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08 Nov
11:17

Aisha Steel foresees December-quarter sales improvement, prices bottoming

Aisha Steel Mills (ASML) expects production and sales to improve on-quarter in the second fiscal quarter through December. Pakistani automotive and white goods sector activity remains subdued, but “…clear signs” are emerging that the downtrend is coming to an end and stability is near, the firm says. ASML’s sales in the September quarter surged 72% on-year to 52,868 tonnes, with production up 113% to 70,469t. Following the firm’s c…
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