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Saudi cement sales drop 3% in February

According to a report by Dubai-based Argaam Business Info (ABI), Saudi-based cement companies have reported a 3% drop in sales to 4.59 million tonnes in February 2014, compared with 4.74 million tonnes in the same month last year, Arab News has reported. Ten out of 14 cement firms operating in the kingdom have had their monthly sales dropped, notably Jouf Cement Co (JCC) and Najran Cement Co (NCC), whose sales dropped by 26% and 24%, respectively. On the other hand, clinker production of the 14 cement firms jumped by 5% during the month to 4.07 million tonnes, according to the report.