Egyptian cement sales decline 8% in 1Q19

Total cement sales in Egypt declined 7.7 per cent QoQ to 10.9Mt during the first quarter of 2019, while production decreased 8.1 per cent QoQ to 11.2Mt, according to the Central Bank of Egypt.

The average price of cement slipped 0.8 per cent to EGP1190/t (US$71.2/t) in the 1Q19.