Saudi cement demand declined 3.2 per cent year on year in the third quarter of 2026, according to Riyadh Cement chief executive, Shoeil Al Ayed.
Speaking to saudi news portal Argaam on 8 November, Mr Al Ayed attributed the contraction to weaker demand from infrastructure, housing and property development, alongside regional uncertainty and intense market competition.
Riyadh Cement’s average grey-cement selling price reached approximately SAR150/t, up 10 per cent YoY but down 15 per cent from the preceding quarter. Grey-cement sales volumes increased five per cent year on year to around 838,000t.
Mr Al Ayed said the company was focusing on operational efficiency and production-cost management to maintain competitiveness. He expects demand and selling prices to improve during the fourth quarter, subject to greater regional stability and stronger market activity.
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