Demand for cement drops

PRETORIA Portland Cement expects demand for cement this year to be lower than last year after sales in its first quarter were down compared to a year ago.

PRETORIA Portland Cement expects demand for cement this year to be lower than last year after sales in its first quarter were down compared to a year ago.

Regional cement sales during October last year were down 15percent compared to the previous year as demand for cement in South Africa's main cities fell.

PPC's shares slipped 1,31percent to R33,80. - Reuters

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