Rock Products

JAN 2018

Rock Products is the aggregates industry's leading source for market analysis and technology solutions, delivering critical content focusing on aggregates-processing equipment; operational efficiencies; management best practices; comprehensive market

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www.rockproducts.com ROCK products • January 2018 • 29 Cement •  Portland cement consumption (23.6 million metric tons [Mt]) increased by 1.6 percent in Q3 2017 compared to 2016. • The average net selling price per ton for Vulcan Materials, Martin Marietta and Eagle Materials in Q2 was $107.00, an increase of 0.4 percent over the prior quarter and a 5.4 percent increase over the same period in 2016. •  YTD volume (63.2 Mt) through Q3 was up 1.6 percent over 2016. Ready-Mix Concrete (RMC) •  RMC prices increased 2.1 percent in Q3 2017 and were up 4.6 percent when compared to Q3 2016. Price data is computed from the average RMC net selling prices of U.S. Concrete, Vulcan Materials, Martin Marietta and Eagle Materials. • Ready-mix concrete volume is not tracked on a quarterly basis. Asphalt • Asphalt prices increased 2.5 percent in Q3 2017 as mea- sured by the average net asphalt selling prices of Vulcan Materials and Martin Marietta. This is the second consecutive quarter that asphalt prices have increased following a string of declines in five of the past six quarters prior to that. • Asphalt volume is not tracked on a quarterly basis. Crushed Stone • An estimated 387 Mt of crushed stone was produced and shipped for consumption in the U.S. in Q3 2017. •  YTD volume (1,013 Mt) through Q3 2017 was down 1.9 percent from 2016 but quarterly volume increased 6.0 per- cent compared to Q2 2017. Sand and Gravel • Sand and gravel production in Q3 2017 was flat compared Q3 2016 and YTD volume of 673 Mt is 1.0 percent lower compared to 2016. Headwaters MB is an independent, middle market investment bank- ing firm providing strategic merger and acquisition advice, capital raising and special situations advisory. Named "Investment Bank of the Year" by major industry organizations for its third consecutive year, Headwaters MB is headquartered in Denver, with seven regional offices across the United States and partnerships with 18 firms cov- ering 30 countries. For more information, visit www.headwatersmb . com. To discuss any information contained in this report, contact the Headwaters MB team: Darin Good, managing director, dgood@ headwatersmb.com, 303-549-5674; Brian Krehbiel, senior vice pres- ident, bkrehbiel@headwatersmb.com, 303-531-5008. Sources: NRMCA Industry Data Survey, Average RMC selling price of U.S. Concrete, Vulcan Materials, Martin Marietta Materials & Eagle Materials Sources: EAPA Asphalt in Figures, NAPA, Vulcan Materials & Mar- tin Marietta Materials average of net asphalt selling prices Source: U.S. Geological Survey Source: U.S. Geological Survey Sources: U.S. Geological Survey, Average of Vulcan Materials, Martin Marietta and Eagle Materials average net selling price

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