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Despite an expected decline in China's crude steel production, sustained growth in other Asian countries is expected to drive global crude production to an estimated 1.9 billion tons by 2025F, according to CW Research's 2020 update of the 2020 update of the Global Ground Granulated Blast-furnace Slag Market Report and Forecast.
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Guatemala's cement demand is estimated to grow by 1 million tons between 2021E and 2026F, boosted by an increase in infrastructure investment in the country, according to CW Research's 2021 update of the Guatemala Cement Market & Forecast Report.
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Average export prices for cement and clinker continued their upward trajectory in the Mediterranean Basin while declining in the Persian Gulf-Arabian Sea and East Africa in January 2021, according to CW Research's Cement and Clinker Price Assessment for Med Basin and Persian Gulf-Arabian Sea & East Africa.