Displaying items by tag: GCW332

China: The Wuhan Concrete (Mortar) Association has held an emergency meeting to discuss soaring cement prices due to central government mandated environmental measures such as a peak shifting. It has urged local governments to examine the situation, according to Reuters. The association, which represents the region’s concrete and mortar producers, said that some construction projects had been suspended due to price spikes and artificial shortages of raw materials including cement. Chinese environmental policy has forced cement producers through shutting so-called ‘obsolete’ production capacity and forcing selected plants to shut through the winter.