Cement companies Andhra Pradesh operations continue to suffer due to lower realisations and lower demand in the state.The price of cement in the state has corrected sharply by 10%in last few weeks and is 25%down from the peak levels of Rs ...
Developers across the country get into outburst mode when cement manufacturers increase prices. They blame the cement cartel of pushing up construction costs. While manufacturers have insisted that cement price hike has only a marginal ...
Tags: industry trends, cement
The profits of the GCC s quoted cement companies increased by 27.1 l % during the first half of 2012 - another indicator that the region s construction market is improving. A new report by Kuwait s Global Investment House stated that the ...
Tags: market view, cement
Despite hawkish stance of Competition Commission of Pakistan and an oversupply of around 13 million tons in the sector,the Kohat Cement Company Limited(KOHC)has been aggressively pre-paying its long-term loans,which is not only decreasing ...
Tags: Kohat Cement capacity utilisation, Service, Construction&Decoration
Global Investment House (GIH) has said cement companies in Oman, which were hurt by huge inflows of cheap cement from UAE, are now recovering as the neighbouring country s firms divert exports to other regional markets and demand picks up ...
Tags: market view, cement
"I believe the short-term prospects for the industry appear bearish. Regardless, over the medium to long term, the sector offers good growth potential, " Kumar Mangalam Birla said in a statement released after the company s annual ...
Tags: market view, cement
In July, cement prices headed north in most States. Now they are heading south. The slide is marked in Andhra Pradesh, where a 50-kg bag has lost between Rs 20 and Rs 25. If the prices touched Rs 300 a bag in Hyderabad and Rs 320-330 in the ...
Tags: market view, cement, price
With the first half of 2012 experiencing favorable weather conditions, gains in residential and nonresidential construction activity and robust gains in cement intensities, the new forecast from the Portland Cement Association (PCA) nearly ...
Holcim Ltd. (HOLN) may receive a fine this year for price fixing in Brazil that is a third less than the maximum expected by the cement maker. Antitrust regulator Cade will probably issue a penalty of 20 percent of Holcim’s 2005 ...
Tags: market view, cement
With the substantial increase in China's cement industry production, the amount of sand and gravel also rose sharply. China's cement industry in the face of " Overproduction" Serious problem to find a way out, cement companies will enter ...
Tags: indsutry trends, cement, Impact Crusher
Long-term prospects for the UAE cement industry are bright due to growth in investment in infrastructure in the UAE, GCC and key foreign markets, the latest study by Dubai Chamber of Commerce and Industry finds. The UAE has the potential to ...
Tags: market view, cement, UAE
Oman Daily Observer reported that cement sector players in Oman are scaling up their production capacity to meet the ever rising local demand and also from the countrys export markets like Yemen and some East African nations. Till recently, ...
Tags: market view, cement, price
Ex-factory price of one cement bag was Rs179 in the year 2000-01, and now it stands at Rs370. Despite the rapid increase in input costs, cement prices increased only by Rs139 per bag. The compounded annual growth rate of cement prices was ...
Tags: market view, cement, price
Saudi Cement Company rose to the highest in more than three years after the producer of the building material said cement companies are in talks to sell as much as 600, 000 tonnes of extra clinker supplies. The shares advanced 1.8 per cent ...
Tags: market view, cement
According to the Al Eqtisadiah business daily, ministry inspection teams and police swooped in on businesses in Jeddah and other parts of the western region on January 5, arrested at least 14 people and seizing ten trucks. The raids ...
Tags: market view, cement, price