Following two auctions, Ukrgazodobycha has concluded three agreements with Interpipe Niko Tube for the delivery of compressor-pump pipes and spare parts valued at 2.29 billion UAH. Over 7 months, the company has to supply via railroad and trucks pipes produced by it and Voestalpipe Tubulars GmbH & Co KG. The cost of the agreements is…
Interpipe Limited intends to buy the share of Vallourec in their joint enterprise Vallourec Niko Tube, which produces steel pipes for the European market. The corresponding inquiry has been sent to the Antimonopoly Committee of Ukraine. The joint project was shut down in December 2021 because of low capacity, as well as duties. The joint…
Since 2021, Interpipe has been using container terminals in Novomoskovsk and Zaporozhye when shipping premium pipes to the port of Odessa for the further shipping to far countries. This allows speeding up pipe delivery and optimizing container flow. Intrepipe used to supply its products to Odessa by railroad or trucks. (Ukrainian metal)
In 2021, Interpipe increased sales of pipes by 28% YoY, to 602 thousand tons, including premium joints – by 56%. Sales of pipes for oil and gas extraction grew 2.3-fold, to 191 thousand tons. In the Near East sales increased by 20%. Sales of premium joints amounted to 42 thousand tons. Deliveries to the Ukrainian…
Ukrgazvydobuvannya has ordered Interpipe Niko Tube the delivery of pipes valued at 1.94 billion UAH. In 8 months the company has to supply casing pipes of its own manufacture. The cost of the agreement is 5% below the expected price (2.03 billion UAH). (Ukrainian metal)
In January-November, Interpipe increased steel output by 25.9% YoY, to 877.6 thousand tons. Pipes manufacture grew by 29.6%, to 551.6 thousand tons, but railroad products dropped by 10.3%, to 156.1 thousand tons. In November, the company produced 87.7 thousand tons of steel, up by 39% MoM, 52.1 thousand tons of pipes, down by 7.3%, and…
In January-September, Interpipe increased capital investments by 65% YoY, to $45 million. CAPEX in new projects grew 3-fold, to $25 million. Soon the company intends to launch a shop to produce wheel sets for EU and USA at Interpipe NTZ. (Ukrainian metal)
In January-June, Interpipe increased pipe output by 12.8% YoY, to 263.5 thousand tons, while railroad products manufacture dropped by 19.3%, to 82.1 thousand tons. In June, pipe output totaled 57.1 thousand tons (5.13 thousand tons in May) and railroad products – 14.2 thousand tons (13 thousand tons). In H1, Europe accounted for 28% of pipe…