Steppe Cement's market share edges up
Kazakhstan-based Steppe Cement sold 281,968t of cement for KZT6.299m in the first quarter of 2022. This brings the company’s market share to 13.7 per cent in the 1Q22 from 13.2 ...
Kazakhstan
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Steppe Cement sees 16% hike in revenue in 2021
Kazakh cement producer Steppe Cement saw its revenue increase 16 per cent to KZT36.02bn (US$82.7m) in 2021 as it sold 1,688,544t of cement, up from the 1,645,744t reported in 20...
Steppe Cement reports 16% revenue increase
Kazakhstan’s Steppe Cement has recorded an 8.5 per cent YoY rise in revenue to KZT12.05bn (US$28.33m) in the third quarter of 2021, compared to KZT11.11bn in the year-ago period...
International Cement Korday plans new 1.5Mta project
Kazakhstan’s International Cement Korday (International Cement Group Ltd) has entered into a joint venture agreement with Nurzhan Shakirov for the construction of a cement plant...
Steppe Cement sees sales volume rise 10%
Kazakhstan’s Steppe Cement has seen its cement sales volumes rise 10 per cent YoY to 840,661t in the first half of 2021, compared to 764,752t in the first six months of last yea...
Steppe Cement records 14% rise in profit
Kazakhstan’s Steppe Cement has posted a net profit of US$11.1m for 2020, up 14.4 per cent YoY from US$9.7m in the previous year. EBITDA also saw a modest increase to US$24.2m fr...
Uzbekistan cement imports surge in 4M21
Uzbekistan imported 1Mt of cement worth US$50.5m in the January-April 2021 period, more than doubling the year-ago volume of 515,100t, according to Trend reporting the latest da...
Kazakhstan sees cement price hike
Kazakhstan has seen a rise in cement prices on the back of an improvement in the country’s housing construction market. "In general, manufacturers' prices are kept at KZT20-22,0...
Kazakhstan develops new cement regulations
Kazakhstan’s Ministry of Trade and Integration has met with the country’s cement and concrete association, QazCem, to discuss the illegal circulation of counterfeit cement. "Tod...
Sharcem set to acquire plant from Kazakhcement
Singapore-based International Cement Group (ICG) has incorporated a new subsidiary in Kazakhstan. Sharcem will be 60 per cent owned by the group’s direct subsidiary, Internation...