Carnegie Market Blog

China Used More Cement in 3 Years than the 20th Century

Posted by Brent Luce on Mar 14, 2017 3:24:52 PM

Amazing Cement Statistic

This is a bit old, but I just read about how China used more cement in three years than the U.S. used in the entire 20^th century. Cement is one of the most important substances in human history and its usage is a perfect indicator for growth and construction. The fact that China used that much cement is a testament to the explosive growth they experienced. The alleged “fake cities” they built probably did not hurt this growth either. Related: U.S. Will be Bright Spot for Cement Demand in 2017

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Topics: Robots, Bond Yields, Cement, Dividends

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