Cement & aggregates
Article Abstract:
Consumption of cement is expected to reach record levels in 1995 and 1996, with demand exceeding supply. Cement imports have risen in spite of tariffs, since US capacity of 75 million tons cannot meet consumption. Prices are expected to rise due to shortages and increasing commercial construction activity. Cash flow for the cement industry will be strong through the 1990s and individual stocks are recommended for investment.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Cement & aggregates
Article Abstract:
Demand in excess of supply and tariff protection are generating larger revenues and profits for the cement and aggregates industry. Producers will be able to continue raising prices in future downturns as well. Long-term prospects for several cement companies are good, even though these stocks have underperformed the market in 1995. Total returns for the next three to five years will be above average.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Comment about this article or add new information about this topic:
Cement & aggregates
Article Abstract:
Aggregate and cement companies are expected to increase earnings at a slower rate through 1996, after excellent sales and higher prices in 1994. Although production runs below demand, few companies are planning to increase capacity. US cement prices are relatively low, and tariff laws further control foreign competition. Proposed environmental regulations concerning cement dust may increase costs.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: