13
May
13:49
Crescent foresees further Covid-19-related project delays
Crescent Steel & Allied Products has secured some line pipe orders for delivery in the June and September quarters. However, the tendering of some projects has not materialised due to the Covid-19 pandemic and further delays can be expected, the Pakistani steelmaker says.
The partial lockdown in Pakistan is likely to continue, with some easing for industry, up until June, the firm adds.
Crescent’s consolidated net sales of bare pipe surged almost 15-fol…
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Anonymous
Very good overview of the weekly steel market.
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