Cement

Marks first time in 30 years that local cement sales have declined for 3 consecutive years

Industry asks govt to address concerns in upcoming budget

APCMA urges govt support to revitalise construction sector, enhance industry efficiency

CCP highlights importance of disclosures due to cement’s hygroscopic nature

Deteriorating situation puts investment at stake

Claims foreign exchange lost in importing machinery for track, trace system

Field experts term the cement sector one of the largest contributors to carbon emissions

CCP says cement loses strength after 4-6 weeks of storage

Benchmark KSE-100 index surges 869.77 points, settles at 67,756.04

Year-on-year decline of 3% to 7% projected

APCMA data shows notable contraction in both local and export markets

Local cement despatches account for 2.967 MT, showing decline of 17.30%

Exports experience 155.85% surge, reflecting positive momentum

APCMA data shows local cement despatches were 3.262 million tonnes

Export dispatches surge by 97.33%, increasing to 715,028 tonnes

Total despatches reach 4.115 million tonnes, down from 4.284 million tonnes last year

Industry sold 2.9m tons as compared to 3.5m tons last year

APCMA blames political noise, economic uncertainty for situation

Performance of companies reflects resilience to macro adjustments

Exports, on the other hand, were up by 10.96% to 449,940 tonnes in February

Sales reached 4.005 million tonnes in January

Domestic sales posted decline of 16.77%, while exports declined by 48.86%

Project is expected to produce 48GWh annually

Plant has capacity of 3.15m tons per annum

Total dispatches stand at 4m tons in Nov against 4.8m tons in same period of last year

APCMA expresses concern over continuous decline in demand, rising input costs

Contractors predict upsurge in construction cost in wake of PM’s housing scheme initiative

Says cement sector helped trigger V-shaped economic recovery in testing times

Heavy rains, closure of industries for Eid holidays push down demand in July

Construction package, progress on Naya Pakistan Housing Scheme aid growth

Stand at 4.73m tons against 4.07m tons in January 2020

Exports, however, drop for second consecutive month

Higher global prices for coal, steel scrap drives local price hike

Punjab minister assures cooperation in increasing production capacity of plants

Uptrend hampering recovery of construction activities in country

Companies’ profits soared up to 800%, did not pass benefit of duty cut on to consumers

Industry posts lowest monthly growth in current fiscal year

Seizes record of cement manufacturers on suspicion of role in price fixing

Companies report significant growth in earnings for first quarter of FY21

Decline in prices, Covid-19 outbreak hit earnings of cement companies

Firm bears losses on back of rise in finance cost, shrinking margins

Stand at 3.52m tons against 3.35m tons in August 2019

Manufacturers say otherwise they may have to raise cement prices by around 10%

Support comes from buoyancy in export, domestic markets

Under housing programme, industries anticipate recovery of losses

Overall cement consumption edges up 1.98% due to higher export growth

Considers further reducing general sales tax of 3% to either 2% or 1%

Demand falls due to slow construction activity, Eid holidays

Exports grow at slow pace owing to worldwide spread of coronavirus

In comparison, 3.35m tons had been consumed in same month of previous year