Is the cement cartel back in action?

As the construction industry is given packages and concessions to get back up on its feet, does the rise in cement prices that followed mean the cement sector is back to its old tricks?

Govt takes notice of spike in cement prices in northern region

ISLAMABAD: Federal Minister for Industries and Production Hammad Azhar on Sunday, took notice of reports of increasing cement prices in the northern...

Is the cement sector overvalued?

The cement sector in Pakistan has had its rough spots, but one could always look at the last decade and say, here...

Cement sector expected to rebound by 2021, thanks to tax cut and government incentives

At first glance, the cement sector looks like it is struggling. The numbers came in for May, and they were not kind.  Pakistan’s...

Cement price likely to reduce by Rs14.5 per bag

LAHORE: The price of a 50-kilogramme (kg) cement bag is expected to fall by Rs14.5, as the government has slashed Federal Excise...

Cement exports down by 18pc in May

LAHORE: The exports of cement, after showing a positive growth for the last several months, declined 18 per cent Year on Year...

Indian cement importers ask Pakistani exporters to recall their shipments

The development comes amidst rising tensions between Pakistan and India after the Pulwama attack and the latter's decision to slap 200% duty on imports from Pakistan

Attock Cement concludes civil, mechanical and electrical work on Iraq project

In May 2013, Attock Cement had announced plans to invest $25 million in a new grinding plant in Basra, Iraq

MoIP to likely forward reference to CCP regarding cartelization of cement prices: Report

The cement industry contended that the sector wasn’t being provided with any subsidy by the government

Cement sales increase by 21pc in south region

ISLAMABAD: The sale of cement in the southern region of the country has increased by 21 per cent from 3.38 million tons...

Pakistan coal imports projected to soar to 30m tons by 2020

The demand for cement manufacturers was projected to increase by 2.0 million tons, whilst coal-fired power plants would require 8 million tons by 2020

ECC not to interfere in cement industry, permits them to increase prices

According to the Ministry of Industries and Production, in spite of the high cost of production and higher taxes, the prices of cement in Pakistan were lower than those in India and Sri Lanka

KSE-100 index posts 7.8% YoY increase in profit for nine months of 2018

Profitability of KSE-100 index increased by 0.8% YoY during the third quarter of 2018

Domestic cement consumption rebounds, grow 18.9 percent in September

Southern region exports also surged by a gigantic 212.13 percent to 1.044 million tons against 0.334 million during July-September 2017

Power Cement gears up for infrastructure spending spree

The company will increase its production capacity to 3.4 million tons per year, with a new plant expected to come online by June 2019