Dangote defends Nigerian cement prices
Dangote Group’s Executive Director, Devakumar Edwin, has confirmed that its ex-factory price for bagged cement in Nigeria is between NGN2450 (US$6.43) in Obajana and Gboko and N...
Cement Prices
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Messebo Cement resumes operations
Ethiopia’s Messebo Cement has now resumed production after suspending operations for four months due to fighting in the area. Melaku Alebel, Minister of Trade, has confirmed tha...
Ghana reports cement price increase
Ghana has reported a small rise in cement prices due to an increase in the cost of imported clinker in recent days. A bag of cement which was earlier sold for GHS38 (US$6.62) is...
Two Indonesian producers expect 3-4% cement volume increase in 2021
PT Semen Indonesia (SMGR ) and Indocement Tunggal Prakarsa (INTP) expect domestic cement volume to grow 3-4 per cent YoY in 2021. This could be achieved through a recovery in bu...
Indian demand picks up as industry awaits improved prices
Cement demand in India is improving, but prices have not recovered as yet, according to Motilal Oswal Financial Services (MOFS). Demand has been robust in February, led by the c...
Steppe Cement sees revenue up 1% in 2020
Kazakhstan’s Steppe Cement has reported a one per cent increase in revenue to KZT30.96bn (US$73.59m) in its preliminary update for 2020. However, cement sales volumes declined 4...
Coal prices force up cement hikes in northern Pakistan
Persistent price hikes for cement in nothern Pakistan have resulted from higher coal prices. Cement prices in north Pakistan rose by PKR10 (US$0.062), to reach retail prices of ...
Manufacturers to offer discounted cement for Nigerian housing project
Nigeria’s cement manufacturers have agreed to discount cement prices for the construction of houses under the federal government’s Economic Sustainability Plan (ESP). "They have...
Nigerian cement price hike causes concern for building standards
The Nigerian Institute of Building (NIOB) has said the significant rise in cement prices in the country and the low purchasing power of Nigerians may result in a danger to build...
Southern India sees boost in cement prices
Cement prices in southern India have advanced around 18 per cent YoY to INR393/bag (US$5.3) in the 3QFY20-21, according to Motilal Oswal. On a QoQ basis, prices are flat as hike...