Cement price

Cement companies are expected to exit the March quarter (Q4FY22) with stable prices, despite strong seasonality in Q4. In the next quarter, Q1FY23, cement makers are expected to raise prices amid high cost…

SEREMBAN (23 March): The current rise in cement prices is due to rising prices of raw materials used in the manufacturing process, especially coal, in the international market, said Sharuddin Omar Hashim, CEO of Cement Industries of…

The Chamber of Cement Manufacturers of Ghana (COCMAG) has vehemently protested the government's reduction of the benchmark from 50% to 30%, saying it would lead to high production costs and affect cement prices.According to the Chamber, the…

Contractors have halted work on government-funded housing projects for months over cost overruns, despite claims there has been no 'price increase', the commission said on Thursday public accounts.Housing Secretary Dr Imran Zeb informed the…

Feb. 28 (THEWILL) - The Cement Manufacturers Association of Nigeria (CMAN) says efforts are in place to ensure that the price of cement is reduced, to make the product more affordable for citizens. The Association…

BUA appears to have singled out Dangote and Lafarge in the ongoing dispute over who is responsible for the country's skyrocketing cement pricesAfter a visit to Aso Rock, Abdulsamad, the chairman of BUA Cement, revealed to reporters…

* Says middlemen make a profit of N1000 per bag Deji Elumoye in Abuja Chairman of the BUA group of companies, Alhaji Abdul Samad Rabiu, blamed intermediaries and other cement manufacturers for the high price!-->!-->…

* Says middlemen make a profit of N1000 per bag Deji Elumoye in Abuja Bua Group of Companies Chairman and CEO Alhaji Abdul Samad Rabiu blamed intermediaries and other cement manufacturers for the high price of!-->!-->…

Dato Sim Kiang Chiok KUCHING (February 24): The recently announced cement price increase will undoubtedly have an impact on the construction industry, said Dato Sim Kiang Chiok, chairman of the Stakan branch of the Sarawak…

Cement prices have started to react to the lull in demand the industry is experiencing in domestic markets. After months of slow price increases, cement prices are slowly falling. Over the past month, the Pakistan Bureau of Statistics…

Industry James Emejo writes that the Federal Government must urgently address the intractable rise in the price of cement for the benefit of Nigerians and the economy Over the past two years, Nigerians have had!-->!-->…

James Emejo in Abuja The Federal Government has failed to curb rising cement prices in the country, despite earlier assurances to helpless Nigerians, THISDAY's findings reveal. The unit price of cement has!-->!-->…

News Tyrell Gittens Friday, December 17, 2021 Pennelope Beckles Minister of Housing and Urban Development and Faris Al-Rawi Attorney General and Deputy for San Fernando West hand over keys!-->!-->!-->!-->!-->!-->!-->…

Although it is not possible for the government to indicate what the price of cement will be in the local…

The government condemned the "unacceptable" cement price increases announced by a local manufacturer and announced several measures accordingly.In a statement, the Ministry of Commerce and Industry said that following TCL Group's…

Trinidad Cement Ltd (TCL) this morning announced an ex-works increase of around 15% in the price of the raw…

Trinidad Cement Ltd (TCL) announced yesterday morning an ex-factory increase of approximately 15% in the…

Despite the proximity to factories in Lagos, cement prices are skyrocketing in response to recent price hikes from manufacturers. While producers have attributed the increase to the high exchange rate, the…

Despite soaring profits for cement manufacturers in the country, the final price of the raw material has continued to rise over the past 18 months. This is despite manufacturers' assurances that they are ramping up production. Therefore,…

Mumbai: A sharp pullback in price increases in November due to weak demand and likely competition watchdog scrutiny continues to weigh on cement inventories, even as higher petroleum coke prices and coal are detrimental to profitability.…

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Retail cement prices are expected to rise again by an additional Rs 15-20 over the next few months and hit an all-time high of around Rs 400 per bag in this fiscal year, rating agency Crisil said in a statement on Thursday.…

Rising cement prices will aggravate inflation. The announcement of the cement price increase could not have come at the worst possible time as Sabah is just beginning to recover from the severe Covid-19 induced economic depression. The…

Kota Kinabalu: Sabah building construction players are still reeling from the full four-month lockdown from June 1 to September 30 due to the requirement of centralized working quarters (CLQ) by the standard operating procedure (SOP) of…

