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To: MeneMeneTekelUpharsin

The U.S. and Mexican governments have reached an agreement — expected to go into effect in the second quarter of 2006 — regarding the level of U.S. tariffs on Mexican portland cement imports into the United States. This report, released by Portland Cement Association (PCA) Chief Economist Ed Sullivan, provides the latest available information about the arrangement and its potential impact on U.S. cement supply.

The U.S.-Mexican cement import agreement will reduce the tariff on portland cement imports originating from Mexico from $26 per ton to $3 per ton and introduce regional quotas. The total volume of Mexican imports is capped at 3 million metric tons (mt) for the first year of the agreement.

http://cementamericas.com/mag/cement_us_cement_forecast_2/index.html


Reduced rates = more cement purchased from Mexico... When the rates were higher there was less cement imported, that's protectionism, and allowed the domestic cement companies to demand higher prices on a basic building material...

No wonder houses cost more for lower quality, protectionism!


20 posted on 07/10/2006 2:54:26 PM PDT by MD_Willington_1976
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To: MD_Willington_1976

Great post! And thanks for validating my view that this is a top-notch company with potential.


22 posted on 07/10/2006 8:02:27 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MD_Willington_1976

What business are you in, if I may ask?


29 posted on 07/14/2006 7:17:00 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MD_Willington_1976; spokeshave
Fellas...here's an interesting and positive development to add to the Cemex saga:

Click here for Financial Times story.

31 posted on 07/24/2006 9:00:06 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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