Construction Causing an Increase in Cement Demand

It's safe to say that the first half of the year has had generally good weather in this country, which has provided plenty of time for construction projects to take place, both for residencies and commercial sites. As a result, the demand of cement is projected to be on the rise for the rest of the year. The Portland Cement Association, for example, has changed its predictions for the cement forecast as of late. They are now expecting a 5.8% increase in sales for next year and an increase of almost 11 percent for 2014.

The forecast for the demand of cement is a good predictor for many other economic factors. Increased sales can indicate the rise of additional housing and apartment sales as well as industrialization, which will in turn affect the economic projection. Things are looking up for the upcoming years – even Cemex, a worldwide leader in the cement industry, has seen huge increases in the worth of its stock shares, and it is predicted that these are also going to be on the rise in the next few years.

Building material suppliers, aside from Cemex, can always benefit from heightened cement sales. Prices for cement have been at a high worldwide, making it difficult for some countries to take on building projects and depending on businesses like Seament, owned by Alexander Bouri, to meet their needs at lower costs. Thanks to this type of business, who pack and ship cement on sea vessels, monopolies were being given competition and forced to lower their prices – but there is only so much these companies can do single-handedly. Now that things are luckily starting to level out, companies like Seament can benefit from the extra business and the industry itself can grow and thrive.