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16 Apr
11:18

SSP reduces output on Saudi Covid-19 measures

Saudi Steel Pipe (SSP) has reduced production on account of measures imposed by Saudi Arabia to stop the spread of Covid-19. The welded pipemaker says it cannot determine the impact of the move on its outlook or financial position, given the uncertainty around the extent of the virus spread and consequent measures to combat it. Last Sunday Saudi Arabia indefinitely extended a curfew in major cities designed to combat the Covid-19 spread, which has hindered the mo…
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