Prices of Ground Granulated Blast Furnace Slag (GGBFS) are expected to depreciate in February xxxx across the German and US markets due to moderate demand for cement from the construction sector. The February month of xxxx forecasts no significant improvement in the construction sector across the United States and Germany which is expected to wane the demand for cement consequently reducing the demand of GGBFS.
Across the United States, the commercial building sector of the construction industry witnessed significant improvements during January xxxx including nearshoring activities in Mexico which provided some support to the US GGBFS market. The positive effects of nearshoring activities are recorded to have been translating on the Mexican economy, which is clearly evidenced by an increment of x.xx in the exports on Y-O-Y basis during the first half of xxxx, and FDI reaching at an all-time high attracting an investment of USD...
