Lebanon faces cement shortages delaying projects
The Lebanese market is experiencing a crisis in securing cement supplies, as the available quantities have decreased, leading to a rise in prices from about $5 to $7.5, with the black market price reaching $15 per bag. The current situation has caused a slowdown in construction activities, delays in the final phases of projects, increased financial burdens on contractors and workers, and the threat of postponed project deadlines alongside growing economic hardships in the sector.
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