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15 Nov
16:14

Aisha anticipates December-quarter sales rebound

Local political developments and the rapid rupee devaluation could curb cold rolled coil demand in the short term, but long-term demand will pick up and devaluation will make local products more competitive. So says Pakistani cold roller Aisha Steel Mills (ASML), adding that December-quarter sales are expected to increase following a slump in the previous period. In the first fiscal quarter through September ASML’s sales fell -42.5% on-year to 30,764 tonne…
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