Cement volumes at 22MT in August
Cement industry’s volume seems to have slowed down to 22 million tonnes during August, but is expected to improve from October onwards. According to ICICI Securities, the volumes have been impacted primarily due to decline in cement growth in the north and central regions. These regions have slightly seen a decline of 5-7 per cent in August compared to same period year-ago, due to heavy rains and sand mining issues.
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