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Cement & aggregates

Article Abstract:

US demand for cement in the near future is expected to increase with the passage and signing of the Transportation Efficiency Act. In addition, the US consumed 102 mil tons of cement in 1997 while producing only 86 mil tons during the same period and this demand and supply situation is expected to continue. Earnings for the cement industry are expected to remain strong in 1998 and these stocks are timely in 1998, although cyclical.

Author: Roth, Perry H., Ware, Adam M., Russo, David A., Coyle, Christopher M., DeMartino, Paul J.
Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998

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Cement & aggregates

Article Abstract:

Domestic suppliers have been importing cement in recent years due to the strong demand over available US supplies. Demand is expected to increase with moderate economic growth in the US, and pending public works bills in Congress are expected to increase spending for transportation infrastructure and boost demand as well. Prospects for the industry are good in 1998, but investors must consider the cyclical risks of these stocks.

Author: Roth, Perry H., Ware, Adam M., Russo, David A., Coyle, Christopher M., DeMartino, Paul J.
Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998

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Cement & aggregates

Article Abstract:

Cement and aggregates industry stocks should do well during 1997. Solid earnings gains in 1996 as well as a favorable supply/demand balance has enabled manufacturers to increase prices and increase their earnings. This trend is expected to continue during 1997 but earnings growth could increase at a slower rate.

Author: Roth, Perry H., Russo, David A., Plante, Thomas R., Jr., Coyle, Christopher M.
Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
Economic aspects

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Subjects list: Finance, Cement industry, Florida Rock Industries Inc., Lafarge Corp., Southdown Inc., Texas Industries Inc., Vulcan Materials Co., FRK, LAF, SDW, TXI, VMC, Cal Mat Co., Dravo Corp., CZM, DRV, Medusa Corp., MSA
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