No, I wouldn't use it for either of those things. It literally means to become static (i.e. to become incapable of movement). You would still never use this for wind, since the air is always capable of movement, but concrete can "set," a cake can "set," etc. It's also used in several phrasal verbs ("set up," "set in", "set aside," etc.) but I don't think that any of them have the meaning you want.