Economy & Market

Cement prices fall by 10% to Rs 270

Published

13 years ago

January 6, 2013

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As per media repoerts, across India, cement prices are under pressure. Even as the peak construction period has set in, poor demand and inactivity in the construction space have hit prices. The average price of a 50-kg bag of cement has slipped 10 per cent through the last two months to Rs 270, compared with Rs 267 in the corresponding period last year.

In October, the average price had touched Rs 300 a bag. Experts said in the quarter ended December, demand for cement hadn’t picked up as expected.

Lack of other building materials such as bricks in the northern region, along with a shortage of labourers, hasn’t let construction activities pick up. The prevailing cold wave in the northern and central regions have also impacted construction, said a research analyst at a Mumbai-based brokerage house. After hitting an all-time high of Rs 314 a bag in July last year, cement prices started declining, as rains spread across the country.

In September, prices rose, touching a high in October. After that, prices fell, as demand failed to pick up steam. Sreekanth Reddy, Executive Director at Andhra-based Sagar Cements, says that the demand scenario is poor and prices in the state have slipped by about Rs 50 for a cement bag since November.

Currently, prices range between Rs 210 and Rs 215. Also, some new plants have been commissioned in the state, and this has hit the situation further." Through the last few years, Andhra Pradesh has seen the highest capacity addition in the cement space. Owing to the availability of limestone on a large scale, several cement plants have mushroomed in the state.

Currently, retail prices of cement are the highest in the eastern region (about Rs 300 a bag), while the average price in the South is about Rs 290. The North has seen prices fall by Rs 35 to Rs 245 a bag, while in the western region (which recently saw a rise in prices, especially in Gujarat) cement prices stand at Rs 270 a bag. In Madhya Pradesh and southern Uttar Pradesh, prices stand at Rs 240 a bag.

Concrete

WCA Welcomes SiloConnect as associate corporate member

Published

5 days ago

April 13, 2026

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The World Cement Association (WCA) has announced SiloConnect as its newest associate corporate member, expanding its network of technology providers supporting digitalisation in the cement industry. SiloConnect offers smart sensor technology that provides real-time visibility of cement inventory levels at customer silos, enabling producers to monitor stock remotely and plan deliveries more efficiently. The solution helps companies move from reactive to proactive logistics, improving delivery planning, operational efficiency and safety by reducing manual inspections. The technology is already used by major cement producers such as Holcim, Cemex and Heidelberg Materials and is deployed across more than 30 countries worldwide.

Concrete

TotalEnergies and Holcim Launch Floating Solar Plant in Belgium

Published

5 days ago

April 13, 2026

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TotalEnergies and Holcim have commissioned a floating solar power plant in Obourg, Belgium, built on a rehabilitated former chalk quarry that has been converted into a lake. The project has a generation capacity of 31 MW and produces around 30 GWh of renewable electricity annually, which will be used to power Holcim’s nearby industrial operations. The project is currently the largest floating solar installation in Europe dedicated entirely to industrial self-consumption. To ensure minimal impact on the surrounding landscape, more than 700 metres of horizontal directional drilling were used to connect the solar installation to the electrical substation. The project reflects ongoing collaboration between the two companies to support industrial decarbonisation through renewable energy solutions and innovative infrastructure development.

Concrete

Cortec® Corporation applauded for its strong safety performance

Published

5 days ago

April 13, 2026

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Cortec® Corporation has been recognised for its strong safety performance, receiving its sixth Governor’s Workplace Safety Award for its outstanding performance in 2025. As a Silver Achievement recipient, the company continues to maintain safety metrics well above national industry averages, an impressive accomplishment for a chemical manufacturing organisation. This achievement reflects Cortec’s proactive approach to workplace safety, focused on early hazard detection and employee involvement. The company will be formally recognised at the Minnesota Safety and Health Conference in May, highlighting how industrial companies are effectively strengthening workplace safety standards.