Page 2 - Cement Prices

Real estate projects to feel the pinch as steel, cement prices rise

Road transport & highways ministry charges a 10x toll rate for major bridges, structures

Spurt in volume, price hike to cushion cement firms against rising costs

All-India average cement price, according to analysts' estimates, is likely to be up around 1 per cent quarter-on-quarter (QoQ) and nearly 5 per cent YoY in Q4-FY21E

Cement industry expected to grow 13% by volume in FY22: Crisil Ratings

The cement industry is set to hit a decadal high volume growth of 13 per cent in the next fiscal

Analysts bullish on cement stocks on sustained demand, price hikes

Analysts note that cement manufacturers may have to hike prices further to ensure sustainability of margins amid rising cost pressures.

Cement prices in southern India rise 18% over strong production discipline

Prices in Maharashtra are up by around 10 per cent at Rs 354 a bag, supported by higher prices in the South, which is a key supplier

Demand recovery hope, price hikes brighten outlook of cement players

UltraTech, Shree Cement, JK Cement, and Ambuja Cements among analyst picks

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

India Cements PBT drops by 75% to Rs 26.06 in Q1, blames lockdowns

Company shut down operations late March, when govt announced the first nationwide restrictions to contain the coronavirus

Credai reports 40-50% hike in cement, steel prices; alleges cartelisation

The association has written a letter to Minister of Housing and Urban Affairs Hardeep Singh Puri seeking his intervention in the matter

Raw material prices, cost controls prop up Ambuja Cements, ACC's March qtr

Expansions, strong balance sheet and attractive valuations are supportive at a time when demand outlook is uncertain

Covid-19 impact: Retail demand for cement, steel goes missing amid lockdown

While companies are unable to move material, dealers continue to suffer due to absence of any business

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

Core business eases power segment pain for Shree Cement in Dec quarter

Cost controls, presence in profitable markets increase earnings

Cement sector growth declines to 2% in 2019, say industry experts

The demand for cement in India has gone up to 400 million tonnes (MT) from 30 MT four decades back

Cement demand starts picking up in January, prices set to rise further

The hike is substantial compared to the previous hike (which is marginal) that the cement companies registered during November last year

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

India Cements reports pre-tax profit of Rs 4.42 crore over reduced costs

The performance was impacted by the fall in sales due to subdued demand in Andhra Pradesh and Telangana

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 demand growth may nearly halve to 7% in FY20 on weak Q1 offtake

The bright side is that manufacturers could also benefit as average prices in FY20 are likely to be better than FY19, while costs are likely to be lower

Cement prices and demand likely to see a rebound after Lok Sabha elections

After prices remained muted from April 2018 to January 2019, the sector witnessed a rebound in prices for a few weeks in February-March