international vertically integrated pipe and wheel company (TAC) "Interpipe" in 2019 melted 854,5 thousand tons of steel, which is 12% less than at the end of 2018 (973 tonnes). In December, steel production in the factories of "Interpipe" amounted to 57.1 thousand tons, said published on Wednesday the company's report.
pipe Production in December was reduced to 32.1 thousand tonnes in the 12 months to the decline in production reached 13.3% to 587 thousand tons. Including production of oil and gas pipes (OCTG) decreased by 25.1% to of 178.2 thousand tons.
At the same time, production of railway products in the "Interpipe" in 2019 increased by 11% and amounted to 207,7 kt. Including the production well.d. wheels increased by 8.5% and amounted to 2019 185.6 thousand tons.
the Supply pipes in 2019 was reduced in comparison with 2018 10.6% to 597,1 thousand tons, shipping well.d. production increased in the reporting period by 7% to r202. 1 thousand tons.
10 January of this year, Interpipe repaid 98.5 million dollars of the total 309 192 058 dollars in Eurobonds in 2024 with a coupon of 10.25% in accordance with the additional condition of repayment of their outstanding bonds at the principal amount together with interest accrued to the maturity date.
"Interpipe" is among the ten largest producers of seamless pipes, is the third largest producer of forged railway wheels in the world.
the company has five industrial assets "Interpipe Nizhnedneprovsky tube rolling plant (NTRP)", "Interpipe Novomoskovsk pipe plant (nmpp)", "Interpipe Niko-tube", "Dnepropetrovsk Vtormet" and arc-furnace complex "Ukraine" brand "Interpipe Steel".
