Ukraine: Interpipe cuts deliveries to Russia
In January-June Interpipe supplied around 18 thousand tons of pipes to Russia, down from 120 thousand tons in the first half of 2014.
In January-June Interpipe supplied around 18 thousand tons of pipes to Russia, down from 120 thousand tons in the first half of 2014.
In January-June Interpipe Steel produced 290 thousand tons of steel, down by 38.4% YoY.
Ukrainian metal companies have been suffering from scrap shortages for five months in a row.
In January-May major pipe companies of Ukraine produced 368.2 thousand tons of ferrous pipes, down by 40.1% YoY.
In January-April Interpipe Steel produced 179 thousand tons of steel, down by 37.8% YoY.
Interpipe reported that its Interpipe Steel (previously Dneprostal) had 15 days of dead time in the first quarter of 2015 due to the ferrous scrap shortage.
In January-February major Ukrainian companies produced 141,3 thousand tons of ferrous pipes, down by 29.8% YoY.
In 2014 Interpipe Dniepropetrovsk Vtormet increased its loses by 57.3%, to 68.8 million UAH, YoY.