Interpipe is pondering the creation of the database of unscrupulous scrap procuring enterprises in order not to cooperate with them in future. “The scrap shortage is an important factor for us, but on the other hand we are now more concerned with the quality of the raw materials we receive. We want to create the…
StalTrans, a subsidiary of the Russian railway operator Freight One, has signed a 467.771-million ruble agreement to buy rail wheels from Interpipe-M, a unit of Ukraine’s Interpipe, Freight One said in a statement. Interpipe-M is to supply the rail wheels by July. Freight One also said that it planned to buy rail wheels from StalTrans…
Interpipe has warned its agents of the Internet-fraud attempts connected with incorrect bank info. “One of our traders has received fake documents with false bank info to pay for the goods. The criminals have created a false e-mail to send out bills with the domain similar to Interpipe’s”, the company reported. Interpipe is aware of…
Ukrgazvydobuvannya has concluded 6 agreements with Interpipe Ukraine LLC on the purchase of pipes valued at 3.04 billion UAH. The Victor Pinchuk company will supply 52 thousand tons of various pipes at 50-77 thousand UAH per ton. The pipes will be produced by Interpipe Niko Tube and Interpipe NTZ, as well as Siversk Pipe Works…
The European Commission has started reviewing the volume of the antidumping duties in respect of pipe imports from Ukraine, manufactured by Interpipe. “The claimant has provided enough evidence that the application of the current level of duties is no longer necessary”, the commission said. The review can take up to 15 months. In early July…
Valentin Makarenko has been appointed the director of the scrap-procuring company Interpipe Vtormet. According to the company press release, his first day in the office was April 28. “Makarenko has been working for Interpipe for 2 years. Previously he has been the commercial director at Interpipe Vtormet”, the report said. His main tasks in the…
Ukrzaliznytsia (Ukrainian Railways) has ordered 295.25 million UAH worth of railroad wheels from Interpipe Ukraine LLC. This year the company will supply 14628 solid wheels produced by Interpipe Nizhnedneprovsk Pipe-Rolling Works not earlier than on November 1, 2017, at 17671 UAH apiece. The price of the contract is 0.5% below the expected cost of the…
In 2017 Interpipe Nizhnedneprovsk Pipe-rolling Works received 313.4 million UAH of net profit as opposed to the net loss of 1.14 billion UAH in 2016. Last year the company increased net income 2.1-fold YoY, to 10.42 billion UAH. EBITDA reached 279.87 million UAH as opposed to the negative result of 1.31 billion UAH in 2016.…
