Jidong Cement: Accelerating the withdrawal of inefficient production capacity will be the key task and development path of the industry

2024-02-21 09:58:23

At present, the contradiction of excess cement production capacity is still prominent, the demand for cement will show a downward trend in the future, and the industry will enter a deep adjustment period characterized by reduction, differentiation and integration.

Recently, an investor asked Jidong Cement on the interactive platform: Is there any room for the future development of the cement industry?

The company replied that cement is an important basic raw material for national economic construction, which has the characteristics of wide distribution of raw materials and good engineering efficiency. Cement will remain an irreplaceable building material for quite a long time in the future. At present, the contradiction of excess cement production capacity is still prominent, the demand for cement will show a downward trend in the future, and the industry will enter a deep adjustment period characterized by reduction, differentiation and integration. With the continuous promotion of the national "double carbon" strategy, in the coming period, accelerating the withdrawal of inefficient production capacity, strictly controlling new production capacity, continuously deepening structural adjustment, and high-quality mergers and acquisitions will be the key tasks and development paths of the cement industry.

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Recently, the local weather conditions in China are not good, the recovery of market demand is insufficient, the price of concrete is mainly stable, and the local pressure is falling. From September 12 to September 18, the national concrete price index closed at 112.93 points, down 0.21% annually and 10.83% year-on-year.