CONEXPO-CON/AGG VIP SHOW GUIDE 2014

2014

CONEXPO-CON/AGG VIP SHOW GUIDE contains Floor Plans and a complete listing of companies exhibiting at the ConExpo-Con/Agg 2014 trade show in Las Vegas March 3-7, 2014. It also contains 2014 forecasts for the Aggregate, Concrete and Cement industries

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AGGREGATES & CONSTRUCTION MARKET REPORT Where do the aggregates and construction industries stand right now, and where they headed? It all starts with aggregates pro- duction. The most recent estimates are based on information reported to Rock Products via the U.S. Geological Survey (USGS) quarterly sample survey of crushed stone, and construction sand and gravel producers. An estimated 646 million metric tons (Mt) of total construc- tion aggregates was produced and shipped for consumption in the United States in the third quarter of 2013, an increase of 8 percent compared with that of the same period of 2012. "The estimated production for consumption in the first 9 months of 2013 was 1.56 billion metric tons (Gt), an increase of almost 3 percent compared with that of the same period of 2012," said Jason Willet, USGS crushed stone commodity specialist. There is typically less activity in the fourth quarter of any year, unless weather conditions have been favorable. This year saw a number of large storms that have been disruptive to aggregates producers. End-of-the-year 2013 totals will likely hold steady at around a 3-percent increase for the year. Breaking down production by product segment, an estimat- ed 367 Mt of crushed stone was produced and shipped for con- sumption in the United States in the third quarter of 2013, an increase of 8 percent compared with that of the same period of 2012. The estimated production for consumption in the first 9 months of 2013 was 904 Mt, a slight increase compared with the first 9 months of 2012. The estimated U.S. output of construction sand and gravel produced and shipped for consumption in the third quarter of 2013 was 279 Mt, an increase of 9 percent compared with that of the same period of 2012. The estimated production for consump- tion in the first 9 months of 2013 was 657 Mt, an increase of 3 percent compared with that of the same period of 2012. U.S. AGGREGATES PRODUCTION Crushed Stone Sand and Gravel Aggregates 2013 (est.) 1,205 Gt 865,000 Mt 2,070 Gt 2012 1,170 Gt 845,000 Mt 2,010 Gt 2011 1,160 Gt 810,000 Mt 1.970 Gt 2010 1,160 Gt 805,000 Mt 1.965 Gt 2009 1,160 Gt 838,000 Mt 1,998 Gt Gt = Billion Metric Tons Mt =Million Metric Tons Source: USGS/Rock Products Regionally The estimated production-for-consumption of aggregates in the third quarter of 2013 increased in all of the nine geographic divisions compared with that sold or used in the third quarter of 2012. The largest increases in percentages were recorded in the East South Central (15 percent), the Middle Atlantic (14 percent), and the West North Central (12 percent) divisions. Production-for-consumption of aggregates increased in 35 of the 44 states that were estimated. The five leading States were, in descending order of production-for-consumption, Texas, Cali- fornia, Pennsylvania, Minnesota, and Ohio. Their combined total production-for-consumption was 183 Mt and represented 28 per- cent of the U.S. total. The estimated production-for-consumption of crushed stone in the third quarter of 2013 increased in all of the geographic divisions compared with that sold or used in the third quarter of 2012. The largest increases were recorded in the West North Cen- tral (16 percent), the Middle Atlantic (13 percent), and the Pacific (9 percent) divisions. Production-for-consumption of crushed stone increased in 35 of the 46 States that were estimated. The five leading States were, in descending order of production-for- consumption, Texas, Penn- sylvania, Missouri, Illinois, and Ohio. Their combined total pro- duction-for-consumption was 121 Mt and represented 33 percent of the U.S. total. The estimated production-for-consumption of construction sand and gravel in the third quarter of 2013 increased from the third quarter 2012 levels in eight of the nine geographic divi- sions. The largest increases in percentages were recorded in the East South Central (22 percent), the Middle Atlantic (16 percent), and the West South Central (12 percent) divisions. Production-for-consumption of construction sand and gravel increased in 32 of the 46 States that were estimated. The five leading States were, in descending order of production-for-con- sumption, California, Texas, Minnesota, Michigan, and North Dakota. Their combined total production-for-consumption was 105 Mt and represented 38 percent of the U.S. total. Producers Look Ahead Vulcan Materials, Martin Marietta Materials, and MDU Resources, in their respective quarterly reports, looked at the fourth-quarter of 2013 and ahead into 2014, and across the board, the signs are positive. Regarding the company's outlook, Don James, Vulcan's chair- man and chief executive officer, stated, "Through the first nine months of 2013, segment gross profit and margins improved in all major product lines, leading to 180 basis points of margin expan- sion overall. This improvement was driven by higher volumes and pricing in most major products. Despite a challenging first half of the year due to wet weather, aggregates shipments were up 3 per- cent through the first nine months of 2013, excluding the effects of the divestiture of our Wisconsin aggregates operations as well as acquisitions in Texas and Georgia completed earlier this year. 16 • March 2014 VIP Show Guide U854.indd 16 2/14/14 12:10 PM

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