Page 2 - Cement Demand

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