Ukraine: Azovstal and Interpipe to work for railways
The state administration of the railroad transport Ukrzaliznytsia has renewed purchases of rails from Azovstal Iron and Steel Works and wheel pairs from Interpipe.
The state administration of the railroad transport Ukrzaliznytsia has renewed purchases of rails from Azovstal Iron and Steel Works and wheel pairs from Interpipe.
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.