Cement News

Pakistan Association of Builders and Developers alleges cement industry cartelisation


Pakistan: The Association of Builders and Developers (ABAD) has accused cement producers of cartelisation and called on the government to take ‘stern action’ following a rise in cement prices. The Business Recorder newspaper has reported that builders believe that the rise does not reflect trends in local raw materials and imported coal prices. Additionally, it comes in spite of a drop in cement demand.



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