Skip to main content

Kazakhstan boosts cement exports

Published by
World Cement,


Kazakhstan’s cement makers took advantage of favourable exchange rates to more than double exports in 1H17 from 0.16 million t to 0.45 million t, according to Steppe Cement. Shipments from Kazakhstani producers rose 5% as a result, despite a 1% contraction in the country’s domestic cement market.

Steppe Cement exported 11% of its sales, compared with just 4% in 2016, as its share of the Kazakhstan market fell to 15% from 18% in 1H16. Overall the company sold 0.65 million t of cement, compared with 0.76 million in the first six months of last year, as it concentrated on improving pricing.

Ex-factory price for the current period was KZT13 151 per tonne (US$40.4 per tonne), compared with KZT 10 751 per tonne (US$33.0 per tonne) in 2016, the company said. This resulted in a 4% improvement in turnover, despite the lower volumes, to KZT8.6 million (US$26.3 million).

Steppe Cement estimates Kazakhstan’s cement consumption will be 9 million t this year.

Read the article online at: https://www.worldcement.com/europe-cis/18072017/kazakhstan-boosts-cement-exports/

You might also like

CEMEX and Tetra Pak foster a more circular economy

CEMEX announced today that, through its affiliate Pro Ambiente, it will work with Tetra Pak and the government of the Mexican city of Quer├ętaro to recycle over 1.5 million beverage cartons per month.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Cement shipping news