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BQ Survey: Coronavirus Stalls Cement Rebound, Worst May Be Yet To Come
The outlook for India’s cement industry is seen to have turned grave as the full impact of Covid-19 pandemic is yet to be captured
24 Mar 2020, 04:20 PM IST
Cement prices fell in March after rising for two straight months as the novel coronavirus outbreak stalled economic activity in a usually strong period of construction, according to a BloombergQuint survey.Pan-India prices declined by an average Rs 4 to Rs 345 for a 50-kg bag, according to 12 dealers surveyed in March. That was driven by sharp cuts in the south and east, while the west saw an increase and prices showed resilience in ...
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