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22 Jul
01:00

Welspun foresees Latin America, EU projects after 17% sales surge

North American and Middle Eastern demand for pipe continues to be strong despite the oil price slump, while Indian activity is showing early signs of recovery, according to Indian pipemaker Welspun Corp. Middle Eastern demand is driven primarily by gas pipeline projects, while the India recovery is driven by water pipelines. “There is an interesting line-up of projects across regions – including Latin America and Europe – coming up in the f…
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