Brazil’s antitrust watchdog, Cade, has ordered six cement makers named in a price-rigging case to pay a combined 3.1 billion reais ($934 million) in fines within a month in a landmark decision that also orders asset disposals, reported Reuters.
Read MoreMonth: August 2015
May Cement Shipments Drop
Total shipments of portland and blended cement in the United States and Puerto Rico in May 2015 were about 7.8 million metric tons (Mt), down by 4.5 percent from the level in May 2014, according to the most recent USGS Mineral Industry Survey. Shipments for the year through May totaled 31.9 Mt, up by 2.6 percent from the same period in…
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