Business news from Ukraine

Business news from Ukraine

UKRAINE REDUCES PIPE PRODUCTION BY 27%

The main pipe enterprises of Ukraine in January-August of this year reduced production of pipes from ferrous metals, according to recent data, by 27% compared to the same period last year, to 539,100 tonnes, in particular in August 69,300 tonnes were produced.
The Ukrtruboprom association told Interfax-Ukraine that the enterprises of the association, in particular, for the eight months of the year reduced production of pipes by 34.7%, to 351,400 tonnes, including 45,500 tonnes in August.
Pipe production at Interpipe Nyzhniodniprovsky Pipe Rolling Plant for the indicated period decreased by 43.9%, to 95,100 tonnes (13,100 tonnes in August), at Interpipe Novomoskovsk Pipe Plant by 33.3%, to 51,000 tonnes (7,600 tonnes). Interpipe Niko Tube reduced production by 26.6%, to 191,500 tonnes (23,500 tonnes).
Dnipropetrovsk Pipe Plant produced 300 tonnes of pipes, while in January-August 2019 some 15,700 tonnes of products were made, Centravis reduced production by 10.9%, to 12,300 tonnes (1,100 tonnes).
Trubostal plant reduced its output by 33.3%, to 1,200 tonnes of pipes.

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UKRAINE REDUCES PIPE PRODUCTION IN JAN

The main pipe enterprises of Ukraine in January of this year reduced production of pipes from ferrous metals, according to recent data, by 23.9% compared to the same period last year, to 65,800 tonnes.
The Ukrtruboprom association told Interfax-Ukraine that in January 2020, the enterprises of the association reduced production of pipes by 41.8%, to 40,100 tonnes.
Pipe production at Interpipe Nyzhniodniprovsky Pipe Rolling Plant for the indicated period decreased by 33.9%, to 14,800 tonnes, at Interpipe Novomoskovsk Pipe Plant by 48.2%, to 4,400 tonnes. Interpipe Niko Tube reduced production by 44.5%, to 19,200 tonnes.
Dnipropetrovsk Pipe Plant increased pipe production to 100 tonnes from 1,400 tonnes in January 2019, Centravis by 21.1%, to 1,500 tonnes of stainless pipes.
Trubostal plant retained pipe production at 100 tonnes of pipes.
Mariupol-based Illich Steel Mill, which is not part of the Ukrtruboprom association, increased pipe production by 51.5% in January 2020, to 15,000 tonnes, while Kominmet by 39%, to 10,700 tonnes.
As reported with reference to the data of Ukrtruboprom, in 2019 Ukraine reduced pipe production by 9.1% compared to the previous year, to 1.002 million tonnes. Enterprises of the association reduced pipe production by 10.2% to 715,100 tonnes.

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UKRAINE CUTS PIPE OUTPUT IN NINE MONTHS

Ukrainian enterprises reduced steel pipe production 4.4% year-on-year in January-September, to 806,700 tonnes.
The country produced 69,300 tonnes of pipes in September, compared with 75,800 tonnes in August, the Ukrtruboprom association told Interfax-Ukraine.
Khartsyzsk Pipe Mill in Donetsk region idled, as it did in 2018.
Interpipe Nyzhniodniprovsky Pipe Rolling Plant reduced output 16.7% year-on-year in January-September, to 182,200 tonnes, including 12,800 tonnes in September, Interpipe Novomoskovsk Pipe Plant produced 86,300 tonnes, up 1.4%, including 9,800 tonnes in September, and Interpipe Niko Tube raised production by 1.45% to 280,600 tonnes, including 19,700 tonnes in September.
Kominmet pipe mill reduced output 12.5%, to 111,600 tonnes in the nine months, including 14,100 tonnes in September, Centravis raised stainless steel pipe production 10.8%, to 15,700 tonnes, including 1,900 tonnes in September, production rose 4.4% to 111,700 tonnes including 9,900 tonnes in September at Illich Iron & Steel Works in Mariupol, it jumped 35.8%, to 16,700 tonnes, including 1,000 tonnes in September, at Dnipropetrovsk Pipe Mill, and fell 9.1% at Trubostal, to 2,000 tonnes, including 200 tonnes in September.
Ukrainian pipe production fell 0.5%, to 848,000 in 2016 but it had risen ever since, growing 5.2% in 2018, to 1.103 million tonnes.

