Ukraine: Interpipe Steel output down in January-May 2019

In January-May, Interpipe-Steel decreased steel output by 1% YoY, to 401 thousand tons.

In particular, in May the company produced 91 thousand tons of steel, up from 88 thousand tons in April.

Round billets manufacture grew by 15% YoY, to 973.8 thousand tons. (Ukrainian metal)

Ukraine: Interpipe increases wages by 20%

From April 1, Interpipe has increased the wages of its industrial personnel by 20% on average. On April 22, the employees received an advance payment with the increase. “Interpipe is one of the largest employers in the region. At our enterprises in Dnepr, Nikolaev and Novomoskovsk we employ 12 thousand people. All the salary is…

Ukraine: Interpipe to import scrap

Interpipe may start importing scrap to cover the shortage on the local market. “So far we see only one option – long-term imports”, the company CFO Denis Morozov said. “At the same time, unfortunately, Ukrainian infrastructure is not ready for scrap imports – neither ports, nor railroad”, he added. Scrap is the main raw material…

Ukraine: Interpipe Steel output down in January-February 2019

In January-February Interpipe Steel produced 132 thousand tons of steel, down by 11.4% YoY.

In February 61 thousand tons of steel were manufactured.

Last year the company produced 973.8 thousand tons of steel round billets, up by 15% YoY. (Ukrainian metal)

Ukraine: Interpipe Steel output down in January 2019

In January Interpipe Steel manufactured 71 thousand tons of steel, down by 5.3% YoY.

In December 2018 the output was 82 thousand tons.

In 2018 Interpipe Steel produced 973.8 thousand tons of round billets, up by 15% YoY. (Ukrainian metal)

Ukraine: Interpipe sales up in 2018

In 2018 Interpipe increased sales of pipes and railroad products by 11.7% YoY, to 857 thousand tons. The share of exports was 72%, while that of the domestic market grew from 25% to 28%. Pipe sales increased by 12%, to 668 thousand tons. Deliveries to local market went up by 22%, to 179 thousand tons.…