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Low demand high supply bring cement prices downIt’s apparently uncertain times ahead for the Indian cement industry with significant oversupply and lower-than-expected demand looming large. Adding to the woes, says an analyst, are the general...News - 17 March 2004 |
No takers in sight for CemcorpThe Indian government’s renewed attempts to privatise the ailing Cement Corporation of India (CCI) has come to naught with no bids being received for the company’s nine cement plants. Only two cem...News - 16 March 2004 |
Indian construction sector strike?Three real estate developer associations have called for a nation-wide strike on March 15 this year, in protest against the recent hike in cement and steel prices; they have also demanded that the...News - 15 March 2004 |
Cement and flyash productsIndian cement companies are trying to woo builders to use flyash-based products, which are considered to be more eco-friendly. The companies of the likes of Grasim, ACC, and L&T, are holding host ...News - 12 March 2004 |
ACC sales growthAssociated Cement Companies Ltd (ACC) India’s second largest cement maker, expects revenue to grow 11 per cent in the current financial year, due to strong demand. "Our revenue growth would be in ...News - 10 March 2004 |
Gujarat asks cement firms to cut pricesTo keep the feel-good factor going, Gujarat government has asked cement manufacturers in the state to reduce price of the commodity by Rs10 a bag. In other parts of the country also, manufacturers...News - 10 March 2004 |
Cement projects plannedIndia: possible number of small cement projects mooted for Idia’s north east region, particularly in Manipur as the seventy per cent of the cement used in the region has been procured from other st...News - 05 March 2004 |
Dalmia Cement to set new plantDalmia Cements Bharat is to set up a brownfield cement manufacturing unit at Dalmiapuram, Tamil Nadu, at an approximated cost of Rs365 crore (US$80m). This is part of the company’s expansion proje...News - 04 March 2004 |
Towards the doldrums ?Contrary to last week when all dry bulk markets were on their way up, rates have experienced a rather severe correction especially since the middle of the week. With a lack of activity in the Atla...News - 02 March 2004 |
Larsen & Toubro says Feb shipments upLarsen & Toubro Ltd, India’s No 2 cement maker, said on Monday total shipments of cement and clinker in February rose 6.6 per cent from a year earlier to 1.35Mt. Cement shipments, including export...News - 02 March 2004 |