09
Nov
08:57
Pakistan's Crescent Steel foresees strong gas pipe demand
Crescent Steel & Allied Products says the outlook for the remainder of the fiscal year through June 2016 is “promising” since it has been awarded numerous contracts by gas transmission firms.
Low inflation, a decline in interest rates, higher foreign exchange reserves, and a reduction in current account deficit on the back of lower imports have boosted Pakistan’s economic environment, according to Crescent. “Prospects for private…
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Anonymous
Very good overview of the weekly steel market.
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