Khartsyzsk Pipe Works decreased production by 32% MoM
Khartsyzsk Pipe Works decreased its large diameter pipe output by 32% MoM in May to 37 kilo tons. However, during 5 months the plant demonstrated a 159% YoY improvement in operating results due to the low comparison base having manufactured 247 kilo tons of pipes.Phoenix Capital analyst said “May marks the first month this year…