“In the next 5 years scrap procurement in Ukraine will be falling”, Denis Morozov, Interpipe economy and finances director, believes. The previous forecast on scrap procurement in 2016 on the level of 2.8-2.9 million tons would probably be proven, he thinks. In 2017 Morozov expects scrap procurement to fall by 100 thousand tons, to 2.7…
This year Interpipe has been delivering some 30-35 thousand tons of steel pipes to Russia each month. “We used to sell 10 time more – around 350 thousand tons”, the company economy and finance director Denis Morozov said. Interpipe is not expecting a considerable increase in exports to USA. “When the oil price fell, consumption…
Interpipe has started importing scrap from Russia. “We intend and will buy scrap from Russia. This month we will receive our first batch”, the Interpipe economy and finances director Denis Morozov reported. According to him, Russia sees surplus of scrap of some 3 million tons per year. And the country has already imposed an export…
Interpipe has appointed Fadi Hraibe its new CEO. According to the company statement, Hraibe will start working on his new position from November 1. Oleg Rosenberg, who has been heading Interpipe since 2013, has finished his cooperation with the company. Hraibe has been working at Interpipe for over 5 years. (Ukrainian metal)
The department of the inner market protection of the Eurasian Economic Commission has started the second antidumping investigation in respect of some types of steel pipes, produced by Ukrainian metal companies. The investigation was initiated by Interpipe to review the individual sizes of antidumping duties due to new circumstances. The antidumping measures were imposed in…
In January-August Interpipe-Steel produced 401 thousand tons of steel, up by 1.5% YoY. In August the works smelted 45 thousand tons of steel, down from 53 thousand tons in July. The company confirmed problems with ferrous scrap supplies. (Ukrainian metal)
The Dniepropetrovsk Commercial Court of Appeals has refused to satisfy the appeal of Interpipe Niko Tube as to the decision of the Commercial Court of Dniepropetrovsk region of June 6. According to the decree, the company being a guarantor has to pay Alfa-Bank 1.2 billion UAH of loan debt of Nizhnedneprovsk Tube Plant. (Ukrainian metal)
The state-extracting company Ukrgazdobycha has accepted the offer of Interpipe for the delivery of casing pipes with the total weight of 11.35 thousand tons valued at 565.18 million UAH. The pipes will be supplied by 2017. Metall-Impex, Dniepropetrovsk Works of Drilling Equipment, Dniepropetrovsk Tube Works, Nefteservis, Energo-Invest and Business Global also participated in the trade.…
