While it is true that cement prices have not seen the anticipated recovery yet, the easing of cost inflation pressures offers respite and bodes well for the sector s operating performance
Power and fuel costs are expected to remain elevated in the near term due to concerns about global supply while price hikes may not be sufficient to cover elevated costs, thereby adversely impacting margins
The outlook for the cement market in Latin America is deteriorating, according to Fitch Ratings. This is being blamed on softening demand in most marke.
Sindh Chief Minister Murad Ali Shah has stated that the provincial government would start building homes and other civil infrastructures for flood vict.