Cemex Reports Challenging Third Quarter

Cemex announced on a like-to-like basis for the ongoing operations and adjusting for foreign exchange fluctuations, consolidated net sales decreased by 1%, reaching $3.5 billion during the third quarter of 2019 versus the comparable period in 2018. Operating EBITDA decreased by 7% on a like-to-like basis during the third quarter of 2019 to $681 million on a year-over-year basis.

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July Cement Shipments Up 7.7%

Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in July 2019 were 10.0 million metric tons (Mt), an increase of 7.7% from shipments in July 2018, according to the latest USGS Mineral Industry Survey. Shipments for the year through July totaled 56.5 Mt, an increase of 2.4% from those for the same period…

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