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 20th 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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