The market cannot withstand: A conflict with Belarus is breeding in Russia

In Russia, an economic conflict in Belarus is breaking beer due to the excessive property of the domestic market of Belarusian cement. This was reported by Ukraine’s Foreign Intelligence Service on Tuesday, August 12.

Due to the excess building material and the collapse of sales from October 1, the largest Cemos of the Russian manufacturer, combined with 16 cement plants and over 30 quarries in 13 regions, switched to a four -day working week.

In handling belonging to the Prochremlin oligarch Oleg Deripasska, they offer to limit imports and introduce five -The anti -dumping duty to protect local manufacturers.

The intelligence noted that Belarusian cement became the main “culprit” of market oversaturation. Along with the supply from Kazakhstan, Iran, China and Vietnam, he has already transferred Russian products from the local market.

Over the past five years, imports have grown almost three times, while domestic consumption – by less than 16%.

As a result, the imported cement in volumes equals the annual production of many Russian plants, forcing them to reduce labor.

Russian cement manufacturers want to adjust imports at a level of 1.5 million tons per year. This will provide additional loading of at least 2 million tons for local capabilities. Otherwise, this year the market may interfere 10-15% of last year, if demand is about 67 million tons.

Earlier it was reported that Russian gas was reducing the working week due to the collapse of the car market. Russia’s largest car manufacturer – Avtovaz – also announced the transition to a shortened working week.

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