Cement News tagged under: IRCA
India: IRCA suggests challenging times for Indian producers21 November 2013, Published under Cement NewsIndia's cement producers profits are under pressure as raw material and fuel costs rise, and delays in construction projects tighten margins. Ratings Agency IRCA point out that cement prices are also subdued and that these are challenging times for the domestic industry as demand and rates remain under duress. "The outlook for cement industry continues to remain challenging with both demand and prices continuing to remain under pressure. Domestic production grew by a modest 3.9 per cent du... |
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