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UKRAINE BOOSTS PIPE EXPORT TO $430 MLN IN JAN-JULY 2019

Ukraine in January-July 2019 increased steel pipe exports by 4% compared to the same period in 2018, to 397,400 tonnes from 382,500, up to $430.8 million, according to a report of the state-owned enterprise Derzhzovnishinform.
Export of seamless pipes in in physical term grew by 7.3%, up to 289,600 tonnes (by 4% in monetary terms, to $364.3 million), export of big-diameter pipes was 2.9 times up, to 11,400 tonnes (by 2.3 times to $8.2 million), meanwhile exports of welded pipes dropped by 11.1%, to 96,600 tonnes (by 18.9% in monetary terms up to $58.3 million).
According to the results of the seven months ending July 2019, the volume of export of rolled stock increased by 4.5%, to 5.704 tonnes. However, exports of rolled stock in monetary term decreased by 6.5%, to $2.676 billion. In particular, the export of flat stock saw 6.9% rise, up to 3.191 million (3.6% down in monetary terms to $1.631 billion), the export of bolt stock saw 0.3% rise, by 1.71 million (11.6% down in monetary terms up to $934.2 million), flat stock saw 4.4% rise, to 169,600 tonnes (3.1% down in monetary terms, to $111.66 million).

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UKRAINE RAISES PIPE PRODUCTION BY 4.3%

The main pipe enterprises of Ukraine in January-June 2019 increased production of pipes made of ferrous metals, according to recent data, by 4.3% compared to the same period of 2018, to 564,200 tonnes, while in June they manufactured 87,900 tonnes.
The Ukrtruboprom association told Interfax-Ukraine, in particular the enterprises of the union for January-June 2019 raised production of pipes by 5.8%, to 426,200 tonnes, and in June the output was 66,900 tonnes.
At the same time, Khartsyzsk Pipe Plant (Donetsk region), which is located in the territory not controlled by Ukrainian authorities, is standing idle this year, just like last year.
During this period, the output of pipes at Interpipe Nyzhniodniprovsky Pipe Rolling Plant decreased by 7.9%, to 136,400 tonnes (in June some 24,300 tonnes), at Interpipe Novomoskovsk Pipe Plant increased by 5.9%, to 53,900 tonnes (8,100 tonnes). Interpipe Niko Tube raised production by 14.9%, to 209,600 tonnes (30,700 tonnes).
Dnipropetrovsk Pipe Plant increased production of pipes by 38.8%, to 13,600 tonnes (in June some 1,700 tonnes). Centravis increased output by 12.9%, to 11,400 tonnes of stainless pipes (1,900 tonnes).

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UKRAINE BOOSTS PIPE EXPORT, MAJOR MARKETS – UNITED STATES, ITALY, TURKEY

Ukraine in January-August 2018 increased steel pipe exports by 7.3% compared to the same period in 2017, to 434,600 tonnes, of which 70.2% accounted for seamless, 29.8% for welded pipes, according to a Monday press release of the state-owned Enterprise Derzhzovnishinform. At the same time, foreign exchange earnings from pipe exports increased by 39.6% to $484.6 million (82.2% – seamless and 17.8% – welded pipes).
According to the results of the eight months ending August 2018, the export of semi-finished products was 4.512 million tonnes, which is 16.5% more compared to the same period last year. In monetary terms, the growth in exports of semi-finished products amounted to 47.3%, to $2.167 billion.
The volume of export of finished rolled products decreased by 2.8% to 5.498 million tonnes, however, due to the general increase in prices in the global market in the segment of finished rolled products, revenues from its exports increased by 18.6%, to $3.248 billion.
The volume of exports of raw materials for metallurgy (goods from group 72) increased by 31%, to 3.04 million tonnes in January-August 2018, while foreign exchange earnings increased by 25.2%, to $ 1.534 billion.
A significant upward dynamics is demonstrated by the export of pig iron, which increased by 45.8%, to 2.113 million tonnes. The main sales markets for Ukrainian iron are the United States, Italy and Turkey.
Exports of ferroalloys in January-August increased by 2.5% to 622,700 tonnes, scrap metal exports increased by 17% to 300,300 tonnes. Proceeds from the export of ferroalloys for the period fell 2.9%, to $696.9 million, but increased from scrap exports by 69.8%, to $98.2 million.
Import of rolled metal to Ukraine in the first eight months of this year in kind increased 11.7%, to 883,500 tonnes, and in monetary terms – by 22.2%, to $711.7 million.
Imports of flat steel increased 0.6% to 192,500 0 tonnes, but imports of flat rolled products with coating decreased by 7.8%, to 311,100 tonnes. At the same time, the foreign exchange costs for the import of rolled products amounted to $711.7 million.

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