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    Crescent Steel secures USD 5.38 mln contract for steel line pipes

    Crescent Steel and Allied Products Limited has been awarded a PKR 1.5 bln (USD 5.38 mln) contract, excluding sales tax, for the supply of 40-inch diameter coated steel line pipes. The company disclosed the development in a stock exchange filing.

    The contract was secured through a contractor and is scheduled for execution and completion by the fourth quarter of FY 2024-25, according to the company.

    Crescent Steel & Allied Products Limited operates across various sectors, including steel pipes, cotton, investments, infrastructure development and energy.

    1 USD / 279 PKR

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