Interpipe Steel — Information about Ukrainian iron and steel producers

Interpipe Steel

Interpipe Steel is the largest Eastern European electric steel melting complex for the production of round steel billets. The company works in vertical integration with other enterprises of the Interpipe Group, supplying steel billets for pipe and wheel production. Interpipe Steel is the most up-to-date steel plant in Ukraine. It was put into operation in 2012. Investment in it construction reached $700 million. Green steelmaking technologies were used in its construction: a closed cycle of the water supply system, a modern gas removal and cleaning system, and a noise insulation system.

Location: Dnipro, Ukraine

Shareholders: Interpipe

Markets: Ukraine

Products: Rounds billets

Production capacity

Production of steel Electric arc furnace, 1,300 thousand tons
ladle furnace, vacuum degasser, 2 CCMs

Staff and wages

Number of employees 555

Average wage* UAH 270,000 per annum

Workforce productivity 1367 t of steel per year

_{* per worker before taxes}

Charts and tables

Production results, thousand tons

Steel

2000150010005000

2013

2014

2015

2016

2017

2018

2019

2020

Indicative sales structure by products in 2020*

Indicative sales structure by countries in 2020*

_{* structure of sales volumes, metric tons}

Financial performance, $ million

	2019	2020
Sales	481	377
EBITDA	72	55
EBITDA margin	15.1%	14.5%
Net income	56	49
Net income margin	11.7%	13.1%
CAPEX	n/a	n/a

Key facts

2020

Interpipe reported 200 kg CO2 emissions per tonne of steel, one of the best globally

2020

Interpipe has several scenarios of activity in Q2–Q3 2020, which suggest a 30–50% decline in production.

2019

Interpipe Steel invested $10 million in development in 2019, according to a presentation on Interpipe’s financial results for 12 months of 2019

Steel production volume at Interpipe Steel decreased due to a drop in pipe production at Interpipe plants caused by unfavorable market conditions in the pipe segment.

2018

Representatives of the company said that due to the shortage of scrap in Ukraine, Interpipe Steel partially replaced scrap with hot briquetted iron (HBI) and pig iron.

2015

A comprehensive power management system was introduced at the plant. Due to the redistribution of the load schedule depending on the daytime, as well as changes in the steam generator settings, the plant saved $6 million in 2015–2016.

Interpipe Steel is known for installations of a Danish artist, Olafur Eliasson, specially created and installed during the construction of the plant.

2007

Interpipe Steel’s (initially, Dniprosteel) construction plan was announced in 2007 with the aim to replace the open-hearth production at Interpipe NTRP (Nyzhnyodniprovskyi Tube Rolling Plant). The plant was put into operation in 2012.

Sources: websites of the companies, media outlets