Ukraine: Interpipe output down in Q1 2022
In January-March, Interpipe EBITDA fell by 63% YoY, to $15 million. Steel manufacture dropped by 16%, to 163 thousand tons, pipes – by 12%, to 97 thousand tons, and railroad products – by 43%, to 23 thousand tons. Sales decreased by 10%, to 140 thousand tons. At the same time, income grew by 19%, to…