Cement Manufacturers' Association agrees to review price hike decision

Published On: April 9, 2017 11:06 PM NPT

KATHMANDU, April 10: The Cement Manufacturers' Association of Nepal has agreed to review the recent hike in the cement price in the Nepali market.

The cement manufacturers made the commitment after the Minister for Industry Nabindra Raj Joshi during a discussion with them held at the Ministry Sunday urged them to support the State and the citizens by taking minimum profit in the present times as the first phase post-earthquake reconstruction has recently started.

Association president Dhruba Thapa apprised Minister Joshi that the production cost of cement in the country was one of the highest in South Asia.

He said although this was the case, the Association in deference to the government's request would sent letters to its members today alone to rethink about the hike in price of cement for the time being. RSS