According to the Russian Cement Association, domestic cement consumption will fall by as much as 15% in 2015, the lowest since 2009, due to the reduction of real estate and infrastructure projects.
Since 2015, domestic cement sales have fallen by at least 5%. The decline in sales is likely to continue for several years. Lafarge also predicted that the central region of Russia would be the region with the most obvious decline, with sales falling by 8% to 12%. Lafarge has also set a cement production target of 26 million tons in 2015. Siberian Cement, a cement company, said that the Siberian cement market may shrink by 5% to 7% in 2015, and cement production will also fall by 7% to 4 million tons.
In 2014, Russia's cement production increased by 3% year-on-year to 68.4 million tons.
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