Economy & Market

Cement prices down on new brands entry, less demand

Published

13 years ago

August 20, 2012

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This week, stocks of cement companies may come under pressure as prices have fallen about Rs 15-20 for a 50-kg bag last week in Andhra Pradesh, Karnataka, Maharashtra and Tamil Nadu.The price cut was quite sharp in Andhra Pradesh, a 50-kg bag has lost between Rs 20 and Rs 25 to hover around Rs 270-275 a bag. Sudden excess capacity created in the market with the launch of new brands – Jaypee Cements, JSW, Jaya Jyothi and Bhavya and slackening of demand seemed to have impacted the price.As August-September normally considered lean months for cement, the price may fall even further going ahead. Particularly, southern-based companies’ stocks such as India Cements, Sagar Cements, Andhra Cements, Deccan Cements and Madras Cements will be under watch.

Concrete

Cement industry to gain from new infrastructure spending

Published

7 days ago

July 24, 2025

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

Concrete

AI boom drives demand, says ACA

Published

7 days ago

July 24, 2025

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The American Cement Association projects a nearly 1Mt annual increase in US cement demand over the next three years, driven by the surge in AI data centres. Consumption by data centres is expected to grow from 247,000 tonnes in 2025 to 860,000 tonnes by 2027. With over 5,400 AI data centres currently operating and numbers forecast to exceed 6,000 by 2027, the association cautions that regulatory hurdles and labour shortages may impact the industry’s ability to meet demand.

Image source:https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA1zOrih.img?w=2000&h=1362&m=4&q=79

Concrete

GoldCrest Cement to build plant in India

Published

1 week ago

July 23, 2025

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GoldCrest Cement will build a greenfield integrated plant with a 3.5Mt/yr clinker capacity and 4.5Mt/yr cement capacity. GoldCrest Cement appointed Humboldt Wedag India as engineering, procurement and construction contractor in March 2025 and targets completion by March 2027. It has signed a 40-year supply agreement with Gujarat Mineral Development Corporation for 150Mt of limestone from its upcoming Lakhpat Punrajpur mine in Gujarat.