Cement demand eases from realty and infrastructure cos

Cement companies seem to be cutting down on production due to the falling demand from the infrastructure and real estate sectors. Holcim Group companies, ACC and Ambuja Cements have reported a 6 per cent and 12 per cent drop in month-on-month sales at 2.05 mn and 1.86 mn tonne, respectively, in April. Ambuja Cements' sales in April were down by 3 per cent compared with 1.91 mn tonne registered last year. According to market sources, other cement majors like UltraTech Cement and Jaiprakash Associates, which are yet to announce their monthly sales data, too have seen a similar trend. Contact: ACC Ltd. Tel: 022-3302 4321. Fax: 022-6631 7440. Website: www.acclimited.com