The company will initially launch final operations to finish production of semi-finished pipes, railway wheels, and wheelsets
Interpipe announced the resumption of operations in Dnipro, Nikopol, and Novomoskovsk.
According to the company’s press release on Facebook, first of all the company will launch final operations to finish production of semi-finished pipes, railway wheels, and wheelsets. The bulk of finished steel products will be exported to the European markets.
At the end of March, the company began to ship products by road to Europe, which were produced before the war began.
“The capacities of logistic channels in Ukraine are limited, so the cargo volume can’t be compared to the pre-war period”, the message said.
As GMK Center reported, in 2021, Interpipe increased crude steel production by 28.1% y-o-y to 971 thousand tons. The rail products output decreased by 9.7% to 172.1 thousand tons, but pipe production increased by 32.6% to 614.8 thousand tons.
Sales of rail products in 2021 decreased by 9.6% to 174 thousand tons. Sales of pipe products increased by 28.1%, to 602.2 thousand tons.
Interpipe is an international integrated pipe, and wheel company, one of the top 10 manufacturers of seamless pipes in the world, and one of the top 3 manufacturers of all-rolled wheels.