Ukraine: Interpipe changes board
The supervisory board of Interpipe Novomoskovsk Pipe Works has dismissed 2 members of the board and appointed 1 member.
The supervisory board of Interpipe Novomoskovsk Pipe Works has dismissed 2 members of the board and appointed 1 member.
In January-March Interpipe Niko Tube produced 49.3 thousand tons of pipes, down by 29.3% YoY, with 20.7 thousand tons produced in March.
Interpipe has signed a license agreement with JFE Steel Corporation to produce JFEBEAR thread connection.
In 2015 Interpipe produced 600 thousand tons of pipes and wheels, down by 29% YoY. In particular it produced 507 thousand tons of pipes and 93 thousand tons of wheels and exported 80% of the total volume.
In 2015 Interpipe Dniepropetrovsk Vtormet received 50.86 million UAH of losses.
Interpipe started importing hot-briquetted iron (HBI) from Russia.
In 2015 Interpipe Nizhnedneprovsk Pipe Works received 809.72 million UAH of losses.
In 2015 Interpipe NMTZ received 394.73 million UAH of net profits.