Russia: JSC Sibirsky Cement Holding Company (Sibcem), has reported that it produced 0.52Mt of cement in the three months to March 2026, 37.5% less than in the same period of 2025, when it made 0.83Mt/yr.
Production at the Topkinsky Cement plant fell by 47.4% to 0.19Mt, while Iskitimcement saw production fall by 23% to 0.16Mt. Krasnoyarsky Cement saw a fall of 33.3% to 84,200t, Angarsky Cement saw production halve to 55,800t and Timlyuisky Cement made just 38,300t, a 38% fall.
"As the rate of construction slows down significantly, demand for cement continues to decline,” said JSC Sibcem Holding Company Deputy CEO Alexander Legotin. “Analysts from our company estimate the volume of the Siberian cement market (as a whole) is down by 29.8% from the 2025 result." He said that only the Transbaikal Territory had shown growth in the January-March 2026 quarter, with a rise of 32.9% due to large investment projects. "The negative trends will remain until the end of the year and the Siberian market will decline by at least 15%," Legotin concluded.