In 2017 Interpipe increased sales of railroad wheels and tyres to Ukrzaliznytsia more than 2.2-fold. “Last year Ukrzaliznytsia once again became our key client. Despite the replacement of its chairman Ukrzaliznytsia still follows the direction to modernize the rolling stock”, Interpipe CFO Denis Morozov said. He noted that it became easier for the company to…
Interpipe decided to change the business management model. From now on the company is divided into steel, pipe and railroad divisions. Steel products division includes Interpipe Steel, Interpipe Vtormet, the Lime Factory, as well as subdivisions of scrap purchase and steel billet sales. Andrei Korotkov, Interpipe Steel commercial director, has been appointed CEO of the…
Interpipe could be hit with the antidumping duty of 34.22% when supplying seamless wheels to the Eurasian Economic Union. The Department of protection of the inner market has calculated the duty for Interpipe when selling wheels in 2016 on the level of 34.22%. The decision on the duty imposition should be taken in a month…
In 2017 Interpipe Steel produced 855 thousand tons of steel, up by 39% YoY. In December 2017 steel output dropped to 76 thousand tons from 78 thousand tons in November 2017. In 2016 the company increased steel output by 2% YoY, to 614 thousand tons. Interpipe Steel is the first iron and steel works built…
Interpipe has certified its premium tight gas threaded joints UPJ-M for the correspondence to ISO 13679 CAL IV. “The certificate confirms the correspondence of the joints to the highest level of requirements. The tests have been carried out in Italy”, the company said in a statement. The UPJ-M joints can be used in the most…
Ukrgazvydobuvannya has ordered Interpipe Ukraine LLC the delivery of pipes valued at 905.99 million UAH. Within three months the company will have supplied 18710 tons of casing pipes produced by Interpipe NTZ in 2017-2018. The price is 2% below the expected cost of the purchase (921.72 million UAH). (Ukrainian metal)
On the Near East market Interpipe’s main customers are the United Arab Emirates and Turkey. “We have strong connections with clients in the region, both in oil and gas and construction sectors. 58.5% of all our deliveries fall on oil and gas projects. UAE accounted for 25% of them, Turkey – 18% and Egypt –…
In January-November Interpipe Steel produced 779 thousand tons of steel, up by 36.2% YoY. In November steel output totaled 78 thousand tons as opposed to 52 thousand tons in October. In 2016 the company produced 614 thousand tons of steel, up by 2% YoY. (Ukrainian metal)
