Page 2 - Cement Demand

Cement demand expected to decline by 10-15% in Q2 2020: India Ratings

Rural demand will continue to outperform urban demand and companies having higher individual home builder exposure will remain better placed

After three price corrections, cement firms wait for hikes in Sept, Oct

Shree Cement, trading at highest valuations, is most vulnerable with demand under pressure and costs rising

Cement demand could not be sustained due to Covid-19 pandemic: K M Birla

Birla informed shareholders that cement demand for most of FY2020 was sluggish, with improvement expected December onwards

Firm realisations, cost control boost ACC's June quarter performance

Improvement in per tonne profitability, despite sharp fall in volumes due to lockdown, may lead to earnings upgrade

Cement demand likely to shrink by up to 25% in FY21 due to lockdown: Icra

While rural housing and infrastructure projects in remote areas would support cement consumption, urban-led demand is headed for a slowdown

Cement's strength will be tested if demand, volumes fail to pick up

Firm realisation and lower costs bode well for profitability

Covid-19 impact: Demand collapse derails infra, services sectors' growth

While a slowing economy had led to deceleration in demand, the lockdown has increased the pain, besides resulting in labour shortages and delay in project execution

After a weak April, cement demand to fall by 10-12 per cent in FY21

Experts say that the cement demand during the first quarter of the financial year is typically led by housing (60-65 per cent), followed by infrastructure segment (20-25 per cent).

Coronavirus impact: Cement sector to see double digit dip in volumes

For the cement sector, recovery would be prolonged by the depressed real estate sector, muted spends on Pradhan Mantri Awas Yojana (Urban) and lower Capex (capital expenditure) by the government

Cement companies rush to eastern India to seize upon demand uptick

In the recent past, demand remained muted in north, central and western India at 3-5 per cent and volume growth declined by around five per cent in south India

Cement demand fizzles out in 2019, recovery expected only in H2FY21

All India cement volume growth between April and September declined in the range of 2 to 4 per cent. The sector is expected to end both the calendar as well as the financial year with flat demand grow

Realisations still under pressure for cement firms as demand remains muted

With growth having shrunk 0.5 per cent year-on-year during FY20 so far, as per latest estimates, price recovery seems distant

Cement and steel firms hike prices as construction demand picks up

Some industry players, however, warn that price recovery is supply-led and not demand

Southern market pulls cement prices up by 3% in Sept despite dismal demand

September 2019 witnessed a steeper price cut in non-trade segment, as demand dry-up in the trade segment led the companies to push more volume in non-trade segment

Cement production likely to grow by 5-7% in FY20, prices to remain stable

Roads, urban infra and commercial realty to drive demand

Firm outlook for cement despite lean Q2

Energy costs may limit September quarter profitability, but rising demand and lower capacity additions bode well for future prospects