Kazakhstan

164 posts · Page 7 of 17

China: outward bound

China: outward bound Premium

China’s Belt and Road Initiative (BRI) is now an integral part of the country’s overseas expansion policy. Since its inception in 2013, the BRI has been one of the essential veh...

Steppe Cement posts 8% revenue rise in 2019

Steppe Cement posts 8% revenue rise in 2019

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....

Kazakhstan Portland cement output falls to 7.8Mt

Kazakhstan Portland cement output falls to 7.8Mt

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 Kazak...

Steppe Cement suffers weak 3Q19

Steppe Cement suffers weak 3Q19

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...

Russia's cement market cools but exports strong

Russia's cement market cools but exports strong

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 c...

Steppe Cement records 6% rise in volumes for 1H19

Steppe Cement records 6% rise in volumes for 1H19

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...

Uzbekistan proposes to cancel import benefits

Uzbekistan proposes to cancel import benefits

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 t...

Kazakhstan: staking a claim

Kazakhstan: staking a claim Premium

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 ...