Pakistan running at lowest utilisation in eight years – report
With capacity utilisation of cement industry at its lowest since 2003-04 at 74.86 per cent, the sector posted a decline in production of 8.71 per cent in the first 10 months of the current fiscal. Exports declined 12.99 per cent during the same period, according to data from the All Pakistan Cement Manufacturers Association.
The country produced 25.72Mt of cement during July-April 2010-11 while local consumption stood at 18.06Mt, 6.76 per cent less than consumption during the corresponding period of last year. Exports stood at 7.65Mt against 8.64Mt during the same period of 2009-10.
