Business news from Ukraine

UKRAINE RAISES PIPE PRODUCTION BY 21.6% IN JAN-AUG

The main pipe enterprises of Ukraine in January-August this year increased production of pipes from ferrous metals, according to recent data, by 21.6% compared to the same period last year, up to 655,100 tonnes, in August – 90,800 tonnes.
The Ukrtruboprom association told Interfax-Ukraine the enterprises of the association during this period increased the production of pipes by 26%, to 442,500 tonnes. In particular, in August, the enterprises belonging to the Ukrtruboprom association increased production by 54.9% compared to the same period last year, to 70,000 tonnes, compared to July – by 11.3%.
According to Heorhiy Polsky, the director general of Ukrtruboprom, Interpipe Niko Tube and Trubostal have shown positive dynamics, which in the eight months increased their pipe production by 84.1% and 27.3%, respectively. At the same time, Centravis reduced the production of stainless steel pipes by 2.4%, Interpipe Novomoskovsk Pipe Plant – electric-welded pipes by 30.8%.
At the same time, Dnipropetrovsk Pipe Plant continues to be idle.
“The favorable situation on the foreign markets continues to have a positive impact on the Ukrainian pipe industry. Ukrtruboprom enterprises have been increasing the production of seamless pipes for the sixth month in a row,” the CEO said.
According to him, the demand for oil and gas products is at a high level due to the increase in world prices for hydrocarbons. At the same time, the consumption of line pipes is also stable. Another positive factor: an increase in shipments of premium pipe products, that is, the Ukrainian Truboprom is increasing the share of complex orders.
Polsky also pointed to an increase in the production of welded pipes: since the second half of the year, strip prices have stabilized, which allowed the plants to resume normal operation.

UKRAINE CUTS PIPE PRODUCTION IN 2020

The main pipe enterprises of Ukraine in 2020 reduced the production of pipes from ferrous metals, according to recent data, by 16.3% compared to the previous year, to 854,000 tonnes, including 71,000 tonnes produced in December.
As the Ukrtruboprom association told Interfax-Ukraine, in particular, the enterprises of the association last year reduced the production of pipes by 24.8%, to 538,000 tonnes, including 44,000 tonnes produced in December.
At the same time, according to preliminary data, the output of pipes at Interpipe Nyzhniodniprovsky Pipe Rolling Plant for the specified period fell by 33.7%, to 145,000 tonnes (in December it was 15,300 tonnes), at Interpipe Novomoskovsk Pipe Plant by 23.9%, to 78,600 tonnes (4,600 tonnes). Interpipe Niko Tube cut production by 16.5%, to 293,700 tonnes (22,200 tonnes).
Dnipropetrovsk Pipe Plant produced 300 tonnes of pipes, while in 2019 it produced 17,600 tonnes of these products. Centravis cut production by 9.3%, to 19,050 tonnes of stainless pipes (1,600 tonnes).
Trubostal plant reduced its output by 42.9%, to 1,600 tonnes of pipes (100 tonnes).
Mariupol Illich Iron and Steel Works, which is not included in the association Ukrtruboprom, reduced pipe production by 4.2%, to 151,600 tonnes (in December it was 12,300 tonnes), while Kominmet increased by 12.2%, to 164,600 tonnes (14,900 tonnes).
Earlier, Ukrtruboprom said that in 2019 Ukraine reduced the production of pipes by 9.1% compared with 2018, to 1.002 million tonnes. Including the enterprises of the association reduced the production of pipes by 10.2%, to 715,100 tonnes.

,