- 7% and 8% – of demand growth is estimated in FY 2019 and FY2020 respectively
- 15% – year-on-year growth in cement production was seen in seven months of FY2019
- 15-18 million tonne per annum – of capacity to get added in FY19-FY20, primarily in eastern and central regions
- 5% to 10% – drop in cement prices in most of the markets in the North and South
- 67% – improvement in capacity utilisation expected in FY2019
- 70% – improvement may be seen in FY2020 Also read http://realtyplusmag.com/karnataka-deputy-cm-g-parameshwara-supports-move-to-revive-steel-bridge/
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Cement sector growth expected to remain steady this FY
Despite some easing in pet coke, diesel costs and revised axle norms, cement price hike remains critical from profitability perspective as per ICRA report.
- 7% and 8% – of demand growth is estimated in FY 2019 and FY2020 respectively
- 15% – year-on-year growth in cement produc
BY
Realty Plus
Published - Friday, 04 Jan, 2019
Despite some easing in pet coke, diesel costs and revised axle norms, cement price hike remains critical from profitability perspective as per ICRA report.
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