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City Cement Anticipates Financial Impact from Saudi Aramco's Fuel Price Adjustments in Q1

MT Newswires·01/05/2026 02:11:26
語音播報
02:11 AM EST, 01/05/2026 (MT Newswires) -- City Cement Co. (SASE:3003) said Monday it expects Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco's, adjusted fuel prices to impact its cost of production from the first quarter. The Saudi cement company is evaluating the estimated financial impact from the changes, with results to be announced in due course. The price adjustments took effect on Jan. 1.