14
Nov
09:55
Crescent anticipates tender orders, but further idle periods
Crescent Steel & Allied Products soon anticipates the results of pipe supply tenders issued by gas utilities companies, and foresees further order intake once these tenders are finalised. However, there will likely be idle periods between orders.
Crescent’s bare pipe sales plummeted in the first fiscal quarter through September (FQ1) to PKR 29.3 million ($218,205) from PKR 2.99 billion a year earlier, but pre-coated pipe sales surged 188% to PKR 1.37 b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous