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Ukrainian industrial company Interpipe has suspended steel production

Ukraine / Ferrous metallurgy

Viktor Pinchuk's metallurgical company has suspended work until it understands how the logistics will be carried out.

Ukrainian industrial company Interpipe has suspended steel production

The Ukrainian industrial company Interpipe has decided to temporarily suspend the production facilities of its enterprises in Dnipro and the Dnipropetrovsk region of Ukraine until it understands how logistics will be carried out in wartime conditions and the situation that has developed after the Russian invasion.

“The staff has been switched to remote work mode. All enterprises of the company are in working condition, employees are safe. Production will be launched as usual, as soon as it becomes clear how the supply chains in the country work,” the company said in a statement on Thursday.

Interpipe will continue to pay wages and other social obligations. The company's management works around the clock and provides the necessary support to employees, summed up the press service of Interpipe.

Earlier today about the suspension of steel and metal products production reported to ArcelorMittal Kryvyi Rih.

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