The Global Effect

Cement markets, which had been on a growing path are dwindling downÔÇöa new development that is most noticeable on the emerging and developing markets. According to the latest world economic outlook released by the International Monetary Fund in July 2015, a two-speed situation is going to define this year.

This time, however, it is the developed markets that are witnessing a higher growth rate, while emerging economies as slowing their pace, after several years of trailing ahead.  The story details the China's contraction in cement volumes as well as the decline in economic growth in several major emerging markets.

Read rest of the article in the CemWeek Magazine, Issue 29.