Price increases stick in the United States

The cement market of the United States reached its peak volume in 2005-2006 when cement consumption neared 130 million tons per year. An unprecedented crisis hit the cement market and led demand below 70 million tons by the end of 2009. The industry has revived since and was expected to close 2013 at around 80 million tons in cement consumption.

The unfavorable market conditions generated a similar evolution for cement prices, even though both cement price decline and recovery lagged behind. The national-wide average cement price at plant level started to plummet in 2007 from US$104 per ton only to reach its bottom in 2011 at US$89.5.

Read the rest of the article in the CemWeek Magazine, Issue 18.