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09 Nov
15:31

Pakistan's Crescent awaits gas pipeline demand boost

Gas pipeline projects from which Crescent Steel & Allied Products expects to benefit are in the final stages of preparation before ground breaking, according to the Pakistani pipemaker. The firm plans to cater to demand arising from these pipelines using its newly-expanded pipe mill. In the first fiscal quarter through September (FQ1) Crescent recorded a 144% on-year rise in bare pipe sales to PKR 2.07 billion ($19.8 million), while pre-coated pipe sales ros…
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