In January-August Interpipe-Steel produced 401 thousand tons of steel, up by 1.5% YoY. In August the works smelted 45 thousand tons of steel, down from 53 thousand tons in July. The company confirmed problems with ferrous scrap supplies. (Ukrainian metal)
The Dniepropetrovsk Commercial Court of Appeals has refused to satisfy the appeal of Interpipe Niko Tube as to the decision of the Commercial Court of Dniepropetrovsk region of June 6. According to the decree, the company being a guarantor has to pay Alfa-Bank 1.2 billion UAH of loan debt of Nizhnedneprovsk Tube Plant. (Ukrainian metal)
The state-extracting company Ukrgazdobycha has accepted the offer of Interpipe for the delivery of casing pipes with the total weight of 11.35 thousand tons valued at 565.18 million UAH. The pipes will be supplied by 2017. Metall-Impex, Dniepropetrovsk Works of Drilling Equipment, Dniepropetrovsk Tube Works, Nefteservis, Energo-Invest and Business Global also participated in the trade.…
Interpipe, the Ukrainian industrial company and the only producer of railway wheels in Ukraine, has started experimental industrial trials at its new production site for finish machining of railway wheels. The facilities provide KLW with the ability to produce complex products that are in high demand in Europe, America and the MENA region. The total…
In January-June Interpipe Steel produced 304 thousand tons of steel, up by 5.2% YoY. According to the company statement, in June the works produced 61 thousand tons of steel up from 51 thousand in May. In 2015 Interpipe Steel produced 596 thousand tons of steel, down by 32% YoY. Because of the lack of scrap,…
The first lawsuits against Interpipe NMTZ, Niko Tube and NTZ Alfa-Bank filed in August and September 2015. The bank wanted $5.7 million according to loan agreements of 2013 and $9 million and 41 million euro according to loan agreements of 2012. Interpipe had to return the debt by March 2015. But didn’t manage to. “Last…
Interpipe has been hiring young specialists without industrial experience but capable of training and self-development. “We’re creating a team of professionals from other well-known companies in the CIS and people with no experience, but wanting to learn”, said the company R&D director Gennady Yesaulov. In particular, employees without experience are needed in steel production. “We…
In 2015 Interpipe paid 1.04 billion UAH of taxes. 45% of the amount (469 million UAH) was transferred to the state budget, 22% (237 million UAH) – to the city budgets of Dniepropetrovsk, Novomoskovsk and Nikopol, 30% (309 million UAH) was paid to various funds. Interpipe has also paid 17.6 million UAH of military tax.…