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TCMA responds to concerns over upcoming price hike

03 January 2019, Published under Cement News

The Turkish Cement Manufacturers' Association (TCMA) has responded to concerns raised by the Construction Contractors Confederation (İMKON) regarding a price hike of 40 per cent on cement products. "Despite the cost increases, our sector will not boost prices as high as 40 percent, just to stay within the scope of the overall anti-inflation program," said Nihat Özdemir, chair of Limak Holding and president of the TCMA. Regarding the alleged 40 per cent price hike, İMKON had stated that c...