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Qatar cement prices drop by 72%

by James Boley on Sep 28, 2009

  3 Comments
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Cement prices in Qatar have dropped dramatically
Cement prices in Qatar have dropped dramatically

Qatar’s construction industry has been buoyed by a relaxation on import rules, reducing shortages of materials and creating a drop in prices, according to a local newspaper.

Qatar National Cement Company (QNCC) reported to Gulf Times that adequate cement for Qatar’s requirements was now available thanks to an increase in production and the deficit being made up by imports from India and Pakistan.

“Adequate cement is available at reasonable prices in the wholesale market,” said the project manager of a leading Doha-based construction firm.

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Earlier construction projects were many and those were the peak times, but now that has reduced because of which the dem

  3 Comments

Prices for cement have now fallen to QR14 (US$4) a bag, down 72% from a high of QR50 ($14) a few months ago. Qatar has faced shortages caused by a construction boom since 2004.

Treated sand prices remain higher than average because of transportation costs but have now fallen by 33%, while steel prices have stabilised in line with international trends.
 




Readers' Comments


Hafeez (Dec 16, 2009)
Al Hassa
Saudi Arabia

Qatar cement prices
Earlier construction projects were many and those were the peak times, but now that has reduced because of which the demand is less therefore prices will remain low. Which is not only in Qatar alone but the rest of world as well.

teslim (Oct 8, 2009)
edde
Nigeria

on qatar
i wonder why materials for construction works are alway coming down and thereby increasing affordability by people, but things are opposite in our country nigeria where most things needed for the production of this materials are in our land but we still suffer an exhobitant prices and low level of affordability...

Mohamed Mushthak (Sep 29, 2009)
Doha
Qatar

Qatar cement prices drop by 72%
This is a good sign for the construction industry, especially for the clients and the contractors who have projects in hand. Anyway this is a normal as the contructions industry has a cyclical nature i.e. boom has gone and recession has started. But still


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