Henri tsen KOTA KINABALU (Nov 19): The latest cement price hike is likely to trigger another price hike for all building materials. Cement Industries (Sabah) Sdn Bhd announced on November 18 a price increase for bulk cement of RM 45.00 /…

Chennai: India Cements Ltd said on Wednesday the price of cement would rise as every cement factory faces "cost pressure" and the industry was suffering from the huge impact of rising coal prices."The rise in the cost (of coal) took…

CHENNAI: India Cements Ltd said on Wednesday that the price of cement would rise as each cement plant faces "cost pressure" and the industry suffers from the huge impact of the rising price of coal.“The increase in the cost (of coal)…

: India Cements Ltd said on Wednesday that the price of cement would rise as every cement plant faces "cost pressure" and the industry suffers from the huge impact of the rising price of coal. “The increase in the cost (of coal)…

Lafarge Zambia has reduced the price of cement by 5-10% from October 30,…

The large industry-wide increase represents a jump of about 16% and will take effect at the end of this year. It threatens to send a shock wave through construction, taking the annual increase to a record 30% on the year. An entrepreneur…

Express news service CHENNAI: Denying reports that the price of cement has risen 33% in Tamil Nadu, Industry Minister Thangam Thennarasu said on Saturday that the state government was taking action to bring it down.…

Over the next weekend, cement plants are expected to raise prices in South India by nearly Rs 25 per bag, people in the know told CNBC-TV18. It should be noted that over the past two weeks, prices have increased by something between Rs 30…

Ambika Sharma Tribune press service Solan, October 11 The price of cement is expected to rise along with the price of coal, which is a key raw material, increasing exponentially over the…

After Mauritius-based cement importer Kolos Cement Ltd lowered its retail…

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Cement prices are under pressure. Pan-Indian average prices fell 3% on a monthly basis in August. Rajneesh Kapoor, COO, JK Cement, shared the industry's perspective on the demand situation and price outlook.“Across the region, we saw…

• Professionals do not agree on profitability Apparently, to avoid the rising cost of cement in the building material markets, contractors and builders are adopting ready-mixed concrete in their construction…

Cement makers in Nigeria are adding an additional burden to future homeowners in the country amid high inflation by raising cement prices in response to overwhelming demand. BUA Cement, which at 2.421…

Alhaji Abdulsamad Rabiu, President, BUA Group Nigerians are angry that BUA Cement Plc, unlike previous assurances that it would not raise the price of cement, turned around by increasing the ex-works price of its cement product by N200 per…

The Raw Materials Research and Development Council (RMRDC) has revealed that it is working to boost the production of cement for infrastructure development, lower its price and create unemployment in Nigeria. BINTA SHAMA reports.The main…

The fall in the price of cement on the Mozambican market after Chinese…

Monday June 21, 2021 / 09:50 / BUA / Header image credit: Guardian Nigeria One of the 3 Nigerian cement giants, BUA Cement Plc said it has no plans to raise the price of its cement for the "foreseeable future" despite its main…

BUA Cement, Nigeria's second largest cement producer, has once again assured Nigerians that it will not raise the price of cement any further. This is the second time that BUA has reassured its customers in the past two months.…

Cement company BUA Plc has distanced itself from the recent cement price hike to the tune of N260 by Dangote Cement. According to BUA management, “We are compelled to release this statement following requests from our distributors and…

New Ria chaitram Saturday 12 June 2021 Photo file THE Prime Minister called on hardware stores to refrain from pushing up cement prices. Dr Rowley at a press conference at the St Ann's!-->!-->!-->!-->!-->!-->!-->!-->!-->…

THIRUVANANTHAPURAM: The price of cement in the state has increased to Rs 510. This is the first time that the price of cement has crossed Rs 500. The average price of cement is Rs 480. When…

New Elizabeth gonzales Wednesday, May 19, 2021 FILE PHOTO: Bags of Rock Hard Cement for sale at a hardware store in San Fernando. - Commerce Minister Paula Gopee-Scoon is calling on!-->!-->!-->!-->!-->!-->!-->!-->!-->…

Dangote Cement said it is increasing its production to fill the gap between cement supply and demand. Rabiu Umar, the new sales and marketing general manager of Dangote Cement Group, said so in Lagos during a meeting with reporters on…

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This week, we take a look at the price of Nigerian cement, which has…

BUA Cement, Nigeria's second-largest cement maker, has denied claims it plans to raise the price of cement. The company disclosed this in a statement Sunday. It comes after reports that the costs of building materials have…

