The day after tomorrow, the Ministry of Land, Infrastructure and Transport and the Ministry of Industry held a joint meeting… Listening to industry concerns
(Sejong = Yonhap News) Reporter Dong-gyu Kim = The government has started preparing countermeasures such as diversification of import sources as the situation of supply and demand for cement has become unstable due to the recent surge in bituminous coal prices.
The Ministry of Land, Infrastructure and Transport issued a press release on the 30th and said that related ministries are working together to prevent this from happening, saying that there are concerns about disruptions in cement production amid the recent international supply shortage of bituminous coal and construction work disruptions due to instability in the supply and demand of construction materials.
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The Ministry of Land, Infrastructure and Transport explained that it is continuously monitoring the supply and demand of bituminous coal and the production and shipment of cement and ready-mixed concrete through related industries, seeking countermeasures to increase production, and quickly identifying and resolving difficulties in the industry.
He added that, in order to stabilize the supply and demand of bituminous coal, the proportion of imports from Russia is gradually reduced and import sources such as Australia are being diversified.
The Ministry of Land, Infrastructure and Transport currently has about 700,000 tons (tons) of cement in the country, and it is understood that there is room for production capacity compared to domestic demand.
The Ministry of Land, Infrastructure and Transport emphasized that it plans to frequently identify construction sites where there is a risk of disruption to construction due to a lack of cement through the Construction Association, and respond in a timely manner to prevent the spread of damage.
The Ministry of Land, Infrastructure and Transport also decided to conduct an emergency inspection of cement and ready-mixed concrete manufacturing sites jointly with related ministries to understand the exact situation.
Meanwhile, the Ministry of Land, Infrastructure and Transport announced on the 28th that it had sent ‘Guidelines for handling work contracts related to construction contracts to respond to uncertainties in the supply and demand of construction materials’ to related ministries and local governments.
In this official document, the Ministry of Land, Infrastructure and Transport said, “In the case of a contract based on a ‘standard contract’ among private construction projects, it is stipulated that the contract amount should be adjusted according to price fluctuations.” He asked for cooperation from related industries so that the construction would not be stopped due to conflicts between the two.
The Ministry of Land, Infrastructure and Transport also plans to hold a meeting with the Ministry of Trade, Industry and Energy on the 1st of next month in which the cement and ready-mixed concrete manufacturing industry and the construction industry participate to listen to the industry’s difficulties and discuss countermeasures.
An official from the Ministry of Land, Infrastructure and Transport said, “We will respond in close cooperation with the industry and related ministries to minimize damage caused by disruptions in cement production.”
dkkim@yna.co.kr
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2022/03/30 19:36 Send
