Demand for cement down 12.6% y-o-y in April due to COVID-19, Ramadan

Demand for cement down 12.6% y-o-y in April due to COVID-19, Ramadan

Egypt's cement industry already affected by supply glut of 40%. Comments Off on Demand for cement down 12.6% y-o-y in April due to COVID-19, Ramadan. The cement industry's sales volumes for April, excluding exports, have dropped 9.7% m-o-m and 13.4% y-o-y.. Suez Cement (SUCE) was the least affected, as sales declined by only 2.4%. highest rate to buy US Dollar. lowest rate to sell US Dollar.