12
May
01:00
Jordan pipemaker targets output hike despite export slump which hit Q1 sales
Arabian Steel Pipes Manufacturing Company (ASPM) is targeting production and sales of around 12,000 tonnes in 2015. This is after its sales and profit were hit hard in the first quarter as a result of disruption in exports to neighbouring countries, Kallanish learns from the Jordanian welded pipemaker.
Exports have traditionally accounted for 50% of the firm’s sales. Shipments have been stopped completely to Iraq, Syria and Yemen however on account of …
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Anonymous
Very good overview of the weekly steel market.
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