Interpipe Dneprovskiy Vtormet intends to expand its scrap sales markets by attracting new iron and steel works in its customer base. The main risks for the company during the war are unstable economical situation in the country, competition, drastic scrap price decrease and the shortage of raw materials. The company also notes manufacturing risks linked…
In January-September 2022, Interpipe decreased steel manufacture by 36.3% YoY, to 463 thousand tons. Pipes output dropped by 30.2%, to 309 thousand tons, and railroad products – by 49.6%, to 64 thousand tons. In Q3 2022, the company produced 177 thousand tons of steel (+43.9% QoQ), 105 thousand tons of pipes (-4.5%) and 24 thousand…
The shareholders of Interpipe Novomoskovsk Pipe Works have approved the operational report for 2021. The decision was taken at the annual meeting on December 28, 2022. The revision commission has been revised, with Hanna Kushnir reelected and Yuliya Vedmidyova and Helena Fedorchenko elected. In 2021, Interpipe NMTZ increased net profit 2.2-fold YoY, to 175.722 million…
In January-September, Interpipe Novomoskovsk Pipe Works received a net loss of 465.825 million UAH as opposed to a net profit of 248.25 million UAH in 9 months of 2021. Net income dropped by 67.7%, to 904.07 million UAH. Undistributed profit amounted to 98.684 million UAH. (Ukrainian metal)
In January-September, Interpipe NTZ received net loss of 1.933 billion UAH as opposed to a net profit of 141.705 million UAH last year. According to the company interim report, its net income decreased by 14.3%, to 5.248 billion UAH. Undistributed profit amounted to 1.941 billion UAH. (Ukrainian metal)
In January-June, Interpipe NTZ received a net loss of 882.682 million UAH as opposed to a net profit of 163.581 million UAH in H1 2021. Net income fell by 42.8%, to 4.175 billion UAH. Undistributed profit as of the end of June totaled 2.95 billion UAH. Consolidated loss amounted to 882.732 million UAH as opposed…
In January-June, Interpipe decreased steel output by 36% YoY, to 286 thousand tons. Railroad products output dropped by 50%, to 40 thousand tons, and pipes – by 19%, to 205 thousand tons. In Q2, Interpipe produced 123 thousand tons of steel, down by 24.5% QoQ, and 110 thousand tons of pipes, up by 17%. Railroad…
In January-June, Interpipe received $19.53 million of net profit, down by 33.8% YoY. Profit before taxation dropped by 51%, to $24.9 million. EBITDA fell by 54.7%, to $50.43 million. Revenue decreased by 9.9%, to $595.64 million. (Ukrainian metal)