Concrete or Cement, Same Stuff?

Actually cement is that fine powdery stuff, and concrete is when you add water, a bunch of rocks and stir, don't shake. If you just call everything cement, no one gives a rat's arse anyway. Our economy need a lot of the stuff, and you can read about Cement Producers here. Here is a sample:

Three out of every five dollars spent on aggregates are consumed by public works projects such as highways. Look for more orange cones in the years ahead: In July Congress approved a pork-laden federal transportation bill worth $286 billion through 2009--a 30% increase over the previous six-year package. Flush state budgets, particularly in California and Texas, also bode well for highway spending. [The person quoted] also sees new demand for aggregates in a potential pickup in office and factory building, which, in contrast to the housing boom, have been dormant and could offset any deflating of the housing bubble.

Pay attention to the Rinker Group, ticker RIN, an Australian ADR. It has a low volume of trading on the NYSE, but the volume is very high on the Australian Exchange, so arbitrage will keep Australian Dollar bids in line with US Dollar bids. Here is the Yahoo data on the other producers mentioned, including a bonus for SeekFact readers, Eagle Materials. [ * This post for entertainment only, SeekFacts is not an investment advice blog ] Tag:stocks