Pipe production at Ukraine’s largest producer
Interpipe (INPIP) was 2.00 kt per day (or 56.1 kt per month) in February, a
6.2% m/m decrease, according to Concorde Capital’s analysis of a March 14 news
report by Interfax-Ukraine.
Interpipe NTRP pipe production slid 16.3% m/m to 0.63
kt per day in February. Interpipe NMPP output jumped 33.6% m/m to 0.38 kt per
day. Interpipe Niko Tube output lost 9.4% m/m to 1.00 kt per day.
In 2M19, Interpipe’s pipe production was 121.6 kt, or
2.1% more yoy.
In a separate news report, Interfax-Ukraine said that
Interpipe Steel’s output of crude steel was 2.18 kt per day in February, a 4.9%
m/m decrease. The 2M19 steel output at Interpipe Steel was 132 kt, an 11.4% yoy
loss.
Dmytro Khoroshun: We tentatively expect the 2019 pipe production volume at Interpipe to
drop 7% yoy to 700 kt, or 1.92 kt per day.