India’s bitumen supply situation has improved after a sharp squeeze during the peak of the West Asia crisis, but prices remain substantially above pre-conflict levels, raising concerns over the cost of road and highway projects, The Times of India reported on August 31.
The availability of the key road-building material has improved with increased domestic output and higher imports of Venezuelan crude. However, the shift in crude sourcing has not translated into a return to earlier price levels, ToI's report (by Dipak K Dash) said.
