Economy & Market
US will be a bright spot for cement demand in 2017
The US has been a bright spot for cement producers, as demand for building materials grew through 2016 and is expected to continue this trend in 2017. Construction investment grew by 2.7 per cent over 2017 with more robust growth in the commercial and residential sectors, said Buzzi Unicem in its latest results statement. Higher sales prices also boosted cement companies' results.