Business
Update on Trading Position
Update on Trading Position.
About this update from Steppe Cement Ltd
[{"type":"text","content":"\n Steppe Cement Limited\n25 June 2007\n\nSteppe Cement Limited\nUpdate on Trading Position\n\nSteppe Cement Limited advises that it expects its cement sales for the six month\nperiod to 30 June 2007 will be approximately 380,000 tonnes for total revenue of\nUS$ 36.0 m. This compares with 365,443 tonnes for total revenue of US$28.6 m for\nthe six month period ended 30 June 2006.\n\nPrices for cement appear to be set to continue to strengthen through the summer\nmonths as demand typically rises during this time of the year.\n\nAll four of the company's wet lines have been fully operational since April 2007\nand production levels are now stable at 72,000 tonnes of cement per month. The\nrefurbishment of the company's dry lines continues to advance consistent with\nprevious market announcements.\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1038,"tagName":"div"}]