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Cement price
Despite increased income for manufacturers, the price of cement hovers above 4,000 naira per 50 kg
DDespite the launch of BUA's 3 million metric ton cement plant in January and increased revenues for major cement manufacturers in the country, the price of cement per bag has continued to hover above 4,000 naira.
The product's…
Cement price rises to 73¢ as manufacturers blame cedi depreciation
The price of a 50 kilogram bag of cement has been increased by manufacturers, effective August 30.
Joy Business audits revealed that all major manufacturers have adjusted their prices!--p>…
Cement price of 50 kg bag slips below Rs 300
business officeCement prices have been falling for a few weeks as the product is not in demand due to the rainy season. Prices which soared in April-May have now fallen to their lowest level for the season.On Tuesday, a 50kg bag of…
The price of cement falls to a level of Rs 350-360/per bag
business officeConstruction work at many sites has come to a standstill due to unrelenting rains in the region over the past few weeks, which has impacted demand for cement and steel and ultimately depressed prices for these products.…
Rising cement price takes top companies’ revenue to 1.18 billion naira – The Sun Nigeria
By Chinwendu ObienyiWith marginal increase in cement prices this year, revenues of the three major cement manufacturing companies in Nigeria increased by N1.18 trillion in the first six months of 2022.The three cement companies include;…
From cement price of 4,200 naira to 420,000 naira for iron rod, how inflation, government policies…
Nigeria's inflationary pressure and weak government policies are slowing down mortgage business in the country, Living Trust Mortgage Bank Managing Director Adekunle Adewole said.
The MD said this at an event, “Facts Behind the Figures –…
From Cement Price of 4,200 Naira to 420,000 Naira for Iron Rod, How Inflation and Government…
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Disruptions in global supply chain are driving up cement prices, trade minister says
He attributed the costs to the disruption of the global supply chain initially caused by the COVID-19 pandemic and then by the Russian-Ukrainian conflict.
Mr Kyerematen said this on the floor of Parliament in response to a question from…
Disruptions in global supply chain are behind rising cement prices, says trade minister
He attributed the costs to the disruption of the global supply chain initially caused by the COVID-19 pandemic and then by the Russian-Ukrainian conflict.
Mr Kyerematen said this on the floor of Parliament in response to a question from…
Ghana: Global supply chain disruptions cause cement prices to rise – Trade Minister
Trade and Industry Minister, Mr. Alan Kwadwo Kyerematen, said the current rise in cement prices was due to the cost of clinker and the cost of transportation charges.
He attributed the costs to the disruption of the global supply chain…
State Signs Memorandum of Understanding with Stakeholders to Regulate Cement Price –
Addis Ababa, June 2, 2022 (Walta) – Oromia State has signed a Memorandum of Understanding with different stakeholders to regulate the price of cement products by breaking illegal processes in the production and marketing chain.
Oromia…
Rise in the price of cement again on alert…
Rise in the price of cement again alert!!!...Cement prices are starting to touch the sky every year and this year there has once again been a huge increase in cement prices amid unfavorable economic conditions. In such a situation, if you…
BUA blames intermediaries for high cement price
While FG leases a capacity of 17 million tons
Nigeria's second largest cement manufacturer, BUA Cement, has revealed that the activities of middlemen are responsible for the current high cost of cement in the country.
Managing Director…
The rise in cement prices continues; South sees slightest increase: IIFL Securities
Average price of cement across India increased by Rs 25-30 per 50kg bag or 8.1% month-on-month (MoM) in April 2022, reaching its all-time high its lifespan. The price increases taken by…
Lower demand leads to lower price of rods and cement
The prices of rod and cement, two key construction materials, have started to fall on the back of falling demand, providing relief to contractors on different government projects.
When the economy was returning to normal after…
The high price of cement hits the real estate sector
Despite the presence of many regional manufacturers, cement is becoming more and more expensive in Tiruchi
Despite the presence of many regional manufacturers, cement is becoming more and more expensive in Tiruchi
Fluctuating prices…
It’s too early to be happy about rising cement prices
Bombay : Investors in cement stocks can breathe a sigh of relief. The necessary price increases have taken place. In April, cement prices were up about 5% from March at the India-wide level, channel checks from…
Block moulders denounce the rise in the price of cement
the The Association of Block and Concrete Producers, Enugu State Chapter, denounced the continued increase in the prices of cement and other materials used for the production of blocks.
