Heidelberg's cement prices go up by Rs 2-5/50 kg bag

Heidelberg's cement prices go up by Rs 2-5/50 kg bag

Heidelberg Cement on June 6 stated that it has raised cement prices by Rs 2-5 per 50 kg bag in some markets, Ashish Guha, CEO & MD of Heidelberg Cement has said. However, the demand for the construction material remained subdued. Guha said that demand for cement in April and May was not as buoyant as the company had expected. While the company expected 10 per cent increase in demand, actual pick up has been half of that. However, Guha is hopeful that monsoon season this year will not be as bad as previous years.

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