Cement News tagged under: Kazakhstan

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Steppe Cement suffers weak 3Q19

08 October 2019, Published under Cement News

Steppe Cement Ltd of Kazakhstan had a weak third-quarter performance but said year-to-date revenue benefitted from rising cement prices. The construction materials producer said revenue in the three months to the end of September was 10 per cent lower compared with the prior year, at KZT10.56bn (US$27.1m). A cement sales volume of 576,692t was achieved by Steppe Cement during the 3Q19, an 11 per cent decrease from the 3Q18. However, for the first nine months of 2019 revenue rose by 10 per...

Russia's cement market cools but exports strong

19 September 2019, Published under Cement News

Cement production in Russia increased by 8.9 per cent YoY to 33Mt in the first seven months of 2019, according to Soyuzcement, the country’s cement association. The demand for cement in Russia in the January-July 2019 period was at the highest level for several years, added the association. However, since July demand has significantly fallen, despite the domestic construction sector experiencing its high season. Soyuzcement analysts anticipate consumption to continue its downward trend in ...

Steppe Cement records 6% rise in volumes for 1H19

10 July 2019, Published under Cement News

Kazakhstan’s Steppe Cement has sold 780,315t of cement in the first half of 2019, an increase of six per cent YoY from 738,228t in the year-ago period. The revenue from the sale of cement has surged 34 per cent to KZT14bn (US$36.6m) from KZT10.5bn. The average price of its cement, excluding VAT, rose to KZT18,042/t, compared with KZT14,276/t in the 1H18. The company’s local market share increased slightly to 17 per cent from 16 per cent. The overall cement market in the country contracte...

Kazakhstan output represents 12 per cent of total Eurasian cement production

21 June 2019, Published under Cement News

Kazakhstan produced 12 per cent of the total volume of cement manufactured in the Eurasian Economic Union (EEU) during the 1Q19, according to Trend News Agency. The total volume of output in the first quarter reached 12.03Mt, or on average 16-19 per cent of the annual volume due to the seasonal nature of cement production and demand. Some 77.5 per cent is produced by Russia, which is the largest producer in the block. Kazakhstan follows with 12 per cent while Belarus and Kyrgyzstan have sh...

Uzbekistan proposes to cancel import benefits

07 May 2019, Published under Cement News

The Ministry of Investment and Foreign Trade of Uzbekistan has proposed to abolish cement import benefits, which were introduced in January 2018. The government suggested that the abolition of the benefits will lead to more efficient production of building materials, create a competitive market and increase domestic production, according to Esmerk CIS News. Uzbekistan’s leading supplier of imported cement is Kazakhstan, which in November supplied 1500t of cement. As of April 2019, ceme...

Kazakhstan: staking a claim

23 April 2019, Published under Cement News

While Kazakstan’s cement demand fell in 2018, the future holds the promise of an expanding domestic market and increasing export sales. Therefore, domestic cement producers are expanding capacity while new entrants stake a claim to future cement market growth. By Joseph F Govreau, Industrial Info Resources, USA. With ambitious infrastructure development programmes and a robust residential construction market, Kazakh cement producers are expected to enjoy rising cement demand in the...

A rejuvenated Kazakhstan cement market?

15 April 2019, Published under Cement News

This week Steppe Cement reported its 1Q19 business results with an exceptionally-strong performance when compared with the 1Q18. The market leader increased its market share to 17.4 per cent on the back of strong cement demand and price rises. Steppe Cement reported ex-works prices rising to KZT13,614/t (US$35.93/t) of cement. Ambitious construction projects drive cement demand Underlying the sudden upward trend in Kazakh cement demand is the country’s housing boom and investment in l...

A rejuvenated Kazakhstan cement market?

12 April 2019, Published under Cement News

This week Steppe Cement reported its 1Q19 business results with an exceptionally-strong performance when compared with the 1Q18. The market leader increased its market share to 17.4 per cent on the back of strong cement demand and price rises. Steppe Cement reported ex-works prices rising to KZT13,614/t (US$35.93/t) of cement. Ambitious construction projects drive cement demand Underlying the sudden upward trend in Kazakh cement demand is the country’s housing boom and investment in l...

Steppe Cement records strong sales in 1Q19

11 April 2019, Published under Cement News

Steppe Cement reports that in the 1Q19 the cement producer sold 266,393t of cement for KZT4455m (US$11.76m), compared to 197,179t of cement for KZT2313m in the 1Q18, an increase of 35 and 93 per cent, respectively. Steppe Cement reports that higher transport tariffs and rental expenses have been offset by savings due to better utilisation of the wagon fleet and increased sales in markets close to the factory. Kazakhstan’s cement market grew by 3.6 per cent in the 1Q19 and Steppe Ceme...

Pengfei Group completes order for Alasim Cement

29 March 2019, Published under Cement News

Pengfei Group's first batch of cement equipment has arrived at the Khorgos Customs in Xinjing province and leaving for the Alasim Cement plant project site in Kazakhstan. Pengfei Group of China and Alasim Cement Co Ltd. signed an EPC turnkey project for a 1.2Mta kiln line. The project covers all supporting contents such as engineering design, construction engineering, mechanical and electrical equipment, installation materials, and compliance commissioning. The project forms part of the 'O...