Pakistan: Cement producers in Pakistan are expected to have recorded a 9% year-on-year decline in profitability for the second quarter of the 2026 fiscal year (FY2026), which ended on 31 December 2025. The sector’s profit is projected at US$68.8m compared to US$75.6m in the same quarter of FY2025. The decrease was primarily attributed to lower domestic retention prices, according to analyst firm JS Global, which also says that the sector's profitability will drop by 25% compared to the first quarter of FY2025.

Despite a rise in domestic despatches and a modest recovery in retention prices, increased fuel costs, driven by the unavailability of Afghan coal, have impacted the industry's financial performance. Net sales for the sector are expected to rise by 4% quarter-on-quarter, reaching US$384m, mainly due to a 12% increase in domestic despatches. Capacity utilisation rose to 63% in the second quarter of FY2026, up from 61% in the same period of FY2025 and 59% in the first quarter of FY2026. Regional dynamics contributed to the challenges faced by the industry. Cement manufacturers in the south of Pakistan relied on Richards Bay coal, while those in the north shifted towards Richards Bay coal due to disruptions in Afghan coal supply.

The report from JS Global also highlighted varied performances among leading cement companies. Lucky Cement is anticipated to see a 9% year-on-year increase in earnings for the second quarter of FY2026, buoyed by its diversified business operations. Meanwhile, Kohat Cement and Maple Leaf Cement are expected to report earnings declines of 17% year-on-year, affected by lower prices and elevated fuel costs. DG Khan Cement’s earnings are projected to remain flat on a year-on-year basis.

Tajikistan: The Huaxin Gayur JV cement plant, a joint venture between China with Tajikistan, has reported that it aims to achieve an output valued at over US$80m in 2026, its first full year of operation. According to local press in the Sughd region, the 3300t/day (1Mt/yr) plant aims to sufficiently meet domestic market demand for cement, reducing reliance on imports, while creating new jobs. It makes 400, 500 and 600 grades of cement in compliance with international standards, making the products competitive in global markets.

Türkiye: Türkçimento reports that the Turkish cement industry produced 68.2Mt of cement in the first nine months of 2025, a rise of 7.4% year-on-year compared to the first nine months of 2024, when it produced 63.5Mt. Domestic sales in the first nine months of 2025 were 56.2Mt, a 6.3% rise from 52.9Mt in the first nine months of 2024. Cement exports reached 11.5Mt, a 12.7% year-on-year rise from 10.2Mt a year earlier.

Kazakhstan: Steppe Cement has announced unaudited results for the year to 31 December 2025. It reported a revenue of US$100m, which was 33% higher in local currency terms than the US$84m recorded in 2024. The company sold 2.07Mt of cement, all of it to the domestic market. This was 21% more than the 1.71Mt sold in 2024. The company said that this had been achieved due to several incremental process improvements over the past two years. The plant is reported to be operating at maximum capacity.

The Kazakh market consumed 14.5Mt of cement in 2025, a 22% rise compared to 11.9Mt in 2024. The rise was mostly due to strong housing construction. Steppe Cement's share of the domestic market was 14.3%, versus 14.5% in the prior year.

Total cement imports into Kazakhstan were estimated at 1.0Mt in 2025, a 43% increase compared with 0.7Mt in 2024. Cement exports amounted to 0.7Mt/yr, a 22% fall compared to 0.9Mt in 2024.