28
Oct
11:33
Crescent slashes sales, expects slow government spending
Energy and water projects will drive pipe demand in Pakistan in the medium-term. However, in the short term the government will remain conservative on spending, meaning development projects are unlikely to be initiated over the next fiscal year. So says Crescent Steel & Allied Products.
Demand for piles will also be generated in the medium term as port and jetty-related activities kick off on the back of increased trade flows, Crescent Steel adds in a report…
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Anonymous
Very good overview of the weekly steel market.
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