KSA cement firms' sales down 16% in January

Riyadh – Mubasher: Saudi cement companies' sales fell 15.66% to 4.85 million tonnes in January from 5.75 million tonnes in the year-ago period, although Umm Al Qura Cement participated by 115,000 tonnes.

Moreover, production retreated 16.87% to 4.78 million tonnes in January compared to 5.74 million tonnes in the same period last year.

Inventories increased 26.34% to 1.12 million tonnes in January 2017 from 877,000 tonnes in January 2016.

MUBASHER Contribution Time: 12-Feb-2017 10:05 (GMT)
MUBASHER Last Update Time: 12-Feb-2017 10:05 (GMT)