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18 Oct
11:45

Pakistan's Crescent sees strong gas pipe demand

Crescent Steel & Allied Products expects to benefit from strong linepipe demand in Pakistan in the fiscal year through June 2017 (FY17), driven by gas pipeline projects. This follows the doubling of its welded pipe production capacity to 200,000 tonnes/year. In FY16 Pakistani pipeline operators kicked off a large-scale expansion of the existing gas distribution network, while construction should soon begin on the 1,200 km 'North-South' gas pipel…
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