Concrete Shortage Wood, Daniel B. Term Paper

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The new plant will help fill some of the gaps in production but more supply will still be needed to avoid major profit losses. The federal government is also considering lifting the ban on Mexican cement imports, which were squelched due to unfair competition with American businesses.

The cement shortage requires a multifaceted solution. Building more domestic plants is an important way to ease dependence off China, which because of its booming economy and population is more likely than not to continue cutting exports to the United States.

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Investigating alternate sources of cement such as supplies in Central and South America might also alleviate some of the costs associated with the shortage. As the American economy and housing market have hit a recent downturn, the need for cheaper building materials is even more important than it was when the cement shortage first became a problem......

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