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Interpipe raises steel output by 22.7%, pipes by 22.3%, cuts railway products by 13.4% in Jan-Aug
KYIV. Sept 17 (Interfax-Ukraine) – The Ukrainian industrial company Interpipe in January-August this year increased steel production by 22.7% compared to the same period last year, to 630,400 tonnes.
According to the company’s monthly report, for the eight months of 2021, pipe production increased by 22.3% – to 377,100 tonnes, output of railway products decreased by 13.4% – to 112,700 tonnes.
In August, steel smelting amounted to 95,400 tonnes (in July – 77,700 tonnes), pipe production – 60,000 tonnes (55,000 tonnes), railway products – 15,200 tonnes (15,500 tonnes).
It is also reported that pipes in January-August of this year were sold in Europe (26%), the MENA region (25%), Ukraine (17%), the American continent (16%), the CIS (12%) and other regions (3%). In August, pipes were sold in Europe (20%), Ukraine (18%), the MENA region (35%), the CIS (11%), the American continent (15%) and other regions (1%).
Railway products for the eight months of 2021 were sold in the CIS (43%), Europe (33%), Ukraine (10%), the MENA region (3%), the American continent (5%) and other regions (6%). In August – in the CIS (41%), Europe (31%), Ukraine (11%), the MENA region (5%), the American continent (3%) and in other regions (10%).
According to Interpipe’s commentary, this August the company saw an increase in its trading activity both for pipes and railroad products after a seasonal decline in July.
At the same time, the total sales of pipe products increased by 23.9% from the previous month – up to 55,700 tonnes, for the eight months of 2021 the figure increased by 15.5% against the same period last year – to 358,000 tonnes.
