Ukraine: Interpipe to sell pipes to Bahrain

Interpipe has successfully passed the Tatweer Petroleum pre-qualification and has been added to the list of trusted suppliers of linear pipes to the Bahrain market. Tatweer is developing several deposits, for which it uses large-diameter pipes. Earlier Interpipe could not supply the pipes to the state company, as it was not included in the registry.…

Ukraine: Interpipe Niko Tube CEO retires

Sergey Filipiev has been appointed Interpipe Niko Tube CEO from September 11.

He has been working at major metal enterprises for over 20 years.

Before coming to Interpipe he has been working at Chusovoy Iron and Steel Works (Russia).

Valeriy Karpyuk, who has been heading the company since 2017, has retired. (Ukrainian metal)

Ukraine: Interpipe Steel output down in January-July 2019

In January-July Interpipe Steel produced 549 thousand tons of steel, down by 5.8% YoY.

In July the company produced 73 thousand tons of steel, while in June – 75 thousand tons.

In 2018 Interpipe Steel produced 973.8 thousand tons of round steel billets, up by 15% YoY. (Ukrainian metal)

Ukraine: Interpipe NTZ profit up in H1 2019

In January-June Interpipe Nizhnedneprovsk Pipe-Rolling Plant increased net profit 2.1-fold YoY, to 1.918 billion UAH.

Net income grew by 8.3%, to 7.639 billion UAH.

Undistributed profit as of the end of the first half-year totaled 2.179 billion UAH. (Ukrainian metal)

Ukraine: Interpipe Steel output down in January-May 2019

In January-May, Interpipe-Steel decreased steel output by 1% YoY, to 401 thousand tons.

In particular, in May the company produced 91 thousand tons of steel, up from 88 thousand tons in April.

Round billets manufacture grew by 15% YoY, to 973.8 thousand tons. (Ukrainian metal)

Ukraine: Interpipe increases wages by 20%

From April 1, Interpipe has increased the wages of its industrial personnel by 20% on average. On April 22, the employees received an advance payment with the increase. “Interpipe is one of the largest employers in the region. At our enterprises in Dnepr, Nikolaev and Novomoskovsk we employ 12 thousand people. All the salary is…

Ukraine: Interpipe to import scrap

Interpipe may start importing scrap to cover the shortage on the local market. “So far we see only one option – long-term imports”, the company CFO Denis Morozov said. “At the same time, unfortunately, Ukrainian infrastructure is not ready for scrap imports – neither ports, nor railroad”, he added. Scrap is the main raw material…

Ukraine: Interpipe Steel output down in January-February 2019

In January-February Interpipe Steel produced 132 thousand tons of steel, down by 11.4% YoY.

In February 61 thousand tons of steel were manufactured.

Last year the company produced 973.8 thousand tons of steel round billets, up by 15% YoY. (Ukrainian metal)