pipe production - Latest news GMK Center

The value of the deal is estimated at €955 million

WRA is unable to compete in the market due to outdated production technology and high production costs

In 3 months, the enterprises of the association Ukrtruboprom produced 142.5 thousand tons of pipes

The Ukrainian industrial company — an exporter of steel pipes and railway products — also hopes to restore full-fledged sea container transportation from Ukraine

The design capacity of Aktau Pipe Plant is planned to be increased by 40 thousand tons per year to 100 thousand tons per year

The company announced the completion of investments in pipe assets

During the year, the enterprises of Ukrtruboprom association produced 495.6 thousand tons of pipes

The temporary abolition of duties and quotas on the European market provided new opportunities and unique niches for the development of sales of Ukrainian pipes. And after the final closure of the Vallourec plants, the EU market is in for a radical reconfiguration

The French company announced the decision to close two German plants in 2022

In 2023, as the company predicts, the indicator will reach €950 million – €1.1 billion

The construction of the new production line is planned to begin in 2024, and its launch is planned for 2025

Sales revenue in January-March 2023 increased by 102.8% year-on-year