Turkish builders protest against cement price hike

03 Sep 2021 CW Team

Builders in Turkey have announced a one-day strike to protest against the sharp price hike of cement, which will take place on 2 September 2021.

The Turkish Builders Confederation (IMKON) talked with the government that prices of all commodities have increased since the onset of the Covid-19 pandemic, but the cement prices rose inappropriately.

According to the cement producers, the prices have recorded a sharp price hike. The electricity cost increased by 64% year-on-year (YoY) in July 2021, while the coal prices rose more than double in the same period.

As per the Turkish Statistical Institute's (TUIK) domestic price index, in July, the cement prices in Turkey have increased by about 56% YoY.

Tahir Tellioglu, Head of the Turkish Contractors Federation (IMKON), had recorded a cement price hike from $19.28 per tonne to $53 per tonne in 2020.

Besides, the builders and contractors in Turkey have decided to establish new housing projects after a sharp decline in real estate in recent years due to the pandemic. However, this is leading to an increase in unsold housing stocks.

Image Source

Also read: Cement prices in India improve, maximum hike in southern India

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..