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11 May
14:51

Pakistan's IIL resumes production

International Industries Limited (IIL) is gradually resuming production at all three plants following Pakistan’s easing of Covid-19-related restrictions on the steel industry, Kallanish notes. On 20 April the firm resumed limited plant operations in order to complete and deliver export orders in hand. In the nine months through March 2020 IIL’s standalone net sales, excluding its ISL cold roller and galvanizer subsidiary, fell -23% on-year to PKR 14.9…
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