In 2023, India's cement market demand and production continued to grow, the domestic urbanization process was further accelerated, and the investment in infrastructure remained unchanged.
India is the second largest cement producer in the world. There are a large number of high-quality limestone deposits all over the country. With the acceleration of urbanization in India, the rapid development of infrastructure and construction in India has led to the rapid growth of the cement industry in India. Over the
years, India's cement production has been increasing. Industry insiders said that looking forward to the future, India's cement industry has enough optimism.
In 2023, Turkish cement prices rose, and downstream concrete products also rose, stimulated by the earthquake. In 2023, the national output is expected to exceed 81 million tons, a record high.
2024-01-22 14:04:10
In 2023, India's cement market demand and production continued to grow, the domestic urbanization process was further accelerated, and the investment in infrastructure remained unchanged.
2024-01-22 13:39:47
CEMPI
102.84
+0.54 +0.53%
CONCPI
92.33
-0.57 -0.61%
CLKPI
106.59
+1.50 +1.43%
SPPI
44.88
0.00 0.00%
MORPI
75.16
-0.30 -0.40%
On September 17, Sumitomo Osaka Cement announced a 15% capital injection into Philippine Phil Cement. The population of the Philippines is growing rapidly, the demand for infrastructure is booming, the growth rate of cement demand is in the forefront of Asia, and the market share of Phil Cement is considerable. After Sumitomo Osaka Cement restarted its export to the Philippines, the order gap was large, and this time it changed from "supplier" to "shareholder". After becoming a shareholder, it will introduce a number of technologies to help it build new demonstration lines and reduce carbon emissions. Japan's local cement demand has fallen six times in a row, and Sumitomo Osaka Cement has gone to sea in reverse, transforming excess capacity, exchanging technology for dividends, and laying the "second growth curve".
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