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Assuming hikes is required, the following 424 results were found.

  1. UltraTech Cement Q3 profit rises

    consolidated net profit of Rs 1,777 crore (USD 214 million). The substantial 68 percent increase, driven by strategic price hikes and sustained infrastructure demand, marks a significant achievement for the company. During the three months ending...

    • Type: Article
    • Category: Financial
  2. Prices rise for MRF Operators in paper recycling

    bringing good tidings for the industry. Mixed paper (PS 54) and sorted residential papers (PS 56) also experienced price hikes, while sorted office papers (PS 37) held steady. The paper sector witnessed a considerable uptick, with mixed paper (PS 54)...

    • Type: Article
    • Category: Global
  3. Holcim sets acquisition goals for 2024

    with efficiency improvements, are expected to counter inflation's impact, with the potential for up to 10 percent price hikes in certain regions. Holcim remains resilient amid the Red Sea crisis, emphasizing minimal disruptions to its operations, as the...

    • Type: Article
    • Category: Mergers & Acquisitions
  4. Syrian government imposes cement tax

    before taxes. After accounting for taxes, the net profits were projected to be SYP 48 billion. Construction material price hikes, including cement, have broader implications on house prices, construction activity, and the property market in Syria....

    • Type: Article
    • Category: Financial
  5. Sri Lanka's cement consumption drops 17% in 2023

    in 2023, market shrinkage intensified due to restricted consumer disposable income, increased income taxes, utility price hikes, and rising contractor fees. As the Rupee stabilized against the US Dollar, hopes for a stable cost environment were...

    • Type: Article
    • Category: Markets & Competition
  6. Paper price rise hits Spanish newspapers

    400 euros to 1,200 euros per ton due to global inflationary pressures. This surge has prompted newspapers to announce price hikes per copy and reduce the number of pages. Additionally, a shift in the ownership and focus of Spanish and European paper...

    • Type: Article
    • Category: Europe & Central Asia
  7. Cement industry facing unprecedented price surge

    next year, posing challenges to the economic vitality of the industry. Christopher provided specific details on the price hikes, citing a notable increase of RD$50 to RD$70 in the cost of gray cement. The price now ranges from RD$440 to RD$495, and some...

    • Type: Article
    • Category: Volume & Pricing
  8. Pulp prices increase, triggering paper products price hikes

    Consumers face steep increases in kitchen roll, tissue, and loo roll costs (CW Group) The escalating costs of paper products are hitting consumers hard, with kitchen rolls seeing a 17.7 percent surge, loo rolls a 13.6 percent increase, and facial...

    • Type: Article
    • Category: Europe & Central Asia
  9. Chinese aluminum market reports surplus

    to the dot plot, is 4.6%. The report indicates a potential shift in the Fed's stance, suggesting a halt to the current rate hikes, with a possible cut in mid-2024. Meanwhile, LME electronic discs report rose figures for aluminum (2210, +65). Current LME...

    • Type: Article
    • Category: End-user Markets
  10. Cement prices plunge in Pearl River Delta

    have witnessed a notable decline, with a drop of 20 yuan/ton. This shift marks a departure from the previous trend of price hikes in the Guangdong region, as reported by the China Cement Network Market Data Center. Several cement companies in the Pearl...

    • Type: Article
    • Category: Volume & Pricing
  11. CEMROS is bracing for cost surge

    technological upgrades to maintain competitiveness and salary indexing for their workforce. However, potential future tariff hikes and a tightening credit policy by the Central Bank may trigger a stress scenario, necessitating an inevitable reduction in...

    • Type: Article
    • Category: Financial
  12. Construction material costs raises concerns in Kenya

    soaring from KES 77,500 in January to KES 100,800 in December 2023. Steel reinforcement bars and cement experienced notable hikes, reaching KES 160.26 per kilo and KES 750 per 50kg bag, respectively. AAK President Florence Nyole warns that this surge...

    • Type: Article
    • Category: Materials News
  13. Prosperous building materials market in Russia

    prices doubled in Kuban, experiencing a significant increase of 106.6 percent since September 2022. Other notable price hikes include metal tiles by 19.3 percent, cement by 17.2 percent, oil paints by 6.3 percent, and vinyl wallpaper by 1.8 percent....

    • Type: Article
    • Category: Materials News
  14. Indian industry awaits cement consumption boost in Q4FY24

    by pre-Lok Sabha election spending in infrastructure and development projects. Despite a partial rollback of earlier price hikes during the festive season in November, the country's average cement price saw a 5 percent quarter-to-date increase. However,...

    • Type: Article
    • Category: Volume & Pricing
  15. Australian housing approvals plummet to 10-year low

    months are down by 11.2 percent reaching their lowest levels in a decade. As the Reserve Bank of Australia's interest rate hikes impact the home building sector, the construction industry braces for a challenging 2024. Despite a push for more housing...

    • Type: Article
    • Category: Construction News
  16. Hunan anticipates year-end surge in cement consumption

    projects contribute to slow progress, maintaining high market stocks and insufficient motivation for cement price hikes. Looking ahead, as real estate policies undergo continued optimization and the anticipated year-end construction rush persists,...

    • Type: Article
    • Category: Volume & Pricing
  17. Cement arrives in Manaus: price expected to drop

    charging excessive amounts, affirming consumers' right to recourse through Procon if they feel adversely affected by price hikes. Reports from Manaus indicate instances where cement bags are being sold for R$110, leading to frustration among buyers who...

    • Type: Article
    • Category: Markets & Competition
  18. Cement prices surge creates ripples in Northern Pakistan

    the coming days, intensifying pricing turmoil in the cement sector. A report by Alfalah Securities suggests that the price hikes exceed the actual rise in freight costs, presenting an opportunity for the industry to maximize profits. The diverse fuel...

    • Type: Article
    • Category: Volume & Pricing
  19. Hanil Cement with lowest cost ratio in the industry

    and construction site disruptions. Despite ongoing uncertainties, including project delays due to raw material price hikes, Hanil Cement's strategic price increases sales and trimmed costs, resulting in a cost ratio below 70 percent. Hanil Cement's...

    • Type: Article
    • Category: Volume & Pricing
  20. High construction material prices prompt review

    in the exploration plan, scarcity persisted due to insufficient operational capacity. The inspection attributed the price hikes to slow licensing procedures and sudden demand increases. Illegal mining was widespread, prompting a review of leaders'...

    • Type: Article
    • Category: Materials News

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