The President of the Eastern Association of Block…
Cement price hike in April to help industry cope with input cost pressure
Cement price hike in April to help industry cope with input cost pressurePhoto: iStockHIGHLIGHTSCement companies will raise prices by Rs. 20- Rs. 40/Rs. 50 per kg bagCost pressures (higher fuel prices) driving up pricesStrength in cement…
Mixed Cement Price Outlook for Eastern India
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…
Rise in cement prices due to rising raw material prices, according to CIMA
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…
Cement companies hint at an increase in cement prices if the reference value is not maintained
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…
Rising steel and cement prices halt construction of government housing project
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…
“We are working hard to reduce the price of cement” – CMAN
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…
Cement price to rise further as BUA blames Dangote, Lafarge and others for high cost as they rake…
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…
Rabiu blames intermediaries and other manufacturers for the high price of cement
* 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!-->!-->…
High price of cement: BUA boss blames intermediaries and other manufacturers
* 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!-->!-->…
Skyrocketing cement price will impact construction industry, SUPP official says
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 price in Pakistan increased by 26.5% under PTI scheme
ISLAMABAD, Pakistan: The National Assembly has been told that the price of cement has increased by 26.5% during the tenure of the current Pakistani-led Tehreek-e-Insaf (PTI) government.
Citing Pakistan Bureau of Statistics (PBS) as a…
Cement Price Stability – BR Research
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…
The uncontrollable rise in the price of cement
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!-->!-->…
Despite FG’s assurances, the price of cement is soaring unabated
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!-->!-->…
Government assesses rising cement prices
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!-->!-->!-->!-->!-->!-->!-->…
Imports to Counter Cement Price Rise of 15% | Local company
Although it is not possible for the government to indicate what the price of cement will be in the local…
Rising TCL cement prices put a strain on the construction sector
New
Ria Chaitram
Tuesday, December 14, 2021
A 42.5 kg bag of TCL Premium Plus goes from $41.39 to $46.56 from December 20. - Photo by Angelo Marcelle
The Trinidad and Tobago!-->!-->!-->!-->!-->!-->!-->!-->!-->…
Government condemns “unacceptable” cement price increases, takes action
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…
TCL Raises Cement Price 15 Percent, Government Responds | Additional news
Trinidad Cement Ltd (TCL) this morning announced an ex-works increase of around 15% in the price of the raw…
TCL raises the price of cement by 15% | Local company
Trinidad Cement Ltd (TCL) announced yesterday morning an ex-factory increase of approximately 15% in the…
[UPDATED] TCL announces a 15% increase in the price of premium cement
New
Cherisse L Berkeley
Monday, December 13, 2021
FILE PHOTO: TCL Premium Plus Cement Bags. -
THE Government, through the Ministry of Trade and Industry, has responded to news that!-->!-->!-->!-->!-->!-->!-->!-->!-->…
Why the price of cement is the highest in the Kano and Lagos markets | The Guardian Nigeria News
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…
Cement price soars as coys report record profits
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,…
cement: lower price increases, rising input costs cloud outlook for cement
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.…
Business News | Stock market and stock market news | Financial news
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Cement price set to rise by Rs.15-20 per bag, says Crisil
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.…
Higher cement prices – what is the IEC for | Daily Express Online
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…
Concern over rising cement prices | Daily Express Online
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…
Cement prices on the rise, building materials will also cost more
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 /…
N Srinivasan, MD, India Cements, Energy News, ET EnergyWorld
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…
N Srinivasan, MD, India Cements, Real Estate News, ET RealEstate
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)…
Cement Price Will Rise As Coal Price Rises, Says India Cements
: 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 cuts cement price by 5-10%
Lafarge Zambia has reduced the price of cement by 5-10% from October 30,…
Industry will be hit by 16% cement price hike
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…
TN government denies accusation that cement price rose 33%, says new TANCEM brand will reduce it…
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.…
The price of cement increases in the Southwest
THE price of cement has risen by around 600 naira in many southwestern towns, the Nigerian Tribune can authoritatively report.
Audits by the Nigerian Tribune in the states of Lagos, Ogun, Oyo, Ondo, Ekiti, Kwara and Osun revealed…
Fresh cement prices likely to rise as production increased 44% in past 5 months
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…
Coal crisis: the price of cement will rise: The Tribune India
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…
Lafarge Mauritius and Kolos lower the price of cement
After Mauritius-based cement importer Kolos Cement Ltd lowered its retail…
Amazon’s $ 299 9th gen iPad and $ 459 iPad mini 6 end price war with Walmart
AppleInsider is supported by its audience and can earn commission as an Amazon Associate and Affiliate Partner on qualifying purchases. These affiliate partnerships do not influence our editorial content.…
Jk Cement Sees Cement Price Increase in H2fy22; expects Co’S volumes to beat industry growth…
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…
Builders and contractors scramble for ready-mixed concrete as cement prices rise | The Guardian…
• 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…
More difficulties for Nigerians as BUA joins Dangote in raising the price of cement
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…
Anger as BUA turns around to raise the price of cement
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…
Shareholders attribute cement price increase to naira devaluation | The Guardian Nigeria News
As BUA Revenue Hit N209.4 Billion
Shareholders blamed the continued rise in the price of cement on currency devaluation, calling on the government to create a better operating environment and incentives to…
BUA finally raises cement price to N3,000
A few weeks after raising the hopes of its customers, BUA Group finally raised its cement price by N200.
