Power Cuts Double Cement Prices in Khorasan Razavi

Power outages in Khorasan Razavi Province have reduced cement output and doubled prices, deputy marketing and sales manager at Sharq Cement Company said.
“Each ton of this major building material was traded around $17 before outages start, but now that factories have to limit their activities, the same amount of cement is sold at around $30,” Touraj Sadeqi was also quoted as saying by ISNA.
Iran Power Generation, Distribution and Transmission Company (Tavanir) can only meet as little as 25% of cement plants’ electricity demand in summer that explains the market turmoil, he added.