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04 May
10:57

Crescent ramps up pipe output following idle quarter

Crescent Steel & Allied Products expects to ramp up pipe production for a recently-received order after its pipe mill remained idled in the March quarter due to a delay in construction of the RLNG III pipeline. The delay was due to late project approval from Pakistan’s Economic Coordination Committee. Nevertheless, deliveries for the new PKR 1.7 billion ($14.7 million) order from Sui Northern Gas Pipelines Limited for 24-inch coated pipe will start in …
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