Ukrainian Railways have concluded 4 contracts with Interpipe for the delivery of the rough rims for its railroad stock valued at 9.34 million UAH. This year Interpipe has to supply 549 rims (1060x143x98 mm) valued at 14.19 thousand UAH a piece on average. It should be noted that in October Lviv Locomotive Repair Plant ordered…
Ukraine has not created an effective mechanism of struggle for its export markets and needs to strengthen the state protection of exporters on global markets. Interpipe finances and economy director Denis Morozov believes that the trade representative institution on Ukraine is weak. “A lot could have been achieved, if we compare with other countries. This…
Interpipe notes positive influence of the scrap export duty decree and supports its prolongation. “The decree has really helped us. Without it the situation with scrap would have been much worse”, the company finances and economy director Denis Morozov said. According to him, scrap procurement in Ukraine will continue to drop, so the decree should…
“In the next 5 years scrap procurement in Ukraine will be falling”, Denis Morozov, Interpipe economy and finances director, believes. The previous forecast on scrap procurement in 2016 on the level of 2.8-2.9 million tons would probably be proven, he thinks. In 2017 Morozov expects scrap procurement to fall by 100 thousand tons, to 2.7…
This year Interpipe has been delivering some 30-35 thousand tons of steel pipes to Russia each month. “We used to sell 10 time more – around 350 thousand tons”, the company economy and finance director Denis Morozov said. Interpipe is not expecting a considerable increase in exports to USA. “When the oil price fell, consumption…
Interpipe has started importing scrap from Russia. “We intend and will buy scrap from Russia. This month we will receive our first batch”, the Interpipe economy and finances director Denis Morozov reported. According to him, Russia sees surplus of scrap of some 3 million tons per year. And the country has already imposed an export…
Interpipe has appointed Fadi Hraibe its new CEO. According to the company statement, Hraibe will start working on his new position from November 1. Oleg Rosenberg, who has been heading Interpipe since 2013, has finished his cooperation with the company. Hraibe has been working at Interpipe for over 5 years. (Ukrainian metal)
The department of the inner market protection of the Eurasian Economic Commission has started the second antidumping investigation in respect of some types of steel pipes, produced by Ukrainian metal companies. The investigation was initiated by Interpipe to review the individual sizes of antidumping duties due to new circumstances. The antidumping measures were imposed in…