The surging fuel costs in the wake of Russia-Ukraine tensions will impact Indian cement manufacturers, which are already reeling under increasing prices of raw material and energy. The power and fuel prices of significant players – Ultratech Cement, Ambuja Cements and ACC Limited – have increased by 39 per cent, 58 per cent and 26 per cent in the December quarter. Fuel prices will additionally impact the logistics costs of firms, which are stumbling with lower demand. Energy and logistics prices together are about 60 per cent of the overall prices of cement makers. Raw material prices add up to about 13-15 per cent.