Pakistan: construction sector demands reduction in cement prices
The Association of Builders and Developers of Pakistan (ABAD) has called on the government to reduce the price of cement in country or to allow the importation of supplies from ...
Cement Prices
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India: UltraTech’s profits rise to US$109m for 1Q16
UltraTech Cement’s quarterly earnings statement for 1Q2016 show consolidated net profit growth of 10 per cent reaching INR7.23bn (US$109m) for the year to March, according to a ...
Lafarge Africa posts US$9.5m quarterly loss as price squeeze bites
Nigerian-based Lafarge Africa has seen revenues fall by 29 per cent to NGN52.4bn (US$263m) in the first quarter of 2016, leading the company to record an after-tax loss of NGN1....
Morgan Stanley: cement consumption to grow 4% YoY to 2020
New research from Morgan Stanley predicts that worldwide cement demand excluding China has turned a corner and will grow at an annualised rate of four per cent between 2016 and ...
China Resources Cement sees profits fall by 99%
China Resources Cement (CRC) has seen profits attributable to owners fall by 99 per cent to HKD6.6m (US$850,000) for the first three months of 2016 as compared to the same perio...
Pakistan: Builders hit out against high cement prices
The Chairman of Pakistan’s Association of Builders and Developers (ABAD), Hanif Gonar, has accused the country’s cement manufacturers of keeping prices artificially high. In a r...
Kazakhstan: Steppe Cement sales down as demand tumbles
Steppe Cement has seen sales and revenue fall in the first quarter of 2016 as the company predicts that demand in Kazakhstan will be 11 per cent lower this year than it was in 2...
India: Cement stocks rise as demand recovers
Indian cement manufacturers are set to continue the strong performance which has seen their stocks outperform the BSE Sensex by a factor of ten over the past month. In this peri...
Cement price dispute rages in Pakistan
The Pakistan cement industry and the Association of Builders and Developers of Pakistan (ABAD) are loggerheads with each other on the price of cement price.
Mexico: cement prices rise 6.7% in 2015
Cement prices in Mexico have risen 6.7 per cent in 2015, according to the National Institute of Statistics and Geography (INEGI). It is the highest price advance recorded since ...