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Cement demand not robust; prices down due to sharp fall in raw material costs: Shree Cement

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HM Bangur, managing director of Shree Cement, on Thursday said that cement demand has been weak in the month of November-December 2021.

HM Bangur, managing director of Shree Cement, on Thursday said that cement demand has been weak in the month of November-December 2021.
He further said that the construction ban in National Capital Region (NCR) has impacted demand.
“Therefore, numbers will be 10-15 percent lower than last year,” said Bangur.
Talking about business, he said that the company will be using its cash in books for an expansion in eastern India.
For the entire management interview, watch the video
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