Steppe Cement updates on full-year 2020 performance

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Kazakhstan: Steppe Cement increased its full-year sales by 1% year-on-year to US$73m in 2020 from US$72m in 2019. Its cement sales fell by 4% to 1.6Mt from 1.7Mt, and its exports rose by 30% to 0.2Mt. Domestic demand rose by 6% to 9.4Mt from 8.9Mt. Steppe Cement’s market share fell to 15%.

Kazakhstan’s overall cement exports rose by 25% in 2020 to 2.0Mt from 1.6Mt. Imports fell by 14% to 0.6Mt from 0.7Mt.

Last modified on 13 January 2021

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