Economist: The decision to reduce the volume of cement production increases the profitability of companiesVisits : 312

Economist: The decision to reduce the volume of cement production increases the profitability of companies

Dr. Abdel Moneim El-Sayed, Director of the Cairo Center for Economic Studies, said that the decision of the Competition Protection and Prevention of Monopolistic Practices to approve the request of 23 companies operating in the Portland cement sector to reduce their production capacity destined for the local market, will have a positive impact on the cement market, push the price up and increase the profitability of companies.

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