In January-May, Interpipe Steel increased steel output by 10.6% YoY, to 368.2 thousand tons. In May, the company produced 86 thousand tons of steel, down from 90 thousand tons in April. In 2020, steel output dropped by 11.2% YoY, to 758.7 thousand tons. (Ukrainian metal)
Interpipe NTZ has won a tender in the Prozorro.Public sales system to supply 4.4 thousand solid wheels to Ukrzaliznytsia valued at 136 million UAH. Wheels have to be delivered until the end of the year. MS Trade Ukraine LLC also participated in the auction offering the wheels of Prommashkomplekt, Kazakhstan, but Interpipe NTZ had the…
Interpipe has concluded a 3-year agreement with the Societe Nationale Industrielle et Miniere of Mauritania on the supply of locomotive wheels with the diameter of 1076 mm according to AAR. SNIM is the sole owner of railroad infrastructure with the length of 704 km. The railroad connects the city of Zuerat with the port city…
In January-March, Interpipe received a revenue of $201 million, down by 20% YoY. EBITDA dropped by 53%, to $40 million, while capital investments grew by 58%, to $17 million. Net debt amounted to $53 million. Railroad sales revenue decreased by 53% and volumes by 32%. (Ukrainian metal)
In April, Interpipe Steel increased steel output by 13.2% MoM, to 90 thousand tons. In March, manufacture amounted to 79.5 thousand tons. In January-April, the company produced 283 thousand tons of steel, up by 3.9% YoY. (Ukrainian metal)
In April, Interpipe shipped the first batch of new wheels to Deutsche Bahn. The ET 442 wheels have a diameter of 840 mm. “The ET 442 wheels are a complex product. Before making the batch, we certified the new structure according to TSI and European standards. Deutsche Bahn was satisfied with the results of the…
In 2020, Interpipe NTZ decreased its consolidated net income by 35.2% YoY, to 9.471 billion UAH. Consolidated net profit dropped 155.5-fold, to 3.562 billion UAH. Undistributed profit amounted to 3.8 billion UAH. Last year, the company produced 94.136 thousand tons of seamless steel hot-deformed pipes, 171.51 thousand tons of solid railroad wheels and 30.628 thousand…
In January-March, Interpipe paid 590 million UAH of taxes to budgets of all levels, up by 4% QoQ. In particular, payments to the state budget amounted to 334 million UAH, to local budgets – 141 million UAH and the single tax payment – 115 million UAH. Last year, Interpipe paid 2.54 billion UAH of taxes.…