In January-November Interpipe decreased steel output by 10.6% YoY, to 797.4 thousand tons. Pipes output dropped by 11.3%, to 554.9 thousand tons. At the same railroad products manufacture increased by 10.7%, to 188 thousand tons. Sales of steel round billets grew by 25.3%, to 23 thousand tons, and railroad products – by 7.3%, to 183.8…
Interpipe has finished a project to create a system to manage products at warehouses using digital technologies at its Interpipe Niko Tube. The warehouse management system has been developed to reduce time of loading products and shipping them to customers. The project started in June, and investments totaled $178 thousand. As a result, the truck…
Panyutino Railroad Car Repairing Works, a subsidiary of the Ukrainian Railways (Ukrzaliznytsia), has concluded 8 agreements with Interpipe Ukraine LLC on the purchase of wheels valued at 28.78 million UAH. Until mid-2020 the company has to supply 800 solid wheels with ultra sound control and diameter of 957 mm made by Interpipe NTZ not earlier…
In January-September Interpipe increased revenue by 5% YoY, to $863 million. Revenue from the sales of railroad products grew by 36%, to $297 million, mostly thanks to the CIS market. At the same time pipe sales revenue dropped by 7%, to $535 million, mostly due to the decrease in the OCTG sector by 27%. EBITDA…
In January-November Interpipe Steel decreased steel output by 12% YoY, to 786 thousand tons. In November the company produced 53 thousand tons of steel, up by 23% MoM. The low result of October is explained with capital repairs of machinery. The company resumed operation on November 6. (Ukrainian metal)
Ukrainian Railways concluded 6 agreements with Interpipe Ukraine LLC on the purchase of wheels valued at 199.24 million UAH. Until the end of 2020 Interpipe has to supply 5538 solid wheels with ultrasound control and the diameter of 957 mm produced at Interpipe NTZ not earlier than 2019 at 35,976 UAH apiece. Last year Interpipe…
Interpipe has developed and shipped the first batch of ULT SP mounted axle for Spanish market. The new structure is a part of the Ultimate product line and is intended for cargo railroad cars. In October Interpipe successfully completed all tests and certifications at European centers. The wheel pair is designed specifically for Iberian railroad,…
Interpipe has started supplying railroad axle billets to the local market. “Having successfully finished testing and certifying railroad axles with mechanical treatment, in autumn Interpipe delivered the first batches to railroad car building and repairing plants”, the company reported. This year Interpipe NTZ has successfully passed the Ukrzaliznytsia certification and obtained a right to produce…