Steppe Cement reports rise in revenue
Published by Jonathan Rowland,
Editor
World Cement,
Kazakh cement producer, Steppe Cement, reported 3Q18 revenue up 26% on the previous year, while year-to-date revenue covering the first nine months of the year was up 25%.
The increase in revenue was delivered primarily through an increase in prices, which were 15% higher over the first nine months of the year compared to 2017. This reflects the company’s efforts to support price rises against volume growth.
Volumes were down 5% in 3Q17, although they were up over the first nine months, by 4% on 2017.
Read the article online at: https://www.worldcement.com/asia-pacific-rim/11102018/steppe-cement-reports-rise-in-revenue/
You might also like
Christian Pfeiffer awarded sustainable ball mill contract from Hallett Construction Materials
Christian Pfeiffer has been assigned with the delivery of a complete grinding circuit, consisting of a Ø5.0 x 16.25m ball mill and an QDK T 250-Z high efficiency separator, completed by auxiliary equipment and conveying systems.
