Displaying items by tag: Al Rajhi Capital
Saudi Arabian cement demand expected to fall in 2019
19 February 2019Saudi Arabia: Demand for cement is forecast to fall in 2019. A report by Al Rajhi Capital expects this due to reduced government spending on infrastructure projects and growing construction costs, according to Trade Arabia. Cement producers will focus on pricing rather than volume in this environment. Exports are also expected to increase. Local sales volumes of cement decreased by 13% year-on-year in 2018.
Published in
Global Cement News
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