Rock Products

JAN 2013

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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TOP NEWS TXI IN EXCHANGE AGREEMENT Texas Industries Inc. will exchange expanded shale and clay aggregates business. DRAKE COMPANIES ADD TO HOLDINGS Drake Companies announced the addition of major aggregate reserves to its portfolio of assets. VULCAN HOSTS CHINESE DELEGATION Vulcan Materials' McCook Quarry recently welcomed visitors from China's Liaoning province. MSHA WATCH The National Stone, Sand and Gravel Association and the U. S. Department of Labor's Mine Safety and Health Administration reaffirmed their decade‐old alliance aimed at preventing injuries and illnesses at U.S. aggregates operations. The 2002 MSHA‐NSSGA Alliance was the first of its kind between an industry association and the federal government. USGS STATS According to the latest report just released by the U.S. Geological Survey, an estimated 580 metric tons (Mt) of total construction aggregates was produced and shipped for consumption in the United States in the third quarter of 2012, a decrease of 5 percent compared with that of the same period of 2011. However the estimated production for consumption in the first nine months of 2012 was 1.48 billion metric tons (Gt), a slight increase compared with that of the same period of 2011. ECONOMIC INDICATORS The U.S. Census Bureau of the Department of Commerce announced that construction spending during October 2012 was estimated at a seasonally adjusted annual rate of $872.1 billion, 1.4 percent (± 2.0 percent) above the revised September estimate of $860.4 billion. New construction starts during the first 11 months of 2012 on an unadjusted basis were reported at $424.4 billion, up 3 percent compared to the same period a year ago, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. Again, one of the down areas was in the highway construction sector, which was down 9 percent The U.S. transportation construction infrastructure market is expected to show modest growth in 2013, increasing 3 percent from $126.5 billion to $130.3 billion, according to the American Road and Transportation Builders Association's (ARTBA) annual forecast. ENERGY n Crude oil futures price 1/3/2013: $92.92/bbl; up $2.05 from week earlier, down $10.30 from year earlier. n Natural gas futures price 1/3/2013: $3.198/mm Btu; down $0.156 from week ear‐ lier, up $0.102 from year earlier. n Retail gasoline price 12/31/2012: $3.298/gal; up $0.041 from week earlier, down $0.001 from year earlier. n Retail diesel price 12/31/2012: $3.918/gal; down $0.005 from week earli‐ er, up $0.135 from year earlier. n Weekly coal production 12/22/2012: 18.901 million tons; down 0.851 million tons from week earlier, down 1.777 million tons from year earlier. ROCKproducts • JANUARY 2013 1

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