Armenia: The Armenian government has extended restrictions on the import of cement and clinker from Iran and other countries for another six months on 28 November 2024.The restrictions were first adopted on 13 January 2022 and have been repeatedly extended since then. The latest decision takes effect on 20 January 2025 and is valid until 20 July 2025.As a result, domestic cement production increased to 1.14Mt in 2023, a rise of 13% year-on-year, while clinker imports rose by 125,200t (19%) and cement imports increased to approximately 270,000t. During the first eight months of 2024, cement imports rose to 305,100t, a 260% increase compared to the same period in 2023, due to lower Iranian cement price. Concurrently, local cement production declined by 31% to 485,900t in the first half of 2024/Global Cement