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Cement Prices Spike in Syria After Fuel Price Hike

Construction industry affected by jump in prices after government announces massive increase in fuel costs
Cement Prices Spike in Syria After Fuel Price Hike

Syria’s main institute for construction materials announced an increase in cement prices after less than two months of hikes, raising the cost of a ton of Portland cement to 34,000 Syrian pounds ($156).

The minister of industry announced earlier that cement prices had been raised after the Assad government boosted fuel prices by 40 percent, stressing price increases will vary between institutions depending on the nature of their work and dependency on fuel to function.

This article was edited by The Syrian Observer. Responsibility for the information and views set out in this article lies entirely with the author.

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