Steppe Cement profit rises as Kazakh market grows 13%
Kazakhstan-based Steppe Cement Friday reported an increase in profit and revenue in the full year 2013, as domestic demand grew by double-digit figures.
Consumption
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Chinese sector set for turbulent ride – MS
The Chinese cement industry is in for a turbulent ride, according to analysts at Morgan Stanley, as falling construction starts and infrastructure investment affect demand. "Slo...
Steppe Cement 1Q14 market update, Kazakhstan
Steppe Cement Ltd said it sold 198,607t of cement in the 1Q14 for KZT2486m (US$13.7m), compared to 166,121t of cement for KZT2272m in 1Q13, representing an increase of 20 and ni...
Qatar consumption forecast to double by FY17
Cement consumption in Qatar is expected to double from current levels within the next three years, a new report has forecast.
Fitch affirms Siam City Cement’s long-term rating, outlook ‘Stable’
Fitch Ratings has affirmed Thailand-based Siam City Cement Public Co Ltd's (SCCC) National Long-Term Rating at 'A(tha)', its National Short-Term Rating at 'F1(tha)', its Nationa...
Saudi Cement: first-quarter net profit declines
Saudi Cement Co posted a 16 per cent decline in net profit for the first three months of this year due to lower domestic demand and losses from an associate company.
Indonesia 1Q14 sales growth slows
Indonesian cement consumption slowed during the first quarter of this year despite a strong rebound in March sales, latest data by the Indonesia Cement Association (ASI) shows.
Spain: cautious outlook maintained
Cement demand in Spain registered its first monthly growth since the recession started as it reached 875,000t in March, up 16 per cent YoY, according to Oficemen data. However, ...
Puerto Rico: cement sales up 7% in March
March signalled a change in the Puerto Rican cement market as 1358.7 94lb bags were sold, up 85.5 bags from February, ending several months of decline. Sales were the highest si...
SCCC cautious on revenue growth and demand
Siam City Cement (SCCC) is cautious on its outlook for the year and expects marginal or even flat revenue growth. Speaking to the Bangkok Post, director and chief executive Vora...