Fitch Ratings has announced the publication of a new report that explores key topics affecting the credit profiles of the major players in Brazil’s cement industry. The Brazilian Cement Dashboard looks at expectations of domestic cement demand growth in the short and medium term, as well as the need for infrastructure spending, the continued expansion capex in the region and the uncertainty surrounding CADE’s antitrust ruling against cement companies in Brazil.
Fitch’s expectations of deteriorating conditions in the operating environment for Brazilian cement companies are built into their current ratings.
Adapted from press release by Katherine Guenioui
Read the article online at: https://www.worldcement.com/the-americas/18052015/fitch-ratings-publishes-brazilian-cement-report-854/