RMC production in 7M 2020 amounted to 19.4 million m3 (up by 1.7 % YoY). July levels showed and increase of 8.7 % MoM and 13.6 % YoY. In 7M 2020, enterprises of the Russian Federation produced 31.2 million tons of cement (Portland cement, alumina cement, slag cement and similar hydraulic cements), down by 5.6 % YoY. July levels showed an increase of 2.8 % MoM and a decrease of 8.1 % YoY.
Cumulative production volumes still lag behind YoY, but the cement and construction sectors in the country are gradually recovering. The stimulating factors behind the recovery are the support measures announced by the Russian government. Due to the state support of the industry, the construction sector has attracted extra 1.44 trillion rubles in H1 2020 (14 % YoY).