Economy & Market

Cement prices come down in rainy season

Published

13 years ago

August 31, 2012

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As per the reports, cement prices have started to ease by an average of two per cent. Markets had been witnessing continual increases despite the Competition Commission of India’s cartel ruling back in June. However, the average nationwide price of cement has fallen from Rs 310/50kg bag to Rs 304/bag.Due to heavy downpour and floods in the northeast is said to be the main cause of the dip. According to dealers, in Bihar, prices have dipped from Rs 350 to Rs 310 while in Uttar Pradesh, the prevailing prices are Rs 280 against Rs 320 in July. Northeastern markets have seen a fall of Rs 10-15/bag. In mid-July prices had surged to as high as Rs 315, according to one Mumbai-based brokerage. Some analysts had anticipated cement prices to come under pressure following the CCI’s decision to fine 12 cement producers on cartel practice. However, prices, instead, climbed beyond Rs 300 before fall to an average of Rs 290/bag.

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.