Ukraine: Interpipe pipes sales revenue down in H1 2020
In January-June, Interpipe EBITDA dropped to -$5 million, while revenue decreased by 26% YoY, to $236 million. Interpipe had to adapt its production to new reality affected by the pandemic and low oil prices. The return of the 34.22% antidumping duty on Ukrainian railroad wheel in the EAEU also affected sales. In Ukraine, railroad products…