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Thread: Cement shortage

  1. #1
    Site Caretaker Dave A's Avatar
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    Cement shortage

    I've just spoken to a builder who says KZN has run out of cement. Construction on his sites has come to a grinding halt.

    I know we were/are importing. Is the cement shortage that bad?
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    Silver Member Graeme's Avatar
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    I gather that Holcim, LaFarge and PPC are all importing, and selling at a price which yields little to no profit. PPC have a new plant close to coming on stream, but not yet. Cement is not a product that stores easily so it is difficult to stockpile. The cement people simply never anticipated the extent of the building boom. Too late now to invest in cement producers - future profits have all been pretty-well discounted. PPC is the jewell in Barloworld's crown.

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    just me duncan drennan's Avatar
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    This probably isn't the thread to discuss this in, but Graeme what is your background? You seem to have a good insight into economics (judging by a couple of posts you've made)
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    Silver Member Candy Bouwer's Avatar
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    This probably isn't the thread to discuss this in, but Graeme what is your background? You seem to have a good insight into economics (judging by a couple of posts you've made)
    ..i have been wondering too?
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    Silver Member Graeme's Avatar
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    I am a retired local government Management Advisor. Economics was part of it. Regards, Graeme.

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