Realtors extend boycott of cement purchase in AP, Telangana

Stepping up their demand for withdrawing a "steep and unjustified hike" in cement prices, the Joint Action Committee (JAC) of builders in Telangana and Andhra Pradesh on Saturday decided to extend the boycott on buying cement by another week till July 26.

`Cement prices expected to weaken in Oct-March period`

The woes of the cement industry are likely to continue as prices are likely to weaken during the remaining period of the current fiscal on the back of highest ever capacity addition by the industry in a single year.