Oversupply and weak demand still plague cement industry


  • Business
  • Saturday, 04 May 2019

IT IS unlikely that the cement industry would make a comeback anytime soon, as the sector is still being hit by the state of oversupply and weak domestic demand.

Although demand recovery is in order, following the revival of mega-projects, it is expected to remain uninteresting as the fate of several other massive infrastructure projects is still unknown, coupled with an overhang in the property sector.

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