Recent media reports have claimed that Dangote cement is cheaper in some African countries than in Nigeria, where the company operates and raw materials are mined. For example, a key online media outlet in Nigeria reported that Dangote…

Deploring the disinformation in some quarters, the management of Dangote Cement Plc yesterday denied any form of price increase, adding that the product of its factories and factories nationwide…

The management of Dangote Cement Plc has clarified that the price of a bag of cement from its plants and plants across Nigeria (as of 12 April 2021) is N2,450 in Obajana and Gboko, and N2,510 in Ibese, Taxes included. The…

By Binta Jaiteh GACEM said its cement price remained stable at D285 per bag (of cement) despite the sharp increase in cement prices across the country. The rise in cement bag prices in recent days has sparked a public outcry, but the…

Investors in cement stocks can breathe a sigh of relief now that the long-awaited price increases have occurred. It was feared that input cost inflation would soon begin to erode the industry's operating margins without…

As Assam gears up for elections, the infamous Northeast "cement union", which is accused of rampant "cartelization" and market manipulation, has raised retail prices for cement. A retail market survey,…

As Assam gears up for elections, the North East's infamous 'cement syndicate', which is accused of rampant 'cartelization' and market manipulation, has hiked retail cement prices. A retail market survey undertaken by the…

Coimbatore: Eight district construction associations are reportedly protesting against the abnormal rise in steel and cement prices on Friday by boycotting the work. About 10,000 small and medium builders and contractors and over 50,000…

Market regulators attacked a sophisticated pricing system in the cement industry in east China's Shandong Province, fining eight companies a record 228 million yuan (35.4 million) for having violated the anti-monopoly law. A…

An infamous "union" is engaged in rampant "cartelization" to "manipulate" the market price of cement for fleece buyers in Assam and other northeastern Indian states. Pranab Kumar Sarma, President of Assam…

Adeniyi Adebayo By James Emejo The federal government deplored yesterday the rise in the price of cement in the country. He attributed the high cost of the product to production issues, adding that he is!-->!-->…

TRINIDAD Cement Ltd said yesterday that the Claxton Bay cement producer has not announced any increase in…

Posted December 24, 2020 Femi Asu, Ife Ogunfuwa and Temiloluwa O'Peters The inability to meet market demand for cement, coupled with the low production volume of large cement companies in Nigeria, pushed prices up 35%. An…

Meghalaya Industries Minister Sniawbhalang Dhar on Wednesday threatened to take "tough action" if allegations of a "disparity" in cement prices between Assam and Meghalaya were true. Topcem Cement, which…

FILE PHOTO: Bags of cement The Nigerian Building Institute (NIOB) sounded the alarm on Sunday that rising cement prices from 2,600 N for a 50 kg bag to 3,500 N would lead to a deterioration in quality in the construction industry. She also…

By The Citizen Reporter Dar es Salaam. PRhyme Minister Kassim Majaliwa yesterday ordered the Ministry of Industry and Trade to set ceiling prices for cement in a deliberate attempt to curb what he called random price increases…

Majaliwa issued the order here yesterday shortly after being sworn in by Speaker John Magufuli for his second term in the Chamwino State House, saying the CRs had four days to report to him. For the past month, there have been reports of a…

Mtwara - DANGOTE Cement in Tanzania has apologized to the government for not communicating to the public the temporary closure of its factory for maintenance reasons, which has pushed up prices across the country. Mtwara regional…

By Sami Zaptia.Monopoly supply and war mongering have led to unprecedented increases in cement prices, weakening Libya's reconstruction efforts (File photo: Sami Zaptia).London, August 4, 2020:The price of local cement has risen to more…

DTI urged to take action Consumer advocacy group Laban Konsyumer Inc. (LKI) has expressed concern over recent cement price spikes and urged the Ministry of Trade and Industry to investigate with the aim of regulating and…

Ethiopia's Ministry of Trade and Industry said the price of cement has stabilized in recent days thanks to regulatory measures taken by the ministry. The price of cement, which has nearly doubled to around 450 birr (about $ 13!-->!-->…

NASHIK: Lack of manpower is not the only problem giving urban builders sleepless nights, the 30% rise in the price of cement and other raw materials is also adding to their woes. According to the Confederation of Real Estate Developers…

CHENNAI: In another setback in the construction sector, which is faltering under the lockdown, cement manufacturers raised their prices in the retail market to Rs 100 per bag on Tuesday. The move reignited support for a long-standing demand…

