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16 Feb
09:19

Pakistani pipemaker starts billet trials, H1 sales skyrocket

Crescent Steel & Allied Products has commenced trial production at its new 85,000 tonnes/year capacity billet plant subsidiary, Hadeed. The welded pipemaker sees large-diameter pipe demand growing as a result of planned energy import projects and energy transmission infrastructure expansion in Pakistan. Thanks mainly to strong order intake from gas utility companies Crescent’s steel segment recorded a mammoth 688% on-year increase in revenue in the hal…
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