In July-August Ukrzaliznytisa concluded 27 agreements with Interpipe Ukraine LLC on the purchase of wheels valued at 254.48 million UAH. The cost of most agreements was less than EUR 133 thousand. Interpipe will supply 13547 wheels produced by Interpipe NTZ in 2017-2018 at 19080 UAH apiece. The value of the order is 0.5% below the…
During the meeting with the shareholders Interpipe presented the preliminary plan to restructure its obligations of $1.25 billion. The company, in particular, suggests converting this debt into 6-year eurobonds worth $310 million with 9.35% interest rate, and two loan tranches of $45 million from Ukrainian banks and $45 million from international banks. The rest of…
Interpipe has started carrying out an investment project to increase capacities to produce casing pipes with premium thread joints. Danobat will supply the main machinery for the new line. The line will be constructed at the Interpipe NTZ in the city of Dnipro. The capacity of the line is some 70 thousand tons per year.…
Interpipe has certified its compressor-pump pipes with thread joints UPM-J according to the highest gas-proof requirements CAL IV (Connection Application Level) of the ISO 13679. “The certification according to ISO 13679 CAL IV is very important, as the pipes are used in the shafts many times. We are expanding the range of premium solutions for…
Ukrgazvydobuvannya has ordered Interpipe-Ukraine LLC the delivery of pipes valued at 254.67 million UAH. In particular, the company has been ordered 4963 tons of various pipes. The pipes are to be produced by Interpipe Niko Tube, Interpipe NTZ and Interpipe NMTZ. (Ukrainian metal)
Interpipe believes in summer scrap procurement will decrease by 20%. “The market is saturated with scrap now, but with the coming of summer we see a traditional decline. We believe the drop in the scrap procurement will reach 20%”, Interpipe CFO Denis Morozov said. At the same time, scrap demand will grow, as ArcelorMittal Kriviy…
Interpipe has invested $8 million in the construction of the pipe finishing line at its Interpipe Niko Tube works in the city of Nikopol. The assembly of the machinery has been completed. Now the line is being tested. When it reaches its project capacity it will be able to process 93 thousand tons of pipes…
The United States Department of Commerce has prolonged for a year the agreement with Interpipe, signed in July 2014, to suspend the antidumping investigation on pipes in exchange for price obligations on deliveries. The amendments to the contract will expire on July 10, 2019. Interpipe asked to prolong the agreement in November 2017. The department…