Ukraine-based Interpipe’s steel production increased by 10.6pc to 368,200mt in January-May as compared to the prior-year period as reported by local media.
Their total pipe sales increased by 9.1pc to 48,900mt in May from the previous month. In the first five months of 2021, the company’s pipe sales rose by 6.1pc to 198,800mt.
Pipe production in the period increased by 6.4pc to 206,700mt. Railway products’ output slipped 24.1pc to 68,000mt in the same period compared to a year ago.
Steel smelting rose by 3.7pc to 86,000mt in May 2021 from April. In the same period, pipe production rose by 6.4pc to 51,600mt from a month ago while railway products went down by 13pc to 13,000mt from April levels.
In January-May this year, Interpipe’s sales to Europe accounted for 29pc, the highest in sales; 25pc accounted for Middle East/North Africa region and sales to Ukraine totalled 17pc of the total. While the share of sales in the US was around 14pc. In May, Europe accounted for 24pc of the company’s pipe sales followed by 14pc in the home country.
Interpipe sold 48pc of its railway products in the CIS followed by 31pc in Europe in the first five months of 2021.
In May, the company sold 48pc railway products in the CIS followed by 29pc in Europe. The company managed to recover all key products and markets after the COVID-19 restrictions were lifted.