An update from Steppe Cement ( (GB:STCM) ) is now available.
Steppe Cement Ltd reported a strong performance in Q1 2025, with a 57% increase in cement sales volume and a 71% rise in revenue compared to Q1 2024. The company’s market share grew to 13.5%, and clinker production increased by 14%, positioning it well for the upcoming busy summer months. Despite this growth, the company maintains a cautious outlook due to potential impacts from rising inflation and global developments on Kazakhstan’s construction sector. The overall cement market in Kazakhstan saw a 20.4% increase in sales, although exports declined while imports surged, particularly from Uzbekistan and Russia.
More about Steppe Cement
Steppe Cement Ltd is a company operating in the construction materials industry, primarily focusing on the production and sale of cement. It has a significant market presence in Kazakhstan, where it aims to capitalize on the growing demand for cement in the construction sector.
YTD Price Performance: -9.68%
Average Trading Volume: 55,099
Technical Sentiment Signal: Strong Buy
Current Market Cap: £31.75M
For a thorough assessment of STCM stock, go to TipRanks’ Stock Analysis page.