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Cement firms get a grip on profitability, but not price

Competition is up with the addition of new capacity, but cooling input costs have helped.Prices have tended to be weak in times of strong demand and high clinker utilization ....

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Cement firms hope for better demand, price after dismal Q2

Pickup in cement demand and sustenance of price hikes are key to earnings improvement, analysts said. ....

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Cement firms at war over taxes on key raw material

THE STANDARD
By
Macharia Kamau |
April 3rd 2021 at 09:00:00 GMT +0300
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ultratech cement: UltraTech's show, bright outlook cement confidence in the sector

Analysts were quick to latch on this as they saw a clear correlation between the managements statements and the falling unsold inventory of cement overall. ....

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Need to place regulator as big street, cement firms operating as a cartel: Gadkari

Need to place regulator as big street, cement firms operating as a cartel: Gadkari
India
Published: Monday, January 11, 2021, 11:33 [IST]
Mumbai, Jan 11: Big players in the steel and cement industry are indulging in cartelisation to jack-up prices, Union Road Transport Minister Nitin Gadkari has said, pitching to place a regulator for the sectors.
It will be difficult to achieve Prime Minister Narendra Modi s dream of making India a USD 5 trillion economy if the steel and cement prices keep going up, Gadkari said, pointing out the target of investing Rs 111 lakh crore on infrastructure projects in the next five years to aid the economy. ....

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