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Building Materials Conference: Cement, trends & strategies, post COVID

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Investec India hosted Mr. Sreekanth Reddy, Jt. MD, Sagar Cements (NR), to understand cement trends and strategies post-COVID. Demand is uncertain and the priority is on pricing, factoring cost curve pressures. Distribution & logistics strategies will vary for each co. based on target markets. Incremental capacity additions in the South are likely to see delays and some cancellations can’t be ruled out. Companies across the board have made incentive payouts to dealers on a pro-rata basis for FY20; enhanced cash discounts ensure WC discipline.
8 May 2020 English South Africa Business · Investing

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