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Dry bulk shipping rates surge 07 February 2024 to USD 19,663. Despite lower iron ore futures due to subdued pre-holiday restocking among steelmakers and a dim demand outlook in China, the panamax index saw a modest increase of 9 points to reach 1,428 points. Average daily earnings for panamax... Type: Article Category: Markets & trade Brazil’s building materials' s cautiously optimistic 06 February 2024 Insights into Brazil's construction materials outlook (CW Group) [PAID={"id":"15,16,17","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]According to the Brazilian Association of the Construction Materials... Type: Article Category: Construction Aluminum shines amid modest price increase in China 06 February 2024 Subdued 2024 outlook amid weak demand (CW Group) Base metals face a subdued outlook for 2024 as weak demand weighs down any potential bullish supply pressures, as indicated by the latest Reuters analyst poll. Copper and aluminum emerge as the only... Type: Article Category: Pricing Khaya Cement production increased by 117% 06 February 2024 Loss for the period widened to USD 265.2 billion. Despite these financial challenges, Khaya Cement maintains a positive outlook, fueled by ongoing infrastructure projects across the country expected to drive sales volumes and bring the company back to... Type: Article Category: Volume & Pricing Taylor Maritime's positive outlook for mid-sized bulk carriers 05 February 2024 Strategic moves and positive outlook for handysize and supramax markets (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Taylor Maritime Investments, the London-listed owner... Type: Article Category: Markets & trade China Evergrande liquidation sparks uncertainty in bulk sector 05 February 2024 to China appear stable, supported by continued steel production and reduced iron ore stocks. Looking ahead, the medium-term outlook for the bulk market, especially the capesize segment, hinges on how China manages the Evergrande liquidation. While... Type: Article Category: Markets & trade Bahrain's cement consumption remains stable 02 February 2024 Bahrain’s cement consumption forecast for 2023 (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]According to Cement Network, Faisal Shehab, CEO of Bahrain United Cement... Type: Article Category: Volume & Pricing Hoa Phat Steel market resilience 02 February 2024 furnace in Hai Duong hints at intriguing market dynamics. The company's financial report for 4Q2023 reveals an optimistic outlook, with total assets reaching VND 187,783 billion and a future focus on the Dung Quat 2 project, injecting an additional VND... Type: Article Category: Other China's property crisis 01 February 2024 major property player entangled in over USD 300 billion of debt, poses potential challenges to investor confidence and the outlook of China's real estate sector. The court's decision follows Evergrande's failure to present a viable restructuring plan,... Type: Article Category: Markets & trade Explosive growth in Brazil's mining exports unveiled 01 February 2024 by major entities like Vale, Gerdau, ArcelorMittal, and Mosaic in this remarkable uptick. Unveiling a profound economic outlook, Ibram forecasts a substantial influx of USD 64.5 billion in investments spanning from this year through 2028. This... Type: Article Category: Markets & trade Hoa Phat's reopens steel production blast furnaces 31 January 2024 territories worldwide and the positive trends in the domestic construction steel market further contribute to the positive outlook. The blast furnaces in Dung Quat and Hai Duong have resumed operations, leading to an increased demand for raw materials... Type: Article Category: Other Bulk shipping industry trends 30 January 2024 challenges in the Red Sea could impact ton-miles, the report suggests a minor impact on overall demand, with an optimistic outlook for resolution. The supply-demand relationship is predicted to marginally weaken in 2024, stabilizing in 2025. Supply... Type: Article Category: Markets & trade Eagle Materials reports fiscal triumph in Q3 FY24 26 January 2024 decrease in revenue, primarily due to lower Wallboard and Paperboard sales prices. Eagle Materials maintains an optimistic outlook for long-term growth, leveraging its strategic geographic positioning and active participation in ongoing infrastructure... Type: Article Category: Concrete & Brick Brazilian construction materials industry outlook 25 January 2024 ABRAMAT report reveals industry challenges and a glimpse of optimism (CW Group) [PAID={"id":"15,16,17","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]The latest report from ABRAMAT sheds light on the... Type: Article Category: Construction BIMCO's 2024 dry bulk outlook 25 January 2024 Energy Shifts and Market Dynamics in Dry Bulk Shipping (CW Group) BIMCO's 1Q2024 Dry Bulk Shipping Market Overview & Outlook provides a comprehensive analysis of the industry's supply and demand landscape. Niels Rasmussen, BIMCO's Chief Shipping... Type: Article Category: Markets & trade PCA chief economist forecasts 2024 trends 25 January 2024 cement industry's path (CW Group) Ed Sullivan, Chief Economist at the Portland Cement Association (PCA), provides a nuanced outlook for the U.S. economy in 2024. While anticipating a gradual first-half weakening, Sullivan envisions a slow recovery in... Type: Article Category: Markets & Competition Iron Ore outlook 22 January 2024 Rio Tinto forecasts gradual rebound in iron ore (CW Group) Scrap Monster reports that Rio Tinto, a major player in the iron ore industry, predicts a slow but steady recovery in the global economy throughout the current year, thanks to increased... Type: Article Category: Markets & trade Sika's reaches sales milestones 18 January 2024 in Sealy (Texas, USA) and Kirchberg (Switzerland), and opened a cutting-edge Technology Center in Suzhou (China). The outlook for fiscal 2023 remains strong, with an over-proportional increase in EBIT expected, excluding the MBCC acquisition. Operating... Type: Article Category: Construction Sergipe achieves petcoke surplus 18 January 2024 Export expansion and import reduction drive economic triumph(CW Group) Sergipe commences the year with a positive economic outlook as its trade balance records a noteworthy surplus of USD 97.6 million in 2023. The state experienced increased exports,... Type: Article Category: Trade & Shipping Limak unveils plans for cement business expansion 18 January 2024 plans to consider investments in Turkey starting from 2024, with an anticipated peak in 2026. Moody's recent positive outlook for Turkey's credit rating was viewed favorably, aligning with expectations of positive economic shifts in 2024. Limak's... 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