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Cement price increase critical as companies feel the cost pinch

Input cost pressures have been a threat to profitability of cement firms for the past few quarters

September 21, 2021 / 10:44 AM IST
Cement price increase critical as companies feel the cost pinch

Cement prices seem to have developed cracks. After falling in two consecutive months in July and August, price hikes taken by manufacturers in September failed to sustain. Dealers are of the view that softening demand, perhaps a fallout of lower construction activity during the monsoon season, forced a rollback in cement prices few days back. All eyes are now on cement prices in the months ahead, given that an increase is critical for cement makers to sustain profit margins,...

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