Interpipe intends to increase scrap imports in December 2016 – January 2017. “We continue increasing scrap imports from Moldova and Russia. We also think over other ways to decrease raw materials deficiency. In particular, we are analyzing HBI and even steel billet imports. We also hope that Ukrzaliznytsia starts selling its scrap, which we estimate…
The implementation of the energy management system at Interpipe Steel allowed the company to save $5.8 million in 3 years. “We started decreasing energy resources consumption in 6 months after the works was put into operation, back in 2013”, the company chief energy engineer Vladimir Galimbievsky said. One of the measures taken was to plan…
Interpipe has won a tender for the delivery of tyres to Ukrzaliznytsia (Ukrainian Railways). The auction was held on December 8, with two companies participating. “The expected price of tyres was over 44.5 million UAH, but thanks to the auction we were able to decrease it to 42 million. Another important aspect is that the…
Interpipe has appointed new sales directors for CIS, EU, North and South America. According to the company statement, Vera Smal has been appointed CIS sales director. She has been working for Interpipe for 13 years. Daniel Valk is now responsible for North and South America sales. Previously he worked as the general director of Poltava…
Interpipe has produced the first order at the new line of railroad wheel treatment, put into operation in October. According to the company statement, the order was produced for the Bulgarian state railroads. The total number of wheels is 240. 850 mm KLW-brand wheels have been produced according to EN 13262. This is the first…
In 2015-2016 Interpipe supplied steel pipes for a number of major construction projects in Qatar. “We have supplied pipes for the international airport of Khamad, Lusail arena, and QRail Red Line subway”, NEAA markets commercial director Andrei Burtsev said. In total Interpipe supplied around 3 thousand tons of pipes to Qatar. Deliveries for subway constructions…
Three Cyprus-based companies, affiliated with Interpipe, have purchased 19.3% Nikopol South Pipe Works shares each from Transportno-Investitsionnye Tekhnologii LLC. The TIT LLC share decreased from 96.689302% to 38.675721%, while the share of Plamsted Limited increased from 0.000027% to 19.337914%, that of Wolbert Company Limited – from 0% to 19.33786%, and of Kamset Holdings Limited from…
In January-October Interpipe-Steel produced 522 thousand tons of steel, up by 6.3% YoY. According to a company representative, in October steel smelting totaled 58 thousand tons, down from 64 thousand tons in September. On October 28, the works halted its operation for 10 days to carry out scheduled repairs. (Ukrainian metal)