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H1 Cement capacity utilisation falls

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According to the Cement Manufacturers Association (CMA), the country produced 83.24 million tonne (mt) during April-September this year, as compared to 81.69 mt last year in the corresponding period. From April to September, the cement industry has witnessed a fall in capacity utilisation across the country compared to the same period last year. Last year, in the first quarter (April-June), capacity utilisation was 78 per cent, which has fallen to 75 per cent this year. To add to it, the average capacity utilisation in both the quarters is 70 per cent as compared to 74 per cent during the corresponding period last year. In the last one-and-a-half year the demand has been constantly falling, even government projects are witnessing a slowdown and the demand is not at all keeping pace with the supply.

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