Rock Products

MAR 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 HAVING A BLAST ISEE blasting conference draws 1,300 to Fort Worth, Texas. ACQUISITION McLanahan acquires Eagle Iron Works, a company that has been in business since 1872. GOING UP Vulcan and Martin Marietta report positive numbers for 2012. MSHA WATCH The Mine Safety and Health Administration filed 46 requests for temporary reinstatement during the 2012 calendar year, more than double any previ��� ous year, with the Federal Mine Safety and Health Review Commission on behalf of miners who submitted complaints of discrimination in the form of a suspension, layoff, discharge or other adverse action. USGS STATS In 2012, the estimated value of mineral production increased in the United States for the third consecutive year, according to USGS. Production and prices increased for most industrial mineral commodities mined in the United States, but production and prices for nearly all metals declined. Minerals remained fundamental to the U.S. economy, contributing to the real gross domestic product (GDP) at several levels, including mining, processing and manufacturing finished products. Minerals��� contribution to the GDP increased for the second consecutive year. ECONOMIC INDICATORS ENERGY The value of new construction starts dropped 12 percent in January to a seasonally adjusted annual rate of $469.1 billion, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. Highway and bridge construction climbed 14 percent. Due to a double���digit dip on the typically volatile multifamily side, nationwide housing starts declined 8.5 percent to a seasonally adjusted annual rate of 890,000 units in January, according to newly released data from HUD and the U.S. Census Bureau. n WTI CRUDE OIL FUTURES PRICE 2/22/2013: $93.13/bbl, down $2.73 from week earlier; down $14.70 from year earlier. n NATURAL GAS FUTURES PRICE 2/22/2013: $3.291/mmBtu, up $0.138 from week earlier; up $0.670 from year earlier. n WEEKLY COAL PRODUCTION 2/16/2013: 19.399 million tons, up 0.431 million tons from week earlier; down 1.073 million tons from year earlier. n NATURAL GAS INVENTORIES 2/15/2013: 2,400 Bcf, down 127 Bcf from week earlier; down 242 Bcf from year earlier. n According to Martin Marietta Materials, in 2013 the company expects there will be significantly stronger new construction activity across the country. They are encouraged by various positive trends in our business and markets, especially as MAP���21 and other programs are implemented. CRUDE OIL INVENTORIES 2/22/2013: 376.4 mmbbl, up 4.1 mmbbl from week earlier up 35.7 mmbbl from year earlier. ROCKproducts ��� MARCH 2013 1

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