More than the issue of migrant workers wanting to return home, what worries builders and property developers more is the supply of material components for their projects.“The majority of construction workers who stay on our project sites…

KARACHI: The government is said to have taken note of the 50 rupee price hike in cement bags by manufacturers in the northern zone in anticipation of the immediate activation of the government incentive program for the construction sector.…

PETALING JAYA (February 13): The government should explain how the double-digit rise in construction raw materials happened if cement prices did not rise, said MCA chairman Datuk Seri Dr Wee Ka Siong. “After checking the Producer Price…

The Competition and Consumer Protection Commission (CCPC) says it is investigating the sudden increase in cement prices in the local market.In a statement to News Diggers !, CCPC public relations manager Rainford Mutabi said the Commission…

A surge in prices for building materials in China suggests that Beijing's stimulus measures have been successful in boosting construction activity, but raises concerns that the country is embarking on more white elephant projects.…

The cement industry has also faced the heat in recent months with the property slump in Srikakulam district, which once witnessed rapid construction activity, thanks to the cascading effect of the unavailability of sand. Although the…

The Ministry of Commerce has asked the Bangladesh Tariff Commission to investigate the reasons for the recent rise in the prices of wire and cement, two essential raw materials for construction. The directive came at the monthly…

The retail price of each 50kg bag of cement has increased slightly by 12%, or Tk 50, to Tk 460-470 - a development that will drive up construction costs, whether it's megaprojects from the government or private buildings. The…

KUALA LUMPUR: The price of cement, which has been falling since 2016, is not the cause of the rise in house prices during the period, the Cement and Concrete!-->…

KUALA LUMPUR (Reuters) - The price of cement, which has been falling since 2016, is not the cause of the rise in house prices over the period, the Malaysian!-->…

Brokerages remain cautious about the cement sector as the price increases that started in April have not been sustained. Weak demand and the onset of the monsoons suggest that the moderation in prices should continue and that margins could…

PETALING JAYA: The Consumers Association of Penang (CAP) has called on the Ministry of Domestic Trade and Consumer Affairs to stop cement traders from imposing a price increase on the item. The cement is listed as a "planned control…

Ministries face a cement price hike of more than 50% Posted on: Monday, June 17, 2019 By: Bernama Text size: GEORGES CITY: The Ministry of Finance and the Ministry of Internal Trade and Consumer Affairs (KPDNHEP) will…

KUALA LUMPUR (17 June): The Johor Master Builders Association (JMBA) today warned of an impending 50% rise in cement prices which will jeopardize government initiatives to promote home ownership affordable by reducing housing prices. In a…

NEW DELHI: Transport and MSME Minister Nitin Gadkari criticized cement manufacturers on Tuesday for raising prices without justification. “The input costs have not increased for cement. The rise in prices is not justified and the cement…

Cement prices have come under immense pressure in recent months, mainly to the south due to increased competition as construction demand has fallen significantly. Cement companies, especially in the north, rushed to the market to sell…

Express news service Real estate developers have started to feel the heat, with cement manufacturers announcing another price hike starting April 1. The promoters claim that this would negatively impact their profit…

Cement prices across most of India rose in February, but eastern India was the exception. A check of the distribution channel by Kotak Institutional Equities Ltd showed that cement prices in this region had instead…

A group of CONSUMERS on Monday called on the government to put in place a cement price cap to control manufacturers while a biased policy against imports is in place. The President of Laban Konsyumer Inc., Victorio Mario A.…

Vijayawada: Only 20 cement factories are imposing conditions on the industry and controlling prices nationwide, the Confederation of Property Developers' Associations of India said on Thursday, demanding that the government impose a…

VIJAYAWADA: After the Builders Association of India (BAI), the Confederation of Real Estate Developers Association of India (CREDAI) has embarked on the path of war due to an unprecedented rise in cement prices. On Thursday, the CREDAI…

Visakhapatnam: The sudden rise in cement prices in the two Telugu states over the past five days has caused an uproar in the construction and property sectors. Construction industry representatives are urging governments to crack down on…

Despite a strong increase in demand, the growth rate of cement prices is expected to stagnate around 3-4% for the current fiscal year due to an oversupply situation. Although market consolidation, especially in North India, is in…

APO CEMENT CORP. announced it would raise the price of its cement products…

BUA Cement may soon shake up the cement industry by reducing the price of its product. This is according to Mr. Nasir Ladan, the Managing Director in charge of BUA South-South. Mr. Ladan made the revelation when he addressed the…