building structures into reality with accuracy and
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Global Construction Market: Analysis of Major Emerging Trends and Developments in the Next Decade

The global construction and infrastructure industry is rapidly evolving and showing new trends and developments. Once considered the least productive industry, is now advancing towards efficiency through automation, digitalisation, advanced materials etc. On the technology side, 3D printing, drones, robots, GPS tracking are some of the tools the industry has already started using in various
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The global cement and concrete market is expected to see substantial changes

The global construction industry is showing substantial growth which has been driving demand for cement and concrete. One of the key drivers behind the growth is urbanisation particularly in emerging markets. Meanwhile, rising per capita income is also underpinning demand for cement and concrete in the residential construction sector. On the other hand, to provide
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