In January-October Interpipe Steel produced 702 thousand tons of steel, up by 34.2% YoY. In October output totaled 52 thousand tons, down from 80 thousand tons in September. According to the company statement, in 2016 it produced 614 thousand tons of steel, up by 2% YoY. Interpipe Steel is the first iron and steel works…
Metinvest-Resource LLC and Interpipe NTZ have won in two auctions on metal scrap sales held by Ukrzaliznytsia. In particular, Metinvest-Resource won the auction on the sale of 17.2 thousand tons of bulk scrap, having offered 109.871 million UAH, or 6387 UAH per ton. The starting price was 102.684 million UAH, or 5970 UAH per ton.…
German cartel office has granted Interpipe and Vallourec the right to create the joint venture in Europe. The decision was taken on October 26, and published on November 5. The companies appealed for the JV creation on October 4. In Germany Vallourec owns Rath, Reisholz, Milheim an der Ruhr and 20% in Huttenwerke Krupp Mannesmann.…
Ukrgazvydobuvannya ordered Interpipe Ukraine LLC the delivery of pipes valued at 219.5 million UAH. The company has to supply 3790 tons of casing pipes manufactured by Interpipe NTZ and Voestalpine Tubulars GmbH & Co Kg (Austria). The cost of the agreement is 5% lower than the expected cost of the purchase (232.09 million UAH). (Ukrainian…
Andrei Bibik has been appointed the new Interpipe purchasing and logistics director. He has been working for the company since 2003. Before the appointment has was the director for pipe sales in Ukraine and the Customs Union countries. “Purchasing and logistics are some of our key spheres of operation. Our goal is to strengthen these…
The pipe and wheel holding Interpipe intends to create a joint venture with the French Vallourec. The Antimonopoly Service of Germany recorded the corresponding appeal on October 4. In 2016 Interpipe sold 458 thousand tons of pipes, down by 10% YoY, and 114 thousand tons of wheels, up by 22%. (Ukrainian metal)
The local market protection department of the Eurasian Economic Commission has suggested decreasing antidumping duty on the imports of some types of pipes manufactured by Interpipe. In particular it is suggested to set the duty for casing pipes on the level of 9.98%, for compressor-pump pipes at 12.23%, for oil-and-gas, as well as ordinary pipes…
Interpipe Nizhnedneprovsk Pipe-Rolling Plant has obtained a license to supply gas. The corresponding decision has been taken by the National commission on energy and housing services regulation. As of September 1, 318 licenses to supply gas have been given by the commission. (Ukrainian metal)
