Islamabad, Dec 23: Crescent Steel & Allied Products Limited (PSX: CSAP) has secured a contract valued at Rs. 1.5 billion to supply 40-inch diameter coated steel line pipes. The contract was awarded through a contractor and is set to be executed by the fourth quarter of FY 2024-25.
Key Details:
- Contract Value: Rs. 1,504 million (excluding sales tax).
- Product: 40-inch diameter coated steel line pipes.
- Completion Timeline: Expected by the fourth quarter of FY 2024-25.
Crescent Steel & Allied Products operates across multiple sectors including Steel, Cotton, Investment and Infrastructure Development (IID), Energy, and the Hadeed (Billet) segment.