There has been a spike in cement prices across the country as manufacturers try to pass on the high cost of production to…
The RMRDC develops a strategy to reduce the price of cement and create jobs
The Raw Materials Research and Development Council (RMRDC) has revealed that it is working to boost the production of cement for infrastructure development, reduce its price and create jobs in Nigeria. Reports by BINTA SHAMA.
The…
RMRDC formulates strategy to lower cement price and create jobs – Blueprint Newspapers Limited
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…
Falling cement prices in Mozambique depend on the economy
The fall in the price of cement on the Mozambican market after Chinese…
No plan to increase the price of our cement
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…
Again, BUA Cement insists that there is “NO further increase in the price of cement”
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.…
BUA company distances itself from N260 rise in cement price
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…
PM hits “greedy” companies for rising cement prices
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!-->!-->!-->!-->!-->!-->!-->!-->!-->…
Sellers create artificial inflation in the state by using lockdown; price of cement higher than Rs…
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…
Trade Minister to investigate cement rush and price gouging
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!-->!-->!-->!-->!-->!-->!-->!-->!-->…
Cement prices: We are strengthening supply, says DangoteCem
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…
Rising cement price due to cost of production – Manufacturers
Economic news for Tuesday, May 11, 2021
Source: classfmonline.com
2021-05-11
Recent increases in building materials, including cement and iron rods, have many concerned
The Chamber of Cement Manufacturers of Ghana reported that the…
The cement price problem in Nigeria
This week, we take a look at the price of Nigerian cement, which has…
Cement price increase: no price increase plan – BUA
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…
BUA denies cement price hike, accuses retailers of exploiting loopholes | The Guardian Nigeria News
• Surveyors denounce the high cost of construction materialsOne of the main manufacturers, BUA Cement Plc, said it has not and does not intend to raise the price of the product except in unforeseen…
Construction costs weighed down by rising cement prices
The price of each 50-kilogram bag of cement has increased by around 12%, or 50 Tk, from 450 to 460 Tk - a development that will drive up construction costs, be it development projects government or private buildings. .
The price…
Persistent rises in cement prices worry construction players
Share this with more people!Construction industry players in the Eastern region have expressed concern over continued increases in cement prices and called for national action to curb the trend.
According to experts, the…
Senate asks FG to provide loan and tax incentives to new investors
The Senate on Tuesday called on the federal government to provide more industry incentives and protections such as offering concessional loans and greater tax incentives for new cement entrants.
This, the lawmakers said, is to…
Explanation: What You Need To Know About Dangote Cement Price
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…
Soaring cement prices in the Southeast
A Dangote cement trailer with 600 bags originally sold at N1.5m in 2020 but is now N2.3m in Q1 2021.
Cement prices have risen by 67% in the southeastern states of Abia, Anambra, Ebonyi, Enugu and Imo, the News Agency of Nigeria (NAN)…
Dangote bemoans disinformation, denies rising cement price – Nigeria – The Guardian…
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…
Dangote: Price of cement from our factories is between N2,450-2,510 per bag including VAT
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…
Cement price remains at D285 despite recent price spike
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…
Cement price hikes welcome, but offer only a short-term cushion
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…
Cement “union” raises the price of cement in Assam
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,…
Cement ‘union’ raises cement price in Assam
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…
Builders Protest Rising Steel and Cement Prices | Coimbatore News
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…
Chinese regulator destroys cement pricing cartel
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…
Reduced cement price to stimulate the market
Against the rising price trend, ButraHeidelberg Cement (BHC), the producer of Brunei Cement, has instead taken the initiative to reduce the price of cement in the country.
As the only local cement manufacturer, BHC consistently supplies…
The infamous ‘union’ cartels and manipulates the price of cement in Assam
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…
FG attributes rising cement price to production challenges
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!-->!-->…
TCL: No increase in cement prices in the short term | Local news
TRINIDAD Cement Ltd said yesterday that the Claxton Bay cement producer has not announced any increase in…
Rock Hard predicts skyrocketing cement prices | Local News
CEMENT's importer, Rock Hard Cement, predicts that the price of the commodity could increase by more than…