Zhang Xiaohua predicts that cement demand will drop by about 10% in 2024, and the utilization rate of production capacity will drop to about 50%, and will decline year by year. In response, about half of the cement industry's production capacity needs to be shut down. Outage methods include: first, low-price competition forces high-cost enterprises to passively shut down due to losses; second, active shutdown through off-peak production to maintain industry profits.
