China's plan to reduce excess capacity
According to the China Cement Association, the number of cement plants in the country reached 3408 (2198 grinding units plus 1210 clinker lines) in 2020, with cement capacity at around 3800Mta. Cement production climbed 2.5 per cent YoY to 2377Mt in 2020, compared with 2330Mt in 2019 (+4.9 per cent YoY), despite challenges from the …
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