The Ukrainian Metal

Ukraine: Interpipe 60-79% loaded

As of now, capacities of the enterprises, comprising Interpipe, are loaded at 60-70% compared with the pre-war period.

The group intends to keep this level till the end of the year.

“Loading differs by divisions. The situation in the pipe and railroad divisions differs. There are also differences by quarters. But on average our capacities are 60-70% loaded,” Interpipe CEO Andriy Korotkov said.

In H1, Interpipe fulfilled all its manufacturing plans.

“All three divisions showed an increase: steel smelting – by almost 20%, pipe – by 5% and railroad – by 17%. Naturally, the results are better than in H1 2022, as with the start of the large-scale war, our enterprises were in downtime and resumed operation only in May 2022,” he added.

This is the reason for the increase of Interpipe taxes by 74%. (Ukrainian metal)

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