Page 4 - Cement

NTPC begins bulk supply of fly ash using new infra from UP cement plants

During the financial year 2019-20, almost 44.33 million tonnes of fly ash was utilised for various productive purposes, being 73.31 per cent of the ash generated

HeidelbergCement to keep lid on costs after solid start in third quarter

HeidelbergCement, the world's No 2 cement maker, said it would continue to tighten its purse strings in the wake of the coronavirus crisis after a good start to the July-September quarter.

Higher prices, lower costs to cushion Cement firms in June quarter

Virus-led disruption, availability of labour major concerns

Covid-19 impact: Cement companies resume ops with minimal production

UltraTech Cement, as well as other companies like Dalmia Bharat Cement, Heidelberg Cement India and others, said that partial operations at some of the companies' plants have resumed

Cement capacity in India expected to cross half a billion tonne this year

Currently, the installed capacity is 485 mtpa and with the new additions, it will rise to 508 mtpa in 2020

Sturdy volumes, market share gains to boost Dalmia Bharat's prospects

Analysts at Anand Rathi say that with fresh capacities coming up and prices in the East rising, they expect volume and revenue growing well over FY19-21

Cement demand growth may nearly halve to 7% in FY20 on weak Q1 offtake

The bright side is that manufacturers could also benefit as average prices in FY20 are likely to be better than FY19, while costs are likely to be lower

Recovery unlikely for cement and capital goods sectors before Q3

Industry volume declined in the June quarter

Six states to drive next phase of cement capacity ramp-ups: CARE Ratings

Rajasthan, Karnataka, Madhya Pradesh, Tamil Nadu, Andhra Pradesh and Telangana are among the leading states in terms of installed capacity

Cement companies to face action for truck over-loading in Chhattisgarh

Truck over-loaded with cement bags would now land even the manufacturer of the product into trouble in Chhattisgarh

Why South India's cement firms could see a sharp improvement in earnings

If demand continues to keep up momentum, the cement industry in the South hopes for better growth in the near future

Southern cement players in a sweet spot on higher prices across regions

This is good news for South Indian cement firms, which have seen a spell of weak prices and rising expenses impact their earnings growth

Cement shares in focus; India Cements, Orient Cement up 5%

Ambuja Cement, Shree Cement, Ramco Cement, ACC, JK Cement, JK Lakshmi Cement and Ultratech Cement were up 2% to 3%, as compared to 0.32% rise in the S&P BSE Sensex.

Despite surge in demand, cement price growth to remain muted in FY19

In the coming fiscal year, capacity addition of around 5-7 mt is expected in the eastern and western region

Cement prices may rise by up to 10% in next 6 months on high fuel cost: CMA

'Such a price hike will bring us at the level where we were last year in terms of operating margins'

Cement shares in focus; Ambuja Cements, India Cements up over 3%

Ambuja Cements, ACC, Dalmia Bharat, India Cements, Mangalam Cement and UltraTech Cement were up in the range of 1% to 4% as compared to unchanged in the S&P BSE Sensex at 11:22 am.

Six leading cement companies forming a 'cartel' under CCI scanner

Other cement players in different geographies could come under the watchdog's probe as investigation widens

Cement shares extend rally; Deccan Cements, Mangalam Cement hit new high

Prism Cement, Deccan Cements, Orient Cement, Panyam Cement and Gujarat Sidhee Cement were up in the range of 5% to 12% on Friday

Cement: Price hike insufficient to drive profitability

The price increase, which comes after six months of decline, should only help pass on cost pressures

CCI imposes Rs 207-cr penalty on 7 cement firms

Penalty is for violating competition norms with regard to a 2012 tender floated by a Haryana agency