Importance of Cement Market Characteristics to the Industrial Geologist
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Citation:The Ohio Journal of Science. v66 n2 (March, 1966), 137-145
Decisions to develop deposits of calcareous materials for cement production are based largely on anticipated markets for heavy construction which utilizes concrete. The geologist should understand the fundamental factors that underlie such management decisions, so that his field work and reports will more effectively relate to the information requirements of managers in the cement industry. The paper examines the relationships that exist between exploration and development of calcareous raw materials for cement manufacture and changing factors in the marketing of cement. Continued overcapacity, improved technology, changing distribution patterns,ease of entry, economics of scale, and the nature of product demand are some of thecharacteristics of the cement industry that are basic to decisions regarding explorationprograms and property development.
Author Institution: Mineral Economics Department, College of Mineral Industries, The Pennsylvania State University, University Park, Pennsylvania
Rights:Reproduction of articles for non-commercial educational or research use granted without request if credit to The Ohio State University and The Ohio Academy of Science is given.
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