Interpipe has initiated a revision of the size of the antidumping duty on some types of seamless pipes originating from Ukraine. “We have initiated the revision, as 13% do not correspond to the current situation”, the company finances and economy director Denis Morozov noted. The current duty of 13% will be valid till July 2018.…
Interpipe expects Ukrzaliznytsia to announced a new scrap auction in the coming weeks. “Ukrzaliznytsia is shipping the last batches of scrap to us following the latest auction. They still have to send us some 3-4 thousand tons. In the coming weeks we expect them to announce a new auction and we intend to participate”, the…
Interpipe Steel is pondering the possibility of importing scrap from the USA. According to the company CEO Fadi Khraibe, scrap situation in Ukraine is complex, with a negative forecast. “At present the market is balanced. In November it will change. In Q1 2018 there will be a shortage of scrap and we will have to…
Within the TechFest to be held in Dnipro on September 16-17, Interpipe will present an interactive sensor video wall with a game “Ship pipes to Dubai or wheels to Saudi Arabia”. All in all Interpipe will present 4 events at the Modern Metal Manufacture exhibition. Among them: the virtual tour of the pipe and wheel…
Interpipe has appointed Andrei Lukyanov the new products and resources director. The new manager began working on August 1. Lukyanov started working at the Magnitogorsk Iron and Steel Works (Russia), he then was the transformation director at ArcelorMittal Kriviy Rih (2011-2013). While working for Boston Consulting Group Lukyanov participated in Interpipe strategy projects. Before coming…
In January-June Interpipe Steel produced 403 thousand tons of steel, up by 32.6% YoY. According to the company representative, in June steel output totaled 79 thousand tons, up from 75 thousand tons in May. In 2016 the company produced 614 thousand tons of steel, up by 2% YoY. (Ukrainian metal)
By August Ukrzaliznytsia intends to have shipped all its scrap sold at three auctions in early June. “The loading is underway. We expect to receive all the volumes this month”, Interpipe finances and economy director Denis Morozov said. According to him ArcelorMittal Kriviy Rih, Metinvest-Resource and Interpipe NTZ have already received some 30-50% of the…
On July 3 Ukrzaliznytsia announced a tender to buy tyres valued at 73.69 million UAH. Interpipe Ukraine LLC won all the five lots. The difference with the expected price was 0.8%. It should be noted that Interpipe prices were not the lowest. (Ukrainian metal)