Economy & Market

Less demand weighs on cement prices

Published

13 years ago

November 30, 2012

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Emkay Global Financial Services has come out with its report on cement space. The firm remains positive on Grasim, Shree Cements and Madras Cements. According to the firm all India cement price was at Rs 289 per bag, which declined due to festive season. India’s central and northern regions witnessed a steep decline in prices by 5.5 per cent and 5.3 per cent respectively followed by east -3.7 per cent and west – 2.6 per cent. Prices in the southern region remained flat v/s expectation of further bounce back in AP. However cyclone Nilam impacted Andhra Pradesh demand restricting bounce back of prices, strike in Kerela by the dealer association disrupts the demand scenario in the region.Demand now remains a key driver as it has finally started weighing down on prices and any hikes expected in Dec and Jan would have to be supported by a healthy demand growth.

Concrete

Cement industry to gain from new infrastructure spending

Published

6 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

6 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.

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Concrete

GoldCrest Cement to build plant in India

Published

7 days 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.