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Interpipe resumes steel production in Dnipro, Nikopol and Novomoskovsk

Ukraine

First of all, the facilities for finishing operations will be launched to finalize semi-finished pipes, railway wheels and wheel sets. The main part of the finished products the company will export to the European market.

Interpipe resumes steel production in Dnipro, Nikopol and Novomoskovsk

From the beginning of April, Viktor Pinchuk's Ukrainian industrial company Interpipe resumes operations in Dnipro, Nikopol and Novomoskovsk. First of all, the facilities for finishing operations will be launched to refine semi-finished pipes, railway wheels and wheel sets. The bulk of the finished products will be exported to the European market.

At the end of March, the company began to ship products manufactured before the start of the special military operation of the Russian Federation by road to Europe. The capacity of logistics channels in Ukraine is limited, so the volume of cargo cannot be compared with the volumes before the war.

“We hope that the situation will improve and we will be able to launch the hot part - rolling mills for the production of pipes and railway wheels. At the same time, the company will continue to help the army, our mobilized workers, hospitals that receive the wounded,” Andrey Korotkov, acting. General Director of Interpipe.

Earlier it was reported that Rinat Akhmetov's metallurgical plant Zaporizhstal began to inflate blast furnaces after a long stop, and the plant of the British billionaire Lakshmi Mittal in Krivoy Rog -k-vozobnovleniju-raboty.html">plans to resume production of metal products.

Interpipe is a Ukrainian industrial company, a manufacturer of seamless pipes and railway wheels. The company's products are supplied to more than 80 countries around the world through a network of sales offices located in the key markets of the CIS, the Middle East, North America and Europe. In 2020, Interpipe sold 662 thousand tons of finished products, including 192 thousand tons of railway products. Railway products are sold under the KLW brand.

At the end of 2021, Interpipe increased steel production by 28.1% compared to 2020, to 971 thousand tons. The production of railway products for the year decreased by 9.7% - to 172.1 thousand tons, while the production of pipes increased by 32.5%, to 614.8 thousand tons.

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