Economy & Market

Religare optimistic on cement sector

Published

4 years ago

October 14, 2021

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Market experts at Religare are expecting a growth in cement sector on the back of supply shortage (due to the closure of Binani’s plant in Rajasthan) and some demand uptick MoM. Cement prices went up by Rs 20-70/bag across multiple markets during February. Research done by the firm predicts that the resolution of the issue around the Binani plant closure and an unfavourable SC verdict on sand mining in Rajasthan may lead to some pressure on pricing,

According to the report, cement players should be able to offset cost pressures and report an improvement of at least Rs 100-300 in their EBITDA/t (except south-based players). SRCM and JKLC stand to gain most from these price hikes. Major large-caps are trading at levels similar to that in 2010 and the downside is limited from here on. Any positive news in the sector may push the trend past the tipping point and lead to sustained upward movement. Religare advises investors to keep the cement sector under close observation.

Concrete

Cement industry to gain from new infrastructure spending

Published

2 weeks 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

2 weeks 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

2 weeks 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.