The Ukrainian Association of Secondary Metals is studying the global experience of processing military machines for scrap. According to Interpipe Vtormet chairman Valentin Makarenko, there was a shortage of scrap in Ukraine, but the material had been found. “We will process it. It’s a necessary product for us,” he said. He added, that only useless…
Interpipe has purchased sheet steel to produce 900 bulletproof vests. Three enterprises are involved – Nikopol Repair Plant, Interpipe NTZ and Smoly LLC. Moreover, the group has purchased torches and boots for the Interpipe employees in the Army and territorial defense. (Ukrainian metal)
In two days Interpipe has produced 96 Czech hedgehogs. They have already been supplied to construct fortifications. Together with the Victor Pinchuk Foundation, the company is buying protection gear for the army and the territorial defense squads. “When asked, we provide fuel, metal, pipes, concrete blocks, plates, nails, construction materials, etc.,” Interpipe noted. (Ukrainian metal)
Interpipe has announced a preterm payment of the second advance for February to all employees. The first advance was paid on February 21. “With the early payment we want to support our employees in this difficult time. I’m sure that the Ukrainian Army and the government are doing everything possible to protect the country. The…
In January, Interpipe increased steel manufacture by 69.8% YoY, to 93 thousand tons. Railroad products output dropped by 14%, to 13.8 thousand tons, while that of pipes grew by 29.5%, to 52.7 thousand tons. Europe accounted for 45% of sales, Ukraine for 31%, CIS for 16%, MENA for 6% and Americas for 2%. The main…
Following two auctions, Ukrgazodobycha has concluded three agreements with Interpipe Niko Tube for the delivery of compressor-pump pipes and spare parts valued at 2.29 billion UAH. Over 7 months, the company has to supply via railroad and trucks pipes produced by it and Voestalpipe Tubulars GmbH & Co KG. The cost of the agreements is…
Interpipe Limited intends to buy the share of Vallourec in their joint enterprise Vallourec Niko Tube, which produces steel pipes for the European market. The corresponding inquiry has been sent to the Antimonopoly Committee of Ukraine. The joint project was shut down in December 2021 because of low capacity, as well as duties. The joint…
Since 2021, Interpipe has been using container terminals in Novomoskovsk and Zaporozhye when shipping premium pipes to the port of Odessa for the further shipping to far countries. This allows speeding up pipe delivery and optimizing container flow. Intrepipe used to supply its products to Odessa by railroad or trucks. (Ukrainian metal)
