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PETCOKE PRICE INCREASE
Iran war fallout: Fuel use drops 6.5% in May; experts see warning signs for economyIndia's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...- Cement companies' profitability to moderate in FY27 on rising fuel, logistics costs: ICRAIn FY27, Indian cement manufacturers are anticipated to experience a notable dip in profits, ranging from 10-15%. The escalating prices of ...
- Cement demand to be healthy in Q1FY27E; Likely to hit profitability despite price hikes: NuvamaIndian cement demand is set for a strong start in the first quarter of FY27. Government infrastructure spending is driving growth. However,...
- Aluminium and copper to stay elevated, steel risky: CLSA's top metals and cement calls for FY27Base metals like aluminium and copper present significant opportunities, according to CLSA India's Indrajit Agarwal. Steel faces near-term ...
- Cement makers staring at ₹200/tonne cost shock as West Asia war sends petcoke and packaging costs soaringIndia's cement sector is grappling with soaring input costs. Rising prices of petcoke, coal, and packaging materials are squeezing profit m...
- Cement companies roll back price hikes to boost volumes amid muted demandCement prices introduced earlier this month have been rolled back as companies strive to push volumes amidst rising fuel costs. With an inc...
- Cement prices see regional surge amid muted demand: Girija Shankar RayGirija Shankar Ray from Yes Securities outlines the fluctuating cement prices over recent months, highlighting regional variations and fact...
- 5 reasons why Siddhartha Khemka is positive on cement industry for next few yearsCement demand in India is expected to continue growing at a double-digit YoY rate in Apr-May 2023, backed by governmental infrastructure de...
- Looking to build your portfolio? Take a look at these cement stocksImprovement in capacity utilization is likely to support price hikes in the near term. Cement players have attempted price hikes in Feb-Mar...
- India's Reliance stops local petcoke sales, boosts importsWith Reliance's petcoke no longer available domestically, India's imports are likely to rise, after doubling last year because of higher de...
- India buys discounted Venezuelan petcoke to replace coalIndia's growing appetite for Venezuela's petcoke - a byproduct from oil upgrading and an alternative to coal - is being driven by a scrambl...
- Rise in Construction Block prices on higher input costs to affect Real Estate projects
- Buy HeidelbergCement, target Rs 263: Anand RathiThe brokerage has set a one-year horizon for the stock to hit the target price.
- Buy Reliance Industries, target Rs 1110: SharekhanBuy Reliance Industries Ltd. at a price target of Rs 1110 .
- Demand in cement sector will go up by 10% YoY: HM Bangur, Shree CementShree Cement growth in 2018 will be the same as in 2017 and there will be cost-cutting too, says the MD.
- Ambuja Cements net profit swells 89% on demand pick-upNet sales for October-December jumped to Rs 2,612 crore, compared with Rs 2,188 crore in the same quarter last year.
- Pet coke ban in 3 states to hurt cement makersThe other risk for cement makers is the increase in cost of imported coal due to higher demand.
- Cement prices to rise in North India following petcoke ban by Supreme Court: India RatingsCement producers are likely to pass the hike in costs to the final consumer, leading to an increase in cement price.
- Coal Ministry to seek environment tax on petcoke, which is cheaper than coalReliance Industries rose 1% to Rs 1,014.10 and Indian Oil also climbed 1% to Rs 544.35 at the close in Mumbai. The benchmark S&P BSE Sensex...
- Union Budget 2011: Cement to be dearer by Rs 8-9 per bagMeanwhile, lending ear to cement makers' plea, Mukherjee has also decided to bring down the import duty on petcoke and gypsum by half to 2....
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