Ukraine: Interpipe output down in Q1 2016
In January-March Interpipe Niko Tube produced 49.3 thousand tons of pipes, down by 29.3% YoY, with 20.7 thousand tons produced in March.
In January-March Interpipe Niko Tube produced 49.3 thousand tons of pipes, down by 29.3% YoY, with 20.7 thousand tons produced in March.
Interpipe has signed a license agreement with JFE Steel Corporation to produce JFEBEAR thread connection.
In 2015 Interpipe produced 600 thousand tons of pipes and wheels, down by 29% YoY. In particular it produced 507 thousand tons of pipes and 93 thousand tons of wheels and exported 80% of the total volume.
In 2015 Interpipe Dniepropetrovsk Vtormet received 50.86 million UAH of losses.
Interpipe started importing hot-briquetted iron (HBI) from Russia.
In 2015 Interpipe Nizhnedneprovsk Pipe Works received 809.72 million UAH of losses.
In 2015 Interpipe NMTZ received 394.73 million UAH of net profits.
Interpipe has for the first time officially registered its trademark with the UAE Ministry of economy. According to the company statement, this is the first action in the struggle with fake tubes in the region.