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Displaying items by tag: cement
Wednesday, 18 August 2010 12:26

Cement production back to growth

For the first time since the beginning of the economic recession, cement production in Russia boasted a positive growth rate in H1 2010. During the first six months Russian cement plants produced 21.4 million tonnes of cement, 10.9% more than during the equivalent period of 2009 (19.35 million tonnes), according to the Rosstat data. However, the Russian cement industry has not yet reached the indicators witnessed before the recession. It is forecast that by the end of 2010 overall cement production in Russia will reach 49 million tonnes, a 10-15% year-on-year increase. 
Cement prices in Russia have also increased slightly. At present, in August, one tonne of cement costs about RUB 3,000 -3,500 (€76-89), with the lowest price of RUB 2,500 (€63) was recorded in February-March 2010.