March 29, 2019 – The U.S. Geological Survey released the quarterly report “U.S. Production of Selected Mineral Commodities in the Fourth Quarter 2018,” mine and plant production data for selected mineral commodities. The combined production of construction-related materials (cement, construction sand and gravel, crushed stone, and gypsum) in the fourth quarter of 2018 decreased by 14 percent compared with that in the third…
Read MoreTag: cement
Summit Materials Optimistic Despite Losses in 2018
Summit Materials Inc. announced that for the three months ended Dec. 29, 2018, the company reported net loss attributable to Summit Inc. of $19.2 million, compared to net income attributable to Summit Inc. of $43.0 million in the comparable prior-year period.
Read MoreTexas Producers Visit State Legislators
More than 75 members of the Texas Aggregates & Concrete Association (TACA) met with Texas legislators about issues important to the aggregate, concrete, cement and other associated industries as part of the association’s Capitol Day, which took place Feb. 5.
Read MoreAggregates Production
Aggregates producers are moving full-steam ahead, with or without a new federal infrastructure bill. An estimated 658 million metric tons (Mt) of total construction aggregates was produced and shipped for consumption in the United States in the second quarter of 2018, an increase of 7 percent compared with that of the second quarter of 2017, according to Jason Willett, crushed…
Read MorePCA: Cement Consumption Growth to Falter Over Next Two Years
The Portland Cement Association (PCA) Market Intelligence Group forecast for cement consumption over the next two years, shows less growth compared with 2018. This year’s rate of change is 2.9 percent; growth recedes to 2.6 percent in 2019 and to 1.6 percent in 2020.
Read MoreLooking Ahead With Caution
Oct. 16, 2018 – At the Intercem Americas conference in Miami, Colin Sutherland, president of SC Market Analytics, talked about infrastructure market dynamics that will impact both the cement and aggregates industries. Chief among these are a rising fed funds rate, full employment, super-stimulative fiscal policy, rising minimum wage, rising oil prices and tariff driven materials price increases. The industries may…
Read MoreAggregates Production Up 7 Percent in Second Quarter
An estimated 393 million metric tons (Mt) of crushed stone was produced and shipped for consumption in the United States in the second quarter of 2018, an increase of 7 percent compared with that of the second quarter of 2017, according to Jason Willett, crushed stone commodity specialist.
Read MoreSt. Lawrence Seaway Stone Shipments Up 6 Percent
According to the latest figures, cement/clinkers tonnage shipments via the St. Lawrence Seaway for the period of March 29 to August 31 are up 25 percent compared to the same period last year. These cement/clinker shipments go to marine terminals at both U.S. and Canadian ports within the Great Lakes-St. Lawrence Seaway region.
Read MoreUSGS Reports On Select Mineral Commodities
The U.S. Geological Survey (USGS) – reporting to the Board of Governors, Federal Reserve System (FRS), for use in preparing its index of industrial production and the related capacity indexes and utilization rates – counts manufacturing, mining, and electric and gas utilities among the key economic indicators monitored by the FRS for guidance in determining national monetary policy.
Read MoreUSGS: Production of Construction Materials Up 7 Percent
U.S. mine and plant production data for 14 selected mineral commodities are provided monthly (or quarterly) by the U.S. Geological Survey to the Board of Governors, Federal Reserve System (FRS), for use in preparing its index of industrial production and the related capacity indexes and capacity utilization rates.
Read More