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Economy & Market

Cement prices may come down on poor demand

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Cement prices in India are likely to come down on sluggish demand from construction sector for a short term. The industrial commodity witnessed a Rs 25 a bag (50 kgs each) fall in prices on m-o-m basis in West Bengal as against Rs and Rs 10 a bag in Vidarbha (Maharashtra) region and elsewhere in the country respectively. Demand of the construction raw material generally declines in the lean monsoon season when most of running overhangs.

Since, the sentiment continues to remain poor over the last few months, there is little room for a revival in demand in the upcoming monsoon season. Hence, poor demand show is set to continue in the next three months, say analysts. Consequently, a further price decline of Rs 5-10 especially in the eastern region except Chhattisgarh, cannot be ruled out.

Prices in the northern region i.e. Delhi and NCR are expected to inch upward while in other regions, cement prices are expected to rise by about Rs 10 per bag. The decline in cement price indicates an overall slowdown in construction activities across the country. Also, lower growth in production was mainly attributable to the slowdown in cement offtake led by the muted construction activity.

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Concrete

WCA Welcomes SiloConnect as associate corporate member

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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.

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Concrete

TotalEnergies and Holcim Launch Floating Solar Plant in Belgium

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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.

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Concrete

Cortec® Corporation applauded for its strong safety performance

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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.

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