Steppe Cement down as volumes decline

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Steppe Cement down as volumes decline
Master Investor Magazine

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AIM-listed Steppe Cement (LON:STCM) dropped 6.76% to 34.50p (as of 14:30 GMT) as sales volumes fell slightly during 2019. The company’s local market share remained steady in Kazakhstan but export levels dropped by 35%.

Average delivered prices were 8% higher than in 2018 excluding VAT.

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