Egypt's unemployment increases to 7.4% in Q1 2021: CAPMAS    Egypt's Trade Minister outlines customs clearance conditions for imported electric vehicles    Egypt raises readiness at university hospitals for Eid Al-Fitr holidays    Egypt develops Suez Canal in line with international trade movement: Al-Sisi    Egypt, Saudi Arabia, UN discuss latest developments in Jerusalem    Egypt's stocks end higher on Tuesday, benchmark EGX 30 edges up 0.77%    Abu Dhabi's Aldar looking for more deals in Egypt's real estate sector – CEO    Rid-hailing Careem, Uber raise fares after fuel hikes    Opinion| Selection bias model    Egypt's Parliament discusses abolishing imprisonment for female debtors    India to procure 300k Remdesivir doses from Egypt's Eva Pharma    Arab Observatory for Human Rights condemns Israeli violations in Jerusalem    Egypt will locally manufacture first 2m Sinovac vaccine doses by June-end    Vax Live concert exceeds vaccine goal to raise $302m    2021 South East European Film Festival celebrates cinematic diversity of 18 countries    Sheffield Documentary Film Festival announces line-up for June edition    Lebanese pop star Carole Samaha to release new album this summer    African Union chair meets Egypt's Al-Sisi within regional tour to stimulate GERD talks    We want Egypt and Sudan to agree to second filling only: Ethiopia    Turkey seeks to restore 'historic unity' with Egyptian people: Erdogan    Altibbi launches first Arabic app to support mothers' Health in Egypt among $8.5 mln investments    Al Ahly face injuries as they take on Al Ittihad Alexandria    Elneny's Arsenal targets 'remontada' in Europa League semi-finals    Zamalek eye return to victories at expense of Smouha in Egyptian Premier League    Egypt's CIB first bank in MENA, Africa to receive Gender Equity Seal    Egypt buys 30 Rafale fighter jets from France    Direct flights between Russia and Egypt will resume in June, Ambassador    Egypt's Ahly is establishing a new stadium, expected to be 'sports complex'    Blinken presses Ethiopia's Abiy to ensure full withdrawal of Eritrean troops from Tigray    Forces opposed to Somali president control parts of Mogadishu    Nine people executed in Egypt over Kerdasa police killings in 2013    UEFA investigating Ibrahimovic's alleged ties to betting company    61 doctors died from coronavirus since start of April: Egypt's medical syndicate    Egypt targets 5.6% inflation rate in FY2020/21, 6% in FY2021/22    Egypt allocates EGP 132 bln to modernise railway system: Transport minister    Real Madrid not thinking about any Super League sanctions: Zidane    Total declares force majeure on Mozambique LNG after attacks    All the winners at the 93rd Academy Awards    Egypt's Ahly granted approval to build new stadium on Cairo outskirts    Aswan Int'l Women's Film Festival dedicates 5th edition to Kawthar Heikal    BREAKING: Egypt's information minister Osama Heikal resigns amid parliamentary criticism    'War was not Egypt's aim, but peace was the ultimate goal,' Sisi says on Sinai Liberation Day anniversary    Factbox: Key nominations for the 2021 Academy Awards    Old Cairo's Al-Fustat will be revamped on Egyptian President's directives    Veteran Egyptian journalist Makram Mohamed Ahmed passes away at 86    Allianz Egypt partners with IGNITE to equip brand ambassadors for 2021 Olympics    Hassan Allam consortium wins contract to manage, operate Grand Egyptian Museum    Seasoned Egyptian screenwriter Wahid Hamed dies at 76    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Egyptian cement sees highest sales in recent years during March
Total sales record 4.99 million tonnes during March
Published in Daily News Egypt on 14 - 04 - 2021

Egypt's cement industry witnessed strong sales in March, with industry dispatch indicators registering one of the highest monthly run rates in recent years.
Total sales recorded 4.99 million tonnes (including exports) during March, up 22% month-on-month (m-o-m) and 15% year-on-year (y-o-y), the highest in years.
Total industry utilisation rate jumped to 74% compared to 60% in February, up significantly versus the average of 59% recorded in 2020.
Excess capacity amounts to 26%, the lowest since 2018. Watania Cement (Beni Suef) recorded the highest sales of 990,000 tonnes with a market share of 20%, according to calculations. This meant that volumes were up 40% m-o-m, and 141% y-o-y.
Among listed producers, Sinai Cement recorded the strongest growth with sales growing 51% m-o-m and 72% y-o-y. Most other listed peers recorded a drop in sales on a y-o-y basis.
Although one of its lines was not operating for most of March, Arabian Cement's volumes saw an improvement of 39% m-o-m, but recording a 41% y-o-y decline.
Misr Beni Suef Cement registered volumes of 115,000 tonnes, down 8% m-o-m and 47% y-o-y, whilst Misr Cement Qena registered volumes of 343,000 tonnes, down 5% m-o-m and 14% y-o-y.
South Valley Cement 34,000 tonnes, down 23% m-o-m and 40% y-o-y, whilst Suez Cement, posted sales of 423,000 tonnes, declining 6% m-o-m and 26% y-o-y.


Clic here to read the story from its source.