Prices remain unchanged until spring, Romania

Prices remain unchanged until spring, Romania
29 January 2009

Lafarge, Holcim and Carpatcement Holding are keeping cement prices in Romania at the same level, whereas brick, ACC and reinforcing steel manufacturers have operated price cuts of 10-15% due to the consumption decline.

Cement manufacturers say, however, that they may adjust prices in spring, if demand continues to fall.

At the end of last year the price of cement went down as much as 50%, from a record high of EUR140/t in the summer, but only distributor prices, as they had to sell the large stocks accumulated following the reduction in consumption.

Published under Cement News