Reported about 1 year ago
In pursuit of net zero carbon emissions, the 'green inflation' is impacting prices across all sectors, potentially leading to increases in raw materials like furnace slag powder and transportation costs in ready-mixed concrete. Moreover, the market's demand for higher production costs of low-carbon cement and low-carbon ready-mixed concrete is pressuring companies like Taiwan Cement, Asia Cement, and domestic building materials industries to raise prices in the latter half of the year. Factors such as electricity prices and the shift from coal to alternative energy sources are contributing to the rising costs, with expectations of increased prices for cement and ready-mixed concrete products in the near future.
Source: YAHOO