Cement News tagged under: West China Cement Co

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Africa is the golden ticket for Chinese cement producers

23 August 2024, Published under Cement News

This week the South China Morning Post pointed out that Chinese cement companies are keen to explore further market opportunities for expansion in Africa's growing cement markets. The lack of cement demand and falling cement prices in China is putting pressure on Chinese cement producers to look for higher margins abroad. Cement prices declined to CNY292/t (US$41/t) in 2023 in China, well below the CNY813/t produced by many African cement plants, claims the South China Morning Post. It is...