-+ 0.00%
-+ 0.00%
-+ 0.00%
Investment in real estate and infrastructure continued to weaken, causing the cement industry to enter a period of deep adjustment. Currently, the industry's losses have reached 60%, and a large number of small and medium-sized cement companies have fallen into business difficulties with inverted prices, high inventories, and poor repayment. According to incomplete statistics, more than 20 cement and grinding companies have entered bankruptcy related procedures this year, and the debt risks of small and medium-sized enterprises have been centrally exposed and transmitted to the upstream industry chain.
Share
Listen to the news
Investment in real estate and infrastructure continued to weaken, causing the cement industry to enter a period of deep adjustment. Currently, the industry's losses have reached 60%, and a large number of small and medium-sized cement companies have fallen into business difficulties with inverted prices, high inventories, and poor repayment. According to incomplete statistics, more than 20 cement and grinding companies have entered bankruptcy related procedures this year, and the debt risks of small and medium-sized enterprises have been centrally exposed and transmitted to the upstream industry chain.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending