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Saudi Cement companies await upturn on 2Q18 export sales

14 March 2018, Published under Cement News

Saudi cement companies' sales in February fell 11 per cent 3.63Mt compared to sales of 4.09Mt in February 2017. However, analysts are confident that 2Q18 sales will increase on the back of higher exports. Asharq Al-Awsat reported that Saudi Arabian cement companies will rely on completing domestic construction projects and increased exports to raise revenues in 2Q18. "Saudi cement companies are positioned to boost sales in the second half of this year," said economic specialist Faisal ...