Moody's sees no immediate concerns for West China Cement from short seller's report. There is no pressure on its Ba3 corporate family and senior unsecured debt ratings. At the same time, the rating outlook remains negative, reflecting the consideration that its credit metrics, especially interest coverage, are under pressure from its fast expansion and weak cement prices. (Source: Reuters)
Swiss cement sales increase in final quarter of 2024
Swiss cement sales fell 4.6 per cent YoY in 2024, amounting to 3.56Mt. Low-carbon cement types a...