Understanding the dynamics of cement price is no less than decoding a complex puzzle. Various elements come into play, including the raw material costs, energy prices, and labor wages. Let's delve deeper into these factors to comprehend better why cement prices in Pakistan are on a downward trend. Raw Material Costs The cost of raw materials used in cement production, such as limestone and clay,...
by humayunbaig 
The recent months have seen a substantial change in the economic scenario of Pakistan, with the local currency, PKR, strengthening against the US dollar (USD). This has led to a consequential dip in steel prices, offering relief to the construction industry. However, this relief is somewhat offset by the steady rise in cement prices. The Impact on Steel Rates Since September 2023, the steel industry...
by humayunbaig 
The Lahore Development Authority (LDA) has announced that four major infrastructure projects in the city will be open to traffic this month, according to Mr. Israr Saeed, the Chief Engineer. He emphasized that the completion of these projects will lead to a significant reduction in smog levels in Lahore. The LDA has imposed strict guidelines for contractors, requiring them to spray water on all...
by humayunbaig