Business news from Ukraine


21 July , 2021  

The main pipe enterprises of Ukraine in January-June of this year increased production of pipes from ferrous metals, according to recent data, by 16.4% compared to the same period last year, to 470,800 tonnes, in particular, in June – 94,300 tonnes. The Ukrtruboprom association told Interfax-Ukraine, in particular, the enterprises of the association during this period increased production of pipes by 16.1%, to 309,400 tonnes. In particular, in June they increased output compared to the same period last year by 56.5%, to 68,400 tonnes, compared to May of this year – by 16.9%.
At the same time, Interpipe Niko Tube and Trubostal demonstrate positive dynamics, while in the six months they increased pipe production by 58.6% and 11.1%, respectively. At the same time, Centravis reduced production by 10.2%, Interpipe Novomoskovsk Pipe Plant – by 23.2%.
Dnipropetrovsk Pipe Plant continues to be idle.
According to Heorhiy Polsky, the director general of Ukrtruboprom, for the fourth month in a row there has been an increase in the production of seamless pipes at the enterprises of the association due to the preservation of a favorable situation in foreign markets.
“Consumption of oil and gas pipes is at a high level due to the growth of drilling volumes, mainly in the United States and the Middle East. At the same time, in Ukraine, even against the background of rising gas prices, drilling volumes and, accordingly, consumption of such pipes are still far away from the pre-crisis level of 2018-2019. At the same time, pipe products for construction purposes are also in demand in the EU countries, the MENA region, as well as in Ukraine,” the top manager stated.
According to him, the sharp rise in the price of strip (although the rise in prices for it has practically stopped at present) continues to have a negative impact on the production of welded pipes.

, ,