Russian consumption rises by 9.6% year-on-year in January 2020

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Russia: Russian producers sold 2.4Mt of cement in January 2020, up by 9.6% from 2.2Mt in January 2019. This is in line with Unioncement’s optimistic forecast of 6% year-on-year demand growth. The coming construction season promises sustained growth due to the planned renovation of housing stock, the implementation of integrated development projects and an increased share of roads built using cement concrete, in line with the country’s 2020 Housing and Urban Environment programme and President Putin’s social initiatives.

Last modified on 12 February 2020

URL: https://www.globalcement.com/news/item/10432-russian-consumption-rises-by-9-6-year-on-year-in-january-2020

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