October 5th, 2017

Cement

Building up

$2.5trn is invested annually in infrastructure projects, creating the transportation, power, water, and communications systems on which the global economy depends. With its requirements for steel (and by association iron ore and coking coal), cement and timber, plus a number of other bulk materials, infrastructure investment is the biggest ultimate driver of dry bulk demand. With spending requirements set to grow to $3.3trn a year in the run up to 2030 this is good news for dry bulk, with the cement trades in particular looking like they will benefit.

 

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Contact Braemar ACM Research at [email protected]