It is reported that the Ukrainian pipe making industry has demonstrated a 17.7% MoM growth rate in November driven by Khartzyzsk and Lugansk Tube Plant performance improvements.
Khartsyzsk Pipe Works performance has skyrocketed by 38.2% MoM, decreasing the gap between prior year 11 month results to 50%.
According to a Millennium Capital analyst, “The news is positive for pipes. Khartsyzsk Pipe Works’ 25.0% MoM rise in output has returned the plant to growth in contrast to the slump of the previous month, spurred on by the rising Russian demand for LDP’s. Interpipe plants maintained the previous month’s production levels.” (Millennium Capital)
Much more about metal of Ukraine, Russia and other CIS-countries at https://metalukraine.com/
