Business news from Ukraine

UKRAINE REDUCES PIPE PRODUCTION IN JAN

20 February , 2020  

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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