Cement News tagged under: Kazakhstan

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Steppe Cement posts 8% revenue rise in 2019

13 January 2020, Published under Cement News

Kazakhstan-based Steppe Cement has posted revenues of KZT30.534bn (US$81m) for the year ended 31 December 2019. This represents a rise of eight per cent when compared with 2018. The company sold 1,715,761t of cement in 2019, marginally lower than the previous year. Steppe Cement is the country's fourth-largest cement producer with a total cement capacity of 1.9Mta. It operates two plants in Karaganda: the 1.1Mta Central Asia Cement works and the 0.8Mta Karcement unit.

Kazakhstan Portland cement output falls to 7.8Mt

06 November 2019, Published under Cement News

In the January-September 2019 period cement production in Kazakhstan has fallen by 2.5 per cent to 7.8Mt when compared with the 9M18, when output reached 8Mt, according to Kazakhstan Newsline. Cement prices increased 3.1 per cent to KZT23,300/t (US$59.96/t) in September 2019 from KZT22,600/t in September 2018. The average retail price of M400 cement rose 7.7 per cent YoY from KZT1300/50kg bag to KZT1400/bag over the same period.

China Gezhouba Group Cement's Shieli plant put into operation

21 October 2019, Published under Cement News

China Gezhouba Group Cement Co Ltd’s (CGGCC) plant in Shieli, Kazakhstan, was officially put into operation on 18 October. The 2500tpd China-Kazakh project began construction in April 2017, with a total investment of US$178m. "The Kazakh government at all levels has strongly supported the construction and operation of the plant," said Li Ming, chairman of CGGCC. The facility produces nine types of cement and is the first in Kyzylorda region. "With the alignment of the Belt and Road ...

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...