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18 Nov
00:00

Pakistani seamless pipemaker sees order pickup after challenging quarter

Pakistani seamless pipemaker Huffaz Seamless Pipe Industries (HSPI) has built up inventory to cater for an increase in demand from orders expected to materialise in the next six months, Kallanish learns from the company. This comes after business in the quarter through September was affected by a volatile security situation and depreciating rupee. Despite the unfavourable conditions, HSPI managed to increase turnover in the quarter 19.4% year-on-year to PKR …
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