MMTC to import 12.5 mt

Heidelberg Materials is expanding in Morocco by increasing its stake in Asment de Témara to 63% and acquiring 100% of Grabemaro.

The growing demand for cement and clinker in the US, Africa, and the EU may lead to a supply shortage in the Mediterranean, prompting exporters to secure import facilities.

Between January and August, India’s coal shipments rose 10% y/y, driven by strong electricity demand, but hydropower recovery may reduce future coal demand.

Steel imports at Port Houston’s multipurpose facilities increased by 48% in May compared to the same period last year.

The latest investment will help the business maintain a continuous supply of lower carbon cementitious solutions throughout the North of England & Wales.

The acquisition is subject to approval from the Commerce and Transport Department, Govt. of Odisha, and Adani expects it to be completed by Q1 FY25.