Interpipe intends to increase its pipe heat treatment capacities 2.5-3-fold having constructed a new treatment unit at Interpipe Niko Tube. “Global pipe buyers switch to premium and high-strength products. To improve pipe quality, it must be heat-treated. At present Interpipe heat treatment capacities are limited. Thus, we have started a new investment project to construct…
Ukrgazdobycha has signed three agreements with Interpipe Niko Tube for the delivery of seamless steel pipes valued at 268.97 million UAH. Average discount amounts to 10% of the expected cost. In two cases the company competed with Naftoservice LLC, Ukrturboisol LLC and Volzhsk Pipe Works (Russia). During the third trade the competitors were ZSP LLC…
In January-June, Interpipe NTZ increased net profit by 54.1% YoY, to 163.58 million UAH. Net income dropped by 23.3%, to 4.18 billion UAH. Undistributed profit amounted to 4.32 billion UAH. In Q1, the company received a net profit of 11.3 million UAH as opposed to a net loss of 255.88 million UAH in Q1 2020.…
Interpipe’s pipes with premium clutchless UPJ-F joints are successfully used in Uzbekistan. In early 2021, the company supplied its new clutchless pipes to its constant customer – Uzbekneftegaz. In Q2, these casing pipes with the diameter of 139.7 and 193.7 mm were lowered into shaft and demonstrated high performance. With the help of UPJ-F pipes…
Interpipe NTZ has won an auction in the Prozorro.Public purchases system to supply 10.2 thousand solid wheels to Ukrzaliznytsia valued at 318.5 million UAH. The wheels have to be delivered until the end of the year. MS Trade Ukraine LLC also participated in the auction, offering Kazakh wheels, but Interpipe NTZ had a lower price.…
In January-June, Interpipe increased pipe output by 12.8% YoY, to 263.5 thousand tons, while railroad products manufacture dropped by 19.3%, to 82.1 thousand tons. In June, pipe output totaled 57.1 thousand tons (5.13 thousand tons in May) and railroad products – 14.2 thousand tons (13 thousand tons). In H1, Europe accounted for 28% of pipe…
In January-June, Interpipe Steel increased steel output by 16.5% YoY, to 458.1 thousand tons. In June, the company produced 90.5 thousand tons, up from 86 thousand tons in May. In 2020, Interpipe Steel decreased output by 11.2%, to 758.7 thousand tons. (Ukrainian metal)
Interpipe Steel has asked the Prime Minister Denys Shmyhal to prohibit the export of scrap until December 31, 2023. “Scrap is the main raw material for our operation. We depend on its availability”, the company said on its page in Facebook. According to it, the scrap procurement in Ukraine is rather complex. In 2020, procurement…
