Post lockdown scenario for cement industry
Cement plants have restarted their operations after shutting down to comply with the Government's nationwide Covid-19 lockdown order. Now, it appears that there is no surprise if cement companies may force to stop the kiln/s once again due to lack of demand in the days to come. The cement companies are estimated to be sitting on large amounts of unsold cement/clinker stocks that should be enough to meet market demand for over months together!
The nation-wide lockdown amid the outbreak of Covid-19 will have a significant near-term volume impact on the cement industry. Cement volumes had been growing at 10 to 12 per cent YoY in east and 4 to 5 per cent YoY in the west and central regions. Cement dispatches have been stopped com