Cement sales hike 37% in August

Karachi (HRNW) The country recorded a rise in cement sales by 37% in August 2023 to 4.518 million tonnes from 3.297 million tonnes a year ago.

According to the All Pakistan Cement Manufacturers Association (APCMA), it recorded a rise in the sale in August 2023 in the local markets by 30% as compared to August last year.

A significant rise in cement exports was witnessed by 87% to 724,777 tonnes from 387,440 tonnes a year ago.

In July, there was an increase in cement sales by 57.44% in July to 3.212 million tonnes from 2.040 million tonnes as compared to July 2022.

The 57.4% increase in cement sales signalled the commencement of construction activities in the country.

According to the All Pakistan Cement Manufacturers Association (APCMA), they recorded 3.212 million tonnes in cement sales in July 2023 besides a significant rise in cement exports by 183.91% to 435,854 tonnes from 153.517 tonnes a year ago.