Electric steel-making complex “Interpipe Steel” reduced steel production by 13.9%

Electric steelmaking complex “Interpipe Steel” of the international vertically integrated pipe and wheel company (TKK) “Interpipe” (Dnipro) in January-October this year reduced steel production, according to operational data, by 13.9% compared to the same period last year – up to 641 thousand tons.

As reported to the Interfax-Ukraine agency in the company, 62.8 thousand tons of steel were smelted in October.

As reported, TCC Interpipe in 2019 reduced steel production by 4.2% compared to the previous year – up to 854.5 thousand tons.

Interpipe is a Ukrainian industrial company, a manufacturer of seamless pipes and railway wheels. The company’s products are supplied to more than 80 countries of the world through a network of sales offices located in key markets of the CIS, the Middle East, North America and Europe. In 2019, Interpipe sold 823 thousand tons of finished products, including 202 thousand tons of railway products. Sales of railway products are carried out under the KLW brand.

Interpipe employs 11 thousand people. In 2019, the company transferred UAH 3.25 billion to the budgets of all levels.

The company has five industrial assets: Interpipe Nizhnedneprovsky Pipe-Rolling Plant (NTZ), Interpipe Novomoskovsk Pipe Plant (NMPP), ” Interpipe Niko-Tube “,” Dnepropetrovsk Vtormet “and electric steel-making complex” Dneprostal “under the brand” Interpipe Steel “.

Based on materials: Interfax-Ukraine

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