Russia: Cemros has suspended cement production at its Belgorod cement plant due to market deterioration, reduced profitability and a rising share of imports on the domestic market. The company said that the forced downtime will be used for equipment repairs, with operations expected to resume within a few months.
Cement consumption in Russia fell by 9% in the first half of 2025, and by 10.5% in the second quarter. Consumption in the Central Federal District, including the Belgorod region, dropped by 12% in June 2025, and by 8% in the Belgorod region itself. Cemros expects the decline to reach 13-15% by the end of 2025. The producer attributed the decline to high interest rates, the end of preferential mortgage programmes and a slowdown in construction projects. Cemros said that imports in 2025 have increased year-on-year, with the majority coming from Belarus. Imports from Iran have also increased by 25% since 2024. The producer said that the total volume of imported cement will be around 4Mt by the end of 2025.
Cemros said that all employees will remain on staff with pay and benefits, and some will be relocated to other plants.