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English news

17-Feb-2016

Saudi cement producers required to supply market with two months of inventory in event of export ban lift

The Ministry of Commerce and Industry has requested that Saudi cement companies supply the local market with at least two months-worth of inventory if the ban on exports is lifted, according to Al Sharq Al Awsat newspaper. Saudi cement producers are estimated to be able to export nearly 5 million tpa, according to sources cited by the article without creating a local supply shortfall. (Argaam, Al Sharq Al Awsat)

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