Turkish cement industry faces escalating costs

Türkiye: Cement producers are confronting a ‘dual crisis’ of rising operating costs and ‘acute’ ship shortages, Platts has reported. Energy prices rose by 30% month-on-month in March 2026, while some freight rates rose even more sharply in the same period. Producers reliant on cost-insurance-freight contracts are particularly exposed. Resulting disruptions are reportedly preventing producers and exporters from benefitting from increased cement demand in key export markets.

Exporter Medcem Global’s trading and shipping director Ender Sahin told Platts "The freight on some routes has nearly doubled. It is becoming impossible to survive and continue the business."