Kazakhstan: Steppe Cement has announced unaudited results for the year to 31 December 2025. It reported a revenue of US$100m, which was 33% higher in local currency terms than the US$84m recorded in 2024. The company sold 2.07Mt of cement, all of it to the domestic market. This was 21% more than the 1.71Mt sold in 2024. The company said that this had been achieved due to several incremental process improvements over the past two years. The plant is reported to be operating at maximum capacity.
The Kazakh market consumed 14.5Mt of cement in 2025, a 22% rise compared to 11.9Mt in 2024. The rise was mostly due to strong housing construction. Steppe Cement's share of the domestic market was 14.3%, versus 14.5% in the prior year.
Total cement imports into Kazakhstan were estimated at 1.0Mt in 2025, a 43% increase compared with 0.7Mt in 2024. Cement exports amounted to 0.7Mt/yr, a 22% fall compared to 0.9Mt in 2024.
