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Russian Cement Production Increases

World Cement,

Rosstat data is reporting that for the first time since the beginning of the economic crisis, cement production in Russia recorded positive growth in the first six months of this year. During those months, Russian cement plants produced 21.4 million t of cement, which was 10.9% more than during the equivalent period of 2009 (19.35 million t).

The industry has not yet returned to the scale of production reached before the recession. Forecasts suggest by the end of 2010 overall cement production in the country will reach 49 million t, a 10-15% y-o-y increase.

Cement prices in Russia have also increased slightly. At present , in August, 1t of cement costs about RUB 3000-3500 (€76-89), with the lowest price of RUB 2500 (€63) being recorded in February-March 2010.

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