Egypt’s cement sales decline 8% in Q1

Cairo – Mubasher: Total cement sales in Egypt declined by 7.71% quarter-on-quarter to 10.9 million tonnes during the first quarter of the fiscal year 2019.

Total cement production in Egypt went down 8.08% quarter-on-quarter to 11.2 million tonnes in Q1-19, according to the Central Bank of Egypt (CBE).

The average price of cement per tonne levelled down 0.75% to EGP 1,190 from January to the end of March 2019, compared to the previous quarter.

Mubasher Contribution Time: 25-Jun-2019 16:34 (GMT)
Mubasher Last Update Time: 25-Jun-2019 16:34 (GMT)