Interpipe
The reason is a gain in sales of railway products
Steel production fell by 2.3%, while production of pipes was down by a third
They imply a cut in production and sales by 30–50%
30 March 2020
Companies are taking action to prevent the spread of the virus and minimize its impact on production
Sales totaled 798 thousand tons
Production of pipes fell by 13.3% to 587 thousand tons
The Company made a breakthrough owing to its railway products segment
Interpipe is going to supply 20 thousand wheels to BelAZ in 2020
Posts Industry steel consumption
25 October 2019
The annual pipe consumption in the domestic oil & gas industry is estimated at around 100–130 thousand tons
11 October 2019
Ukrainian Interpipe remains a major supplier of rail wheels to the Russian Federation
News Industry Ilyich Iron and Steel Works
02 October 2019
The industry stagnates as Ukrainian pipes are lacking adequate sales market
These funds are supposed to finance repayment of the company’s debt worth $1.3 billion