Last year, 32 states and the District of Columbia were short of cement. Many will have worse shortages this year,
More Quotes from Ken Simonson:
In 2005, we had 32 areas (of the country) that ran short of cement at certain times of the year. With the demand for cement growing in 2006 and very little expansion of production, I think further supplies are limited.Ken Simonson
I think it's likely that prices will spike again and I think it's near certainty there will be some material shortages. Our cement shortages will certainly get worse. We're heading for severe shortages of cement at least until those ports are fully operational.
Ken Simonson
I expect some slow improvement in the Dallas-Fort Worth area. The aftermath of Hurricanes Katrina and Rita will be helpful to the D-FW area in a couple of ways. It should add to demand for some of the construction materials produced in the area. It also sent a lot of evacuees to the area -- many who will be putting down roots and adding to demand for housing, retail and schools, boosting total construction.
Ken Simonson
The demand for concrete has been outstripping supply for several years. We've become more steadily dependent on imports.
Ken Simonson
Fast-rising materials and fuel costs have exaggerated the growth in some of these categories, especially highway construction.
Ken Simonson
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