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An update from Steppe Cement ( (GB:STCM) ) is now available.
In the first half of 2025, Steppe Cement reported a significant increase in sales volume and turnover, with an 18.2% rise in cement sales and a 35% increase in turnover compared to the same period in 2024. Despite inflationary pressures and increased costs, particularly in transport and utilities, the company managed to improve production levels, although its market share slightly decreased to 13%. The domestic cement market experienced a 21% growth, driven by favorable weather and increased construction activities, while exports decreased and imports rose. New cement plant projects in Kazakhstan indicate potential shifts in market dynamics.
More about Steppe Cement
Steppe Cement is a company operating in the cement industry, focusing on the production and sale of cement primarily in Kazakhstan. The company targets domestic markets, particularly in regions with significant construction activities, and is affected by regional economic factors such as inflation and currency devaluation.
Average Trading Volume: 73,313
Technical Sentiment Signal: Sell
Current Market Cap: £35.04M
Find detailed analytics on STCM stock on TipRanks’ Stock